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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…

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