United Technologies Announces Organization and Leadership Changes To Commercial Businesses

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United Technologies (UTX) Will Operate Otis Elevator and CCS as Stand-Alone Businesses

September 10, 2015 8:04 AM EDT

United Technologies (NYSE: UTX) announced a new organizational structure to better serve customers by operating Otis Elevator and UTC Climate, Controls & Security as stand-alone businesses. Philippe Delpech will become President of Otis, and Robert J. McDonough will become President of CCS, which includes such brands as Carrier, Transicold, Kidde, Chubb and Edwards.

These appointments are effective immediately and both executives report directly to UTC President and Chief Executive Officer Gregory Hayes.

"As the world's largest supplier of commercial building systems, UTC has tremendous... More