Tag: United Technologies Corp.
RealNetworks announces executive leadership changes
July 14, 2022SSN Staff
SEATTLE—RealNetworks, Inc. (Real), a provider of AI-powered digital media software and solutions, announced two significant changes to its leadership team.
Real has appointed Paul DiPeso to the newly created position of President, SAFR, a computer vision platform for live video that is part of Real’s portfolio. DiPeso will report to CEO Rob Glaser.
DiPeso has over 25 years of top management experience in physical security with leading industry corporations. He was most recently...
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 sued over employee education incentive plan
April 3, 2013Tess Nacelewicz
HARTFORD, Conn.—United Technologies Corp., based here, is facing a federal class-action lawsuit that claims the company reneged on stock awards it promised some employees for furthering their education. The employees completed their training, but UTC says they're not eligible for the shares because it subsequently laid them off, according to the lawsuit.The lead plaintiff is a New Jersey engineer, Richard Grisafi, who since 2007 had worked for UTC's Fire & Security division, which in 2011 became...
Are water mist and sprinkler systems equivalent?
January 18, 2013Tess Nacelewicz
YARMOUTH, Maine—Water-mist fire suppression systems aren't just for ships—they are increasingly used in land-based applications, such as historic buildings and hospitals. But are they the equivalent of fire sprinkler systems? That's the question being hotly debated as proposed changes to the National Fire Protection Association's standard on water-mist systems come under review.
A first draft of the changes to NFPA 750 essentially says “a water mist system is now...
Reorg at UTC Fire & Security
September 29, 2011Martha Entwistle
HARTFORD, Conn.—UTC Fire & Security is no longer a standalone business at United Technologies Corp., the company announced yesterday.Effective yesterday, UTC combined UTC Fire & Security and Carrier Corp. to form a new business called “UTC Climate, Controls and Security Systems.” The company also announced that Geraud Darnis was appointed president and CEO of the new business.“We're consolidating Carrier and UTC Fire & Security into one integrated business that combines the...