Wisconsin-based energy and operations efficiency company, Johnson Controls, and Tyco International, which offers safety solutions to various industries, including the oil and gas industry, recently announced the Senior Executive Team that will lead the combined company following the close of their planned merger, which is expected on or around Oct. 1, 2016.
As previously announced, at the effective time of the merger, Johnson Controls Chairman and Chief Executive Officer, Alex Molinaroli, will be appointed to the same role for the combined company. Tyco Chief Executive Officer, George Oliver, will serve as President and Chief Operating Officer, with responsibility for the operating businesses and leading the integration, and will become a Director on the new company’s board. Molinaroli will serve as Chairman and Chief Executive Officer for 18 months after the closing. At that time, Oliver will become Chief Executive Officer and Molinaroli will become Executive Chair for one year, after which Oliver will become Chairman and Chief Executive Officer.