Johnson Controls gives timetable for seating spin-off

摘要

Milwaukee, Wisconsin - Johnson Controls announced on 24 July 2015 it plans to spin-off its Automotive Experience business in the next 12 months to create an independent, publicly traded company. Bruce McDonald, currently Johnson Controls vice chairman and executive vice president, will become chairman and CEO of the new company. Beda Bolzenius will serve as president and chief operating officer.