Johnson Controls International plc 8-K, filed Jun 30, 2022
Johnson Controls International plc (JCI)
8-K
2022-06-30
For: 2022-06-28
View Original
Added on
April 03, 2026
About this 8-K
Johnson Controls International plc filed this 8-K on June 30, 2022, reporting on events of June 28, 2022.
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 28, 2022, Johnson Controls International plc (the “Company”) appointed Daniel C. “Skip” McConeghy, 55 to the position of Vice President, Chief Accounting and Tax Officer. In this role, Mr. McConeghy will serve as the Company’s Principal Accounting Officer. Previously, Olivier Leonetti, the Company’s Executive Vice President and Chief Financial Officer, served as the Company’s Principal Accounting Officer on an interim basis.
Mr. McConeghy has served as the Company’s Vice President, Global Tax since October 2020 and as interim Controller since February 2022. Mr. McConeghy previously served as the Company’s Vice President, Corporate Tax Planning, from July 2012 through October 2020. Prior to joining the Company, Mr. McConeghy was a Tax Partner at PricewaterhouseCoopers, from July 1999 through June 2012.
In connection with Mr. McConeghy’s appointment, he will (1) receive a base salary of $450,000, (2) participate in the Company’s Annual Incentive Performance Program for fiscal year 2022, with a prorated maximum bonus capped at 120% of his base salary and (3) receive long-term equity incentive awards consistent with the awards granted to the Company’s executives, consisting of a mix of performance share units, share options and restricted share units. Mr. McConeghy will be eligible to participate in all employee benefit plans generally available to senior executives of the Company, which are more fully described in the Company’s definitive proxy statement (“Proxy Statement”) on Schedule 14A filed with the Securities and Exchange Commission on January 21, 2022. Mr. McConeghy will also be subject to the Company’s Severance and Change in Control Policy, which is described in the Company’s Proxy Statement.
There are no transactions since the beginning of the Company’s last fiscal year in which the Company is a participant and in which Mr. McConeghy or any members of his immediate family have any interest that are required to be reported under Item 404(a) of Regulation S-K. No family relationships exist between Mr. McConeghy and any of the Company’s directors or executive officers. The appointment of Mr. McConeghy was not pursuant to any arrangement or understanding between him and any person, other than a director or executive officer of the Company acting in his or her official capacity.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| JOHNSON CONTROLS INTERNATIONAL PLC | ||||||||||||||
| Date: June 30, 2022 | By: | /s/ Richard J. Dancy | ||||||||||||
| Name: | Richard J. Dancy | |||||||||||||
| Title: | Vice President and Corporate Secretary | |||||||||||||