MILWAUKEE, Sept. 11, 2013 /PRNewswire/ -- Johnson Controls (NYSE: JCI) today named William C. Jackson as executive vice president of the company's newly created Corporate Development function, reporting to Vice Chairman Alex Molinaroli.
"The creation of the Corporate Development function reflects our expressed commitment to invest in platforms for future growth and increasingly diversify the company's portfolio," said Molinaroli. "Under Bill's leadership the team will lead strategy development and merger and acquisition activity, and work with our business units to drive execution plans to support achieving growth and margin objectives."
Jackson, who joined Johnson Controls in 2011, will also retain responsibility as president of the Automotive Electronics and Interiors business. Prior to joining Johnson Controls, he worked for 20 years as a business consultant, ultimately serving as senior vice president and board member of Booz & Company. He led the firm's Global Automotive, Transportation and Industrials Practice, where he worked with Johnson Controls on a number of acquisitions including York International, Becker Group, and the automotive battery business of VARTA AG. Jackson holds bachelor and master's degrees in mechanical engineering from the University of Illinois at Urbana-Champaign and a Master of Business Administration from the University of Chicago.
About Johnson Controls
Johnson Controls is a global diversified technology and industrial leader serving customers in more than 150 countries. Our 168,000 employees create quality products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles; and interior systems for automobiles. Our commitment to sustainability dates back to our roots in 1885, with the invention of the first electric room thermostat. Through our growth strategies and by increasing market share we are committed to delivering value to shareholders and making our customers successful. In 2013, Corporate Responsibility Magazine recognized Johnson Controls as the #14 company in its annual "100 Best Corporate Citizens" list. For additional information, please visit http://www.johnsoncontrols.com.
SOURCE Johnson Controls