LONGUEUIL, Quebec, April 9 /PRNewswire-FirstCall/ -- United
Technologies Corp. (NYSE: UTX) Board of Directors today elected Louis R.
Chenevert the corporation's Chief Executive Officer, succeeding George
David, 66, who will continue as Chairman. Chenevert, 50, will retain the
title of UTC President and continue as a director.
"This transition has been a deliberate and successful process during
which Louis has demonstrated his ability successfully to lead this large
and complex organization. We all have the highest confidence in him," said
David.
Chenevert was elected UTC's President and Chief Operating Officer in
March 2006. He joined Pratt & Whitney Canada, a UTC subsidiary, in 1993
after 14 years at General Motors and was elected Pratt & Whitney's
President in 1999.
"I am honored by the trust the Board has placed in me and feel
privileged to have the opportunity to follow George David, a truly
outstanding leader and CEO," Chenevert said. "Under George's leadership,
UTC has delivered extraordinary performance and is well positioned for the
future."
"I have great confidence in UTC's ability to continue to deliver
superior performance. We have an experienced leadership team, a balanced
portfolio of products, and a strong global footprint, the essential
elements of success," Chenevert added.
United Technologies, based in Hartford, Conn., is a diversified company
providing high technology products and services to the global aerospace and
building industries. UTC's products include Pratt & Whitney aircraft
engines, Sikorsky helicopters, Carrier heating and air conditioning,
Hamilton Sundstrand aerospace systems and industrial products, Otis
elevators and escalators, UTC Fire & Security systems and UTC Power fuel
cells.
UTC-IR
Contact: John Moran, UTC
(860) 728-7062
SOURCE United Technologies Corp.
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