Tag: John H. Stone
Allegion provides report on Q3 2022 financial results
October 27, 2022Ken Showers, Managing Editor
DUBLIN – Allegion plc released its third quarter fiscal 2022 financial results on Oct. 27, as well as a revised outlook for the remainder of 2022.
The company saw a net earnings per share (EPS) of $1.30 compared to $1.59 in 2021, with an adjusted EPS of $1.64, up roughly 5 percent from $1.56 in 2021. Allegion posted Q3 2022 revenues of $913.7 million, up 27.4 percent reported and 18.6 percent organically.
“Allegion delivered a very strong...
Allegion announces CEO succession
May 31, 2022SSN Staff
DUBLIN—Allegion plc, a leading global provider of security products and solutions, today announced that John H. Stone will succeed David D. Petratis as president and CEO, effective July 11, 2022.
Stone will also become a member of the company’s Board of Directors at that time, and Petratis will serve as executive chairman until his retirement, which is expected by Jan. 2, 2023.
Petratis has led Allegion since its spin-off from the former Ingersoll Rand in 2013, capping off a distinguished...