World News

Industry news and insights from Europe and around the World

UK News

Latest news and developments in the United Kingdom

Products

Keep up-to-date with the latest new products and technology

Features

General articles, applications and industry analysis

Carrier appoints new CFO prior to spin off

USA: Carrier has appointed Tim McLevish as chief financial officer as it prepares to become a public company after completing its separation from United Technologies Corp (UTC).

McLevish most recently served as senior advisor to the CEO at Walgreens Boots Alliance, advising on strategic partnerships and M&A. He brings nearly 30 years of financial leadership experience to Carrier, including significant spin-off and start-up experience.

As a member of Carrier’s executive leadership team, McLevish will report to Dave Gitlin, Carrier’s recently appointed president and CEO.

“We are tremendously excited to welcome Tim to the Carrier team,” said Gitlin. “He brings world-class financial experience, having served as a public company CFO at Walgreens Boots Alliance, Kraft, Ingersoll-Rand and Mead Corp.”

United Technologies announced the spin off last year, following its purchase of aerospace company Rockwell Collins. It is expected to be completed in the first half of 2020.

Post-separation, Carrier will continue to include Carrier commercial and residential HVAC, Automated Logic controls, Kidde and Edwards fire safety, and LenelS2 security solutions.

Related stories:

UTC to spin off Carrier business27 November 2018
USA: Air conditioning and refrigeration equipment manufacturer Carrier is to become a separate independent company after parent United Technologies (UTC) announced its spin off yesterday. Read more…

Gitlin appointed Carrier president and CEO10 June 2019
USA: United Technologies (UTC) has appointed David L Gitlin as president and CEO of its Carrier air conditioning and refrigeration business in advance of its planned spin off next year. Read more…

Latest News

12th July 2024

Chinese HFC blends evaded anti-dumping duties

USA: The US Department of Commerce has ruled that imports of certain blend refrigerants from Turkey, Malaysia and China have been circumventing anti-dumping duties imposed in 2016.
12th July 2024

High temperature heat pump on R513A

EUROPE: Mitsubishi Electric has launched a new high temperature water-to-water heat pump using lower GWP refrigerant R513A.
11th July 2024

Danfoss opens new factory in Mexico

MEXICO: Danfoss has inaugurated a new 40,000m² compressor, sensor and heat exchanger manufacturing plant at its Monterrey campus.
11th July 2024

Belfield chairs FETA Training and Skills Group

UK: Manufacturers’ group FETA has appointed Wendy Belfield, of BEMS controls company InTandem Systems, as chair of its Training and Skills Group.
10th July 2024

Fridge achieves Peak performance

UK: A fridge sponsored by wholesaler Beijer Ref is aiming to raise £5,000 after completing the 100km Peak District Ultra Challenge strapped to the back of charity fundraiser Daniel Fairbrother.
10th July 2024

OCR scanning to speed HVAC spares identification

USA: Parts Town, the distributor of OEM parts for foodservice, HVAC parts and residential appliance equipment, has added visual search capabilities to its mobile app.