Tag: Louis Chenevert
Another reorg at UTC
October 22, 2013SSN Staff
HARTFORD, Conn.—UTC has reorganized again, creating UTC Building & Industrial Systems by combining Otis Elevator Company and UTC Climate, Controls & Security, the company announced recently.Geraud Darnis, most recently president and CEO of UTC Climate, Controls & Security, will serve as president and CEO of the new organization, according to the news release. UTC Climate, Controls & Security was created in a 2011 reorganization. UTC later sold its fire and security branches. “This new...
Most UTC execs see pay hikes, but not Chenevert
April 3, 2013SSN Staff
HARTFORD, Conn.—For four of the five highest-paid executives at United Technologies Corp., salaries and bonuses spiked upward as the company completed its $18 billion acquisition of the Goodrich Corp., according to an article from the Journal Inquirer, a newspaper based in Manchester, Conn.
But Chairman and CEO Louis Chenevert's total compensation package slipped by .18 percent, and his direct compensation, not including stock options and other benefits, fell by 19 percent, from $21 million...
UTC Fire & Security: new brand, new president
April 14, 2011Tess Nacelewicz
FARMINGTON, Conn.—UTC Fire & Security recently aligned its United States fire and security services businesses under the Chubb brand. The company's fire and security services businesses abroad have already consolidated under the Chubb name, and the branding in this country will provide “a new, more seamless interface to customers,” UTC Fire & Security said.
In other news, UTC Fire & Security also recently announced it has a new president: Scott Buckhout, previously a senior manager...