Last updated on December 23rd, 2022 at 02:40 pm
Ramaswamy was vice president and president of global services at Johnson Controls, which is operated from Glendale but has its headquarters in Ireland for tax purposes. He provided the company with notice of his departure on Dec. 16.
Ramaswamy joined JCI in December 2019. He was previously an executive at Danaher Corp. from 2015 to 2019. He held executive roles at Pentax Medical from 2011 to 2015. He is currently on the board of PACCAR.
Services accounted for $6 billion in revenue for Johnson Controls in fiscal 2022, around 24% of the company’s total.
Ramaswamy had a base salary of $725,000 and total compensation of $4.1 million in 2021, the most recent available data from JCI securities filings.