Louis Chênevert was elected president and chief operating officer and a director of United Technologies Corp. (UTC), effective immediately. UTC Chairman and CEO George David said Chênevert will join him in the newly formed Office of the Chief Executive. Executives currently reporting to David will now report to the new office.
Global HVAC OEM Carrier Corporation is one of the business units of UTC (both of Hartford, Connecticut, U.S.). Others include UTC Fire & Security protection services, United Technologies Research Center, Otis elevators, and other industrial and aerospace businesses.
"UTC is a large and complex organization and we anticipate some time will be necessary to develop all the skills and relationships required by a successor CEO," David said. "I expect to remain UTC's CEO for approximately 2 years, enabling Louis to broaden his corporate experience during that time."
Back to Breaking News