Stephen A Roell Net Worth is22.8 $Million
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Company Name: Johnson Controls, Inc.
Company Logo: Image:Johnson Controls.svg
Company Type: Public company
Traded As: JCI, S&P 500
Company Slogan: Ingenuity Welcome
Foundation: 1885
Location: Milwaukee, Wisconsin
Key People: Stephen A. Roell, CEO and Chairman
Num Employees: 162,000(As on Nov 30, 2011)/
Revenue: US$ 40.833 billion (2011)
Net Income: US$ 1.655 billion (2011)
Market Cap: US$ 9.9 billion (Oct. 2008)
Industry: Auto and Truck parts
Products: Automobile interior equipment, car seats, Car battery, climate control, facility management
Johnson Controls, Inc. is a global company offering products and services to optimize energy and operational efficiencies of buildings, automotive batteries, electronics and interior systems for automobiles.
It is a Fortune 500 diversified, multi-industrial company with 162,000 employees in more than 1,300 locations across six continents. It is listed as 67th in the Fortune 500 and 251st in Global 500.
Johnson Controls operates three business units: Automotive Experience, Building Efficiency and Power Solutions.
In 1883, Warren S. Johnson, a professor at the State Normal School in Whitewater, Wisconsin, received a patent for the first electric room thermostat. His invention helped launch the building control industry and was the impetus for a new company.
Johnson and a group of Milwaukee investors incorporated the Johnson Electric Service Company in 1885 to manufacture, install and service automatic temperature regulation systems for buildings. The company was renamed Johnson Controls in 1974.
Between 1885 and 1911, Professor Johnson delved into many other areas, including electric storage batteries, steam and gas powered automobiles, huge pneumatic clock towers and wireless telegraph communication. But at his death in 1911, the company decided to focus solely on its temperature control business for nonresidential buildings.
Johnson Controls continued to develop new control technologies to help customers better manage their increasingly larger and more complex buildings. By the 1950s, for example, it was common for a large building to have hundreds of thermostats, valves, dampers and other temperature control devices installed throughout the facility, all of which had to be individually checked several times a day. To improve the efficiency of building operations staff, Johnson Controls introduced the Pneumatic Control Center, which allowed for monitoring and operating all the temperature control devices in a facility from a single point.

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Stephen A Roell Latest News

Johnson Controls elects Alex Molinaroli Chief Executive Officer

Molinaroli was also elected chairman of Johnson Controls effective Jan. 1, 2014. Molinaroli succeeds current CEO Stephen A. Roell. Roell will remain chairman until his planned retirement on Dec. 31, 2013, when he will leave the board. "I am extremely proud ...
Posted: July 23, 2013, 5:00 pm

Johnson Controls posts income growth but cites ‘soft’ residential HVAC business

Despite these challenges, CEO Stephen A. Roell said during a conference call that Johnson Controls’ individual business units are outperforming markets. The company is also growing more efficient and has a strong long-term outlook, he said.
Posted: January 19, 2012, 3:07 am

Johnson Controls Names Innovation Centers In Honor Of Retired CEO

MILWAUKEE – Johnson Controls has named its global innovation centers headquartered in Milwaukee after Stephen A. Roell, who retired as CEO of the company on Oct. 1. Inspired by the history of innovation started by company founder Warren Johnson ...
Posted: November 20, 2013, 4:00 am
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