01—Abstract
Summary
Summary of the 8-K filed December 10, 2021. Cited figures are marked; the original filing is the authoritative source.
Johnson Controls International plc (JCI) filed an 8-K on December 10, 2021, to announce a change in its Board of Directors.
Juan Pablo del Valle Perochena, a director, has informed the Board that he will not seek re-election at the upcoming 2022 Annual General Meeting of Shareholders, scheduled for March 9, 2022. This departure is not attributed to any disagreements with the company's operations, policies, or practices, indicating a planned and amicable transition.
02—Key points
Key Highlights
- Juan Pablo del Valle Perochena will retire from the Board of Directors.
- Mr. del Valle Perochena will not seek re-election at the 2022 Annual General Meeting of Shareholders.
- His retirement is scheduled for the 2022 Annual General Meeting on March 9, 2022.
- The departure is amicable and not due to any disagreements with the company.
- This filing signals a routine board refreshment or succession planning for Johnson Controls.
03—Questions
Frequently Asked Questions
Who is leaving the Johnson Controls Board of Directors?
Juan Pablo del Valle Perochena is leaving the Board of Directors.
When will Mr. del Valle Perochena's departure be effective?
His departure will be effective at the 2022 Annual General Meeting of Shareholders, scheduled for March 9, 2022, when his term concludes and he retires.
Are there any concerns or disagreements that led to Mr. del Valle Perochena's decision?
No, the filing explicitly states that Mr. del Valle Perochena's decision not to seek re-election was not due to any disagreements with the Company on any matter relating to its operations, policies, or practices.
Does this indicate any major issues or strategic shifts within Johnson Controls?
Based solely on this 8-K filing, this appears to be a standard director retirement and board succession event, rather than an indicator of major company issues or strategic shifts. The amicable nature of the departure supports this interpretation.
04—Continue