Alex Molinaroli, who will take over as the President and Chief Executive of Johnson Controls (JCI) on 1 October 2013, aims to reduce the company's exposure to low-margin automotive components. At present, the company's automotive components business accounts for two-thirds of its annual sales revenue. Reducing JCI's exposure to low-margin automotive Subscribe to Automotive World … Continued
Alex Molinaroli, who will take over as the President and Chief Executive of Johnson Controls (JCI) on 1 October 2013, aims to reduce the company's exposure to low-margin automotive components. At present, the company's automotive components business accounts for two-thirds of its annual sales revenue.
Reducing JCI's exposure to low-margin automotive
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https://www.automotiveworld.com/articles/johnson-controls-next-ceo-will-look-to-cut-dependence-on-car-parts/
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