Sanglikar replaces Bharath Rao, who left to pursue other entrepreneurial opportunities after serving successfully as the regional director for McElroy India for more than six years.
According to the terms of the cost-sharing arrangement, DuPont and Corteva together, on one hand, and Chemours, on the other hand, agree to a 50-50 split of certain qualified expenses incurred over a term not to exceed 20 years or $4 billion of qualified spend and escrow contributions in the aggregate.
Along with the new name, the company’s focus is to strengthen its portfolio and services to provide cutting-edge expertise and more advanced application-driven sensor technologies and solutions.
The appointment highlights Johnson Controls' commitment to clean energy transition and development of innovative technologies to reduce greenhouse gas emissions.