Alex Molinaroli, the General Partner at SnowCloud Capital and the former CEO of Johnson Controlsjoins Enterprise Radio.
Listento hostEric Dye& guest Alex Molinaroli discuss the following:
- What is SnowCloud Capital and can you please describe your role at the firm?
- As the former CEO of Johnson Controls, how would you describe your leadership style?
- As an experienced leader, how do you effectively manage a team?
- When faced with a difficult business problem, how do you come up with a solution?
- What advice would you give to someone who is looking to start their own company in this day and age?
Summary: Authenticity will take a leader a very long way. Because from an early age it has been impressed upon us what ‘good’ leadership looks like, new leaders often fall into a trap, attempting to adopt these traits as their own. Very rarely does this work. Be yourself; just be predictable, listen to your team members and show some empathy and you can’t go wrong.
Alex Molinaroli is currently a General Partner at SnowCloud Capital. As the former CEO of Johnson Controls, Alex Molinaroli led the company through a significant transformation that continues today. In 2016, Johnson Controls International plc was formed through a merger with Tyco International. The combined company is a global leader in buildings technologies and solutions.
During his tenure, Molinaroli changed Johnson Control’s capital allocation process, institutionalized operating processes and principles and reshaped the company’s portfolio with the goal of transforming it from primarily an automotive supplier to a top-tier industrial company. Multiple initiatives were undertaken, including formalizing the Johnson Controls Operating System, expanding the company’s presence in China and driving numerous portfolio changes.
In 2016, the company’s OEM automotive businesses were divested, beginning with the sale of the company’s Automotive Electronics businesses and ultimately the spinoff of the Automotive Seating and Interiors business, which became Adient.
While divesting the Automotive Businesses, substantial changes were also being made to augment and improve the legacy Building Efficiency Business. These undertakings streamlined the business operations and improved margins, including the sale of the Global Workplace Services Business, the acquiring of ADTi and a global joint venture with Hitachi Appliances. The portfolio and operational changes dramatically improved the building’s business fundamentals and ultimately led to the merger with Tyco International in September 2016.
Molinaroli joined Johnson Controls in 1983, rising through increasing levels of responsibility. In 2003, he became vice president and general manager of the North American Building Efficiency Business. In 2007, he was appointed president of Power Solutions.
As president of Power Solutions, he oversaw a renaissance within the company’s battery business. During this timeframe the profitability and topline growth dramatically improved – driven by investments in China, the development of advanced battery technologies and vertical integration into battery recycling and separator technologies.
Molinaroli graduated from the University of South Carolina with a bachelor degree in Engineering and an MBA from Kellogg School of Management at Northwestern. He is a founding member of the Electrification Coalition, a nonprofit advocacy group for electrification of transportation.
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