Rockwell Automation Elects Alice L. Jolla to Board of Directors

Rhea-AI Summary

Rockwell Automation (NYSE: ROK) has appointed Alice L. Jolla to its board of directors, effective February 8, 2023. Jolla, who serves as Chief Accounting Officer and Corporate Vice President at Microsoft, brings over 30 years of experience in accounting and finance. Her expertise includes risk management, strategic planning, and financial analysis, enhancing Rockwell's governance and helping to foster a diverse corporate culture. CEO Blake Moret praised her proven track record with Microsoft’s Audit Committee and her strong leadership qualities, which align with Rockwell's values and future direction.

Positive

• Alice L. Jolla brings over 30 years of finance and accounting experience, enhancing the board's expertise.
• Her previous role at Microsoft includes significant financial oversight, likely benefiting Rockwell's governance.
• Emphasis on Diversity, Equity, and Inclusion aligns with modern corporate governance trends.

Negative

• None.

MILWAUKEE--(BUSINESS WIRE)-- Rockwell Automation, Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and digital transformation, today announced that Alice L. Jolla was elected to its board of directors effective Feb. 8, 2023. Jolla is the Chief Accounting Officer and Corporate Vice President for Microsoft Corp.

Rockwell Automation Elects Alice L. Jolla to Board of Directors (Photo: Business Wire)

“Alice’s proven track record serving as the management liaison to the Microsoft Audit Committee makes her an excellent addition to Rockwell’s Board of Directors,” said Blake Moret, Chairman and Chief Executive Officer of Rockwell. “Her financial experience with SaaS business models, her leadership, and her commitment to Diversity, Equity, and Inclusion will further strengthen our governance capacity and the evolution of our culture.”

Jolla has more than 30 years of business and finance experience, with particular focus on accounting, compliance, strategic planning, financial analysis, and overall risk management. She joined Microsoft, a $198 billion technology company, in 2007 and now leads a global team responsible for accounting and financial reporting, business intelligence, and various risk management assessments. Jolla started her career in commodity chemicals at Dow Inc. and Union Carbide Corp., and she completed a fellowship with the Financial Accounting Standards Board.

Jolla holds a bachelor’s degree in accounting from Louisiana State University and an MBA from the University of Charleston.

About Rockwell Automation

Rockwell Automation, Inc. (NYSE: ROK), is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 26,000 problem solvers dedicated to our customers in more than 100 countries. To learn more about how we are bringing the Connected Enterprise to life across industrial enterprises, visit www.rockwellautomation.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230209005156/en/

Media contact:

Ed Moreland

Head of Government Affairs and External Communications

+1 571-296-0391

Edward.Moreland@RockwellAutomation.com

Investor Relations contact:

Aijana Zellner

Head of Investor Relations and Market Strategy

+1 414-382-8510

AZellner@RockwellAutomation.com

Source: Rockwell Automation, Inc.

FAQ

Who is Alice L. Jolla and what role was she appointed to at Rockwell Automation?

Alice L. Jolla was appointed to the board of directors at Rockwell Automation effective February 8, 2023.

What experience does Alice L. Jolla bring to Rockwell Automation?

Jolla has over 30 years of experience in accounting and finance, including significant roles at Microsoft.

How could Jolla's appointment impact Rockwell Automation's stock (ROK)?

Her extensive financial expertise and governance experience may strengthen investor confidence and improve company oversight.

What is the significance of Jolla's focus on Diversity, Equity, and Inclusion at Rockwell Automation?

Jolla's commitment to these values aligns with growing investor expectations for responsible corporate governance.