Allegion announces ceo succession

Dublin--(business wire)--allegion plc (nyse: alle), 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, ca
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