USA: United Technologies Corp has separated the Otis Elevator and Climate, Controls & Security (CCS) businesses it combined just two years ago.
UTC says the new organisational structure will better serve customers by operating Otis Elevator and UTC Climate, Controls & Security as stand-alone businesses.
The move follows the announcement of the retirement of Geraud Darnis president and CEO of UTC Building & Industrial Systems at the end of July. Philippe Delpech will become president of Otis, and Robert J McDonough will become president of CCS, which includes its Carrier air conditioning business, Transicold, Kidde, Chubb and Edwards.
“As the world’s largest supplier of commercial building systems, UTC has tremendous growth opportunities driven by global urbanisation and an expanding middle class,” commented UTC president and CEO Gregory Hayes. “By creating clear lines of authority and accountability, this new organisational structure better positions Otis and CCS to capitalise on these opportunities with our innovative, energy-efficient products.
“As we refocus on the growth platforms of our business, this further evolution of our commercial organisation will sharpen our focus on the distinct needs of Otis, CCS and our iconic brands, while retaining the revenue and cost synergies achieved through UTC Building & Industrial Systems,” he added.
Delpech, who has been serving as chief operating officer, intercontinental operations, for BIS, joined UTC in November 2000 as a vice president in Carrier’s European business and has worked in multiple positions of increasing responsibility. McDonough, who has been serving as chief operating officer, Americas, for BIS, joined UTC in 2007 after 15 years with Lennox International, where he was president and chief operating officer of worldwide heating and cooling as well as executive vice president of Lennox International.
UTC says that BIS president and CEO Geraud Darnis will continue with the company until January 2016 to ensure a smooth transition of responsibilities.
UTC combines Carrier and Otis businesses – September 24, 2013
USA: United Technologies has combined its Climate, Controls & Security division, which includes its Carrier heating and air conditioning company, with its Otis elevator business. Read more…