Meet John H. Stone, the CEO of Allegion, who brings a strong background in engineering and business to the table. He holds an MBA from Harvard Business School and a Bachelor’s degree in Mechanical Engineering from West Point. These prestigious...
Meet John H. Stone, the CEO of Allegion, who brings a strong background in engineering and business to the table. He holds an MBA from Harvard Business School and a Bachelor’s degree in Mechanical Engineering from West Point. These prestigious institutions have equipped him with the skills to lead a company focused on security solutions. He became the CEO of Allegion on July 11, 2022, succeeding David D. Petratis. Under his leadership, the company has focused on achieving performance targets while ensuring shareholders' interests are aligned. John doesn't just sit behind a desk; he actively engages with the company's operational challenges, drawing from his previous role at Deere & Company, where he led major segments like Worldwide Construction, Forestry, and Power Systems. In tough times, he led teams that pushed through to exceptional financial results. Compensating him well for his efforts, in 2023, his total compensation reached approximately $9 million, a figure that reflects both his commitment and the company's performance. Also, he has been making strategic moves in the stock market, with significant trading history, signaling his confidence in Allegion. John's journey is marked by a knack for blending strategic foresight with operational execution, a combination that is paving the way for Allegion’s future success.