Johnson Controls Announces Name of New Automotive Company
Johnson Controls, Inc., revealed this week that Adient will be the name of its automotive seating and interiors business after the entity is spun off into a new publicly traded company in October 2016.
Johnson Controls Automotive Experience is a global leader in automotive seating components and systems with more than 200 locations worldwide. Following the separation, Bruce McDonald will serve as the chairman and CEO of the new company. Beda Bolzenius will serve as president and COO.
"Adient is a positive, powerful name that underscores our unique point of differentiation, namely, our ability to bring the right pieces together the right way, at precisely the right time, to deliver the best value for our customers," said Bruce McDonald, current Johnson Controls vice chairman and future Chairman and Chief Executive Officer of Adient.
"The announcement of our new name is the first step on our journey to launch our new brand and to defining our future as a successful, independent company," McDonald said. "It is our mission to set the standard as a world-class automotive seating supplier through leadership in cost, quality, launch execution and customer satisfaction. We will leverage our capabilities to drive growth, both within and beyond the automotive industry."
Johnson Controls GmbH Europa-Zentrale
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