Johnson Controls Appoints Brian Stief Vice Chairman and CFO; to Step Down in December 2020
CORK, Ireland — Johnson Controls International plc named Brian Stief vice chairman and CFO effective immediately. As vice chairman, Stief will serve as an adviser to George Oliver, chairman and CEO, and continue his duties as CFO. Stief plans to retire effective Dec. 31, 2020, following the expiration of his previously announced retention arrangement.
"Brian has been our CFO since 2014,” said Oliver. “He has been a valued member of the management team and has made significant contributions to the success of Johnson Controls. He has been a true partner over the last several years and has played an integral role in setting and achieving our strategic and financial commitments. As Brian completes his last year as our chief financial officer, I welcome him to the vice chairman role in recognition of all his efforts and look to his leadership for an orderly and smooth transition when his successor is announced.”
The board will begin a process to appoint a successor to Stief, including an external search to ensure that management and the board of directors have the appropriate time to evaluate a full slate of candidates for the company's next CFO. Stief will participate in the process and facilitate a successful leadership changeover.
Stief joined Johnson Controls in July 2010 as vice president, corporate controller, responsible for global finance functions, financial planning and analysis, and corporate taxation. He was appointed executive vice president and CFO in 2014. For more information, visit www.johnsoncontrols.com.