FARMINGTON, Conn., Sept. 14, 2016 /PRNewswire/ -- The Board of
Directors of United Technologies Corp. (NYSE: UTX) today elected
Gregory J. Hayes as its chairman,
effective immediately. Hayes, 55, will serve as chairman, chief
executive officer and president. He succeeds Edward A. Kangas, who has served as
non-executive chairman since November
2014. The non-management directors also designated Kangas to
serve as the independent lead director, a role he previously served
in from April 2013 until his election
as non-executive chairman in 2014.
Hayes has been a member of the board, and president and CEO of
United Technologies since November
2014. He is a 27-year veteran of the company who served as
senior vice president and chief financial officer for six years
before being elected president and CEO.
"Greg Hayes has demonstrated
strong performance in leading the company. He has streamlined our
business portfolio, optimized our organization and positioned the
company for sustained long-term growth," Kangas said.
"Ed Kangas has been an
outstanding non-executive chairman for our board, providing strong
leadership through an important period for our company," Hayes
said. "I am honored to be elected chairman and look forward to
continue working with Ed as our independent lead director."
Kangas is the former chairman and CEO of Deloitte Touche
Tohmatsu. He has been a member of the United Technologies board
since 2008 and serves as chairman of the board's audit
committee.
United Technologies Corp., based in Farmington, Connecticut, provides
high-technology systems and services to the building and aerospace
industries. For more information about the company, visit our
website at www.utc.com or follow us on Twitter: @UTC.
Contact:
|
Alberto
Canal
|
|
(860)
728-6392
|
|
alberto.canal@utc.com
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SOURCE United Technologies Corp.