HARTFORD, Conn., Sept. 10 /PRNewswire-FirstCall/ -- United Technologies
Corp. (NYSE: UTX) today announced the election of Gregory J. Hayes as the
corporation's Senior Vice President and Chief Financial Officer, effective
immediately.
Hayes, 47, will have global responsibility for UTC's Finance function.
UTC business unit chief financial officers will report functionally to
Hayes. Hayes also will direct communications and interactions with UTC's
Board of Directors, Audit Committee and the broader investor community. He
will continue to report to UTC President and Chief Executive Officer Louis
Chenevert.
"Greg's strong performance, particularly over the last four years in
the office of the CFO, has consistently demonstrated that he is
exceptionally qualified to lead UTC's Finance function," Chenevert said.
"He has become widely known and well regarded by Wall Street and our
shareholder communities. I know he will continue to be a strong leader and
an influential voice in setting UTC and business unit strategy and
direction."
Hayes came to UTC through the 1999 merger with Sundstrand Corp., where
he served as Vice President, Finance, for Sundstrand Aerospace. He then
became Vice President, Financial Planning & Analysis, for Hamilton
Sundstrand. In 2003, he was named UTC Vice President and Controller, and in
2004 was appointed to the office of the CFO as UTC Vice President,
Accounting and Controls. In 2006, his responsibilities were broadened to
include Investor Relations. Hayes earned a bachelor's degree in economics
from Purdue University in 1982 and is a Certified Public Accountant.
"I am delighted to name Greg UTC's SVP and CFO. This is the right next
step for UTC and for Greg. I have worked closely with Greg over the past
several years and he has provided tremendous support to me as I've assumed
the UTC President and CEO role," added Chenevert.
United Technologies Corp., based in Hartford, Connecticut, is a
diversified company that provides a broad range of high technology products
and support services to the building systems and aerospace industries.
Contact: John Moran, UTC
(860) 728-7062
SOURCE United Technologies Corp.
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Related links:
http://www.utc.com
http://www.prnewswire.com/comp/913919.html /
CONTACT:
John Moran of United Technologies Corp.,
+1-860-728-7062
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