Alex Molinaroli: Difference between revisions
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As CEO of Johnson Controls, Alex Molinaroli led the company through significant transformation that continues today. |
As CEO of Johnson Controls, Alex Molinaroli led the company through significant transformation that continues today. |
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In 2013, Molinaroli signalled that JCI would "reduce its automotive footprint." During the next two years, JCI sold off portions of the automotive business or spun divisions into new companies. The garage door unit was sold to Gentex with the remaining electronics sold to Visteon, overhead and visors to a new company. Seating was spun out to become |
In 2013, Molinaroli signalled that JCI would "reduce its automotive footprint." During the next two years, JCI sold off portions of the automotive business or spun divisions into new companies. The garage door unit was sold to Gentex with the remaining electronics sold to Visteon, overhead and visors to a new company. Seating was spun out to become Adient. The remaining interior plastic division was sold to YanFeng.[3] |
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In 2016, Johnson Controls International plc was formed through a merger with Tyco International.{{Citation needed|reason=This whole paragraph needs citations|date=April 2021}} |
In 2016, Johnson Controls International plc was formed through a merger with Tyco International.{{Citation needed|reason=This whole paragraph needs citations|date=April 2021}} |
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Revision as of 14:04, 27 October 2023
Alex Molinaroli | |
|---|---|
 Alex Molinaroli, 2013 | |
| Born | October 7, 1959 Parkersburg, WV, US |
| Citizenship | United States |
| Alma mater | Kellogg School of Management, Northwestern University, (MBA) University of South Carolina Columbia (Bachelor of Science in Electrical Engineering) |
| Occupation(s) | President and Chief Executive Officer of Johnson Controls Co-Founder of Electrification Coalition[1] |
| Board member of | Interstate Batteries Battery Council International Metropolitan Milwaukee Chamber of Commerce Milwaukee School of Engineering[2] |
Alex Adrian Molinaroli (born October 7, 1959) is an American businessman who served as Chief Executive Officer (CEO) of Johnson Controls,[3] from 2013 through 2017. Johnson Controls is a Fortune 80 diversified company with 130,000 employees in 1,300 locations worldwide.[4]
Early life and education
Molinaroli was born October 7, 1959, in Parkersburg, WV.[5] At an early age his family relocated to Charleston, SC for his father’s work.
He attended primary and secondary parochial schools and graduated from Bishop England High School in 1978.[citation needed]
He received a NROTC Scholarship to attend the University of South Carolina in Columbia, SC and was accepted into the school’s prestigious Honors College. He earned his Bachelor of Science in Electrical and Computer Engineering in 1983
Later in life he continued his formal education while still working, earning a Master of Business Administration (MBA) from Northwestern University in Evanston, IL.[citation needed]
Career
Molinaroli went to work for Johnson Controls in 1983.[6] He held increasing levels of responsibility for controls systems and services sales and operations, and was Vice President and General Manager for North America Systems and General Manager for the Middle East businesses for Building Efficiency Division.[citation needed]
In January 2007, Molinaroli served as President of Johnson Controls Power Solutions Battery. As president of Power Solutions, he oversaw a renaissance within the company’s battery business. During this timeframe, the profitability and topline growth dramatically improved – driven by investments in China, the development of advanced battery technologies and vertical integration into battery recycling and separator technologies. [7]
In January 2013, Molinaroli transitioned to the Johnson Controls corporate office as Vice Chairman and subsequently replaced Steve Roell as Chairman and CEO. [8]
As CEO of Johnson Controls, Alex Molinaroli led the company through significant transformation that continues today. In 2013, Molinaroli signalled that JCI would "reduce its automotive footprint." During the next two years, JCI sold off portions of the automotive business or spun divisions into new companies. The garage door unit was sold to Gentex with the remaining electronics sold to Visteon, overhead and visors to a new company. Seating was spun out to become Adient. The remaining interior plastic division was sold to YanFeng.[3] In 2016, Johnson Controls International plc was formed through a merger with Tyco International.[citation needed]
Molinaroli retired from Johnson Controls in September 2017.[citation needed]
Controversey
In 2014, Molinaroli hired an executive coaching firm Lichter & Ihle. The principal, psychologist Kristin Ihle, had an alleged affair with Alex Molinaroli. The affair became public after Ihle sought a restraining order. Molinaroli informed his family, which led to a divorce.[1] The Board of JCI subsequently cut Molinaroli's bonus by 20& (about $1 million). Ihle and Molinaroli ultimately got married.
Other
Molinaroli is a former board member of Johnson Controls International, The National Center for the Arts and Technology,[9] The Electrification Coalition, Interstate Battery, Battery Council International, Milwaukee School of Engineering, Greater Milwaukee Committee and Greater Milwaukee and Waukesha County United Way (serving as Co-Campaign Chair in 2015-2016).
Currently Molinaroli is engaged in early stage investments and serves as an executive advisor for various startup and technology companies.[citation needed]
Alex is married to Kristin Molinaroli and has three adult children. He currently resides in Marathon, FL.[9][10][4]
References
- ^ "Members - Alex A. Molinaroli". Archived from the original on 25 July 2013. Retrieved 2 October 2013.
- ^ "MSOE's Leadership". MSOE. Retrieved 2 October 2013.
- ^ "Alex A. Molinaroli". Archived from the original on 2013-03-05. Retrieved 2013-02-23.
- ^ a b "Alex Molinaroli - Forbes". People.forbes.com. 2012-04-18. Archived from the original on 2012-04-14. Retrieved 2012-10-14.
- ^ "Startups, Entrepreneurs and Innovation - Upstart Business Journal". Portfolio.com. Retrieved 2012-10-14.
- ^ [1][dead link]
- ^ "Alex Molinaroli named Vice Chairman, Johnson Controls and Brian Kesseler appointed President, Power Solutions, Johnson Controls". Archived from the original on 3 November 2013. Retrieved 23 February 2013.
- ^ "Johnson Controls names Alex Molinaroli next CEO | Crain's Detroit Business". crainsdetroit.com. 2013. Retrieved October 7, 2013.
- ^ a b [2] Archived October 17, 2008, at the Wayback Machine
- ^ "Johnson Controls Appoints Alex Molinaroli President, Power Solutions - re> MILWAUKEE, Jan. 8 /PRNewswire-FirstCall/". Prnewswire.com. 2012-09-24. Retrieved 2012-10-14.
External links
1. https://www.usatoday.com/story/money/cars/2014/10/08/johnson-controls-molinaroli-affair/16920619/ 2. https://www.cnbc.com/2014/12/11/trols-ceo-sees-bonus-cut-because-of-extramarital-affair.html 3. https://www.reuters.com/article/us-autos-jci-results/johnson-controls-seeks-to-curtail-auto-interiors-unit-idUKBRE99S1C020131029
- Biography at Johnson Controls