United Technologies (UTC) announced the appointments of David L Gitlin as President and Chief Executive Officer of Carrier and Judith F Marks as President and Chief Executive Officer of Otis effective immediately.
“I’m pleased to announce these most important assignments as we make strong progress toward our goal of establishing both Carrier and Otis as stand-alone public companies and clear leaders in their respective industries,” said Greg Hayes, UTC Chairman & CEO. “I have great confidence in Judy and Dave to drive strategic growth, lead their industries in innovation and customer focus, and maximise value creation for their respective shareowners, customers and employees.”
“I’m deeply honoured to join the tremendous team at Carrier. We are the industry’s premier intelligent building systems company. As we prepare to become an independent public company, we will be working tirelessly to ensure that we provide best-in-class performance for our customers, employees and shareholders,” said Dave Gitlin.
“I’m privileged to lead our 68,000 Otis colleagues into the future. We’re the world’s leading elevator and escalator company, moving more than two billion people a day. The largest portfolio of service contracts, our global presence, and our ability to execute at scale enable Otis to deliver superior returns to share owners through economic cycles. We continue to differentiate our business through a relentless focus on our customers, unparalleled experience and expertise, a committed workforce, continuous innovation and application of digital technologies across our enterprise,” said Judy Marks.