Alex Molinaroli


CEO revelations increase burden on JCI's board

12:01 am U.S. ET | Nov. 9, 2015

The Johnson Controls board must be diligent and engaged as the company executes an audacious strategy to exit its primary industry to focus on another....
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JCI CEO's personal battles contrast with ethics-champion role

8:11 am U.S. ET | Nov. 3, 2015

Since he ascended to the top job at Johnson Controls two years ago, CEO Alex Molinaroli has championed a strong ethics policy for the supplier's 130,000 employees around the world. Now Molinaroli is facing questions about his own judgment, at least in his private life....
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JCI boss says he's a victim; records show no injury

12:01 am U.S. ET | Nov. 1, 2015

Johnson Controls CEO Alex Molinaroli has drawn scrutiny after paying legal bills and providing substantial financial support to a man who was convicted of running a $50 million Ponzi scheme. Molinaroli says he was a victim; federal court records don't portray the auto parts chief as an injured party....
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Johnson Controls’ board voices 'full support' for CEO Molinaroli

1:26 pm U.S. ET | Oct. 26, 2015

The board of Johnson Controls has expressed support for CEO Alex Molinaroli following news reports and legal proceedings that detailed extensive financial ties between Molinaroli and a convicted Ponzi schemer....
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JCI defends its CEO over link to scam artist

2:47 pm U.S. ET | Oct. 23, 2015

Johnson Controls defended CEO Alex Molinaroli following reports of his ties to a convicted swindler, saying the executive was a victim of the scam, not an accomplice. In an Oct. 22 report, a Milwaukee newspaper detailed the relationship between Molinaroli and Joseph Zada, who was convicted on Sept. 3 in a Florida federal court on 15 counts of mail fraud in connection with an alleged Ponzi scheme....
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JCI plans spin-off of auto seating, interiors units

9:30 am U.S. ET | July 24, 2015

Johnson Controls plans to spin off its automotive seating and interiors businesses, which will operate as an independent, publicly traded company. Bruce McDonald, currently JCI's vice chairman and executive vice president, will become chairman and CEO of the new company....
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BLOG: Interiors sector will get smaller, but not too small

12:01 am U.S. ET | July 9, 2015

Grupo Antolin's planned purchase of most of Magna's interiors operations and JCI's possible sale of its seating business are just the beginning of the upheaval in the automotive interiors world. The sector, however, will remain competitive, an expert with vast M&A experience said....
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JCI quarterly net income grows 12% on higher volume

3:07 pm U.S. ET | Jan. 22, 2015

Supplier Johnson Controls said today its quarterly net income grew 12 percent, reaching $507 million, compared with $451 million during the same quarter last year. JCI is typically one of the first suppliers to release quarterly earning results, serving as a bellwether for supplier financial trends....
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JCI's Molinaroli says employees 'rallied around' him after scandal

2:01 pm U.S. ET | Dec. 4, 2014

Johnson Controls CEO Alex Molinaroli, in his first public comment regarding his extramarital affair involving a former consultant to the company, said his employees and the community have “rallied around” him since news of the scandal broke two months ago....
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