Neil Mitchill, vice president and chief financial officer of United Technologies Corp.âs (NYSE: UTX) Pratt & Whitney subsidiary, has been appointed to serve as UTC CFO on an acting basis, the Wall Street Journal reported Tuesday.
He will succeed the outgoing Akhil Johri, who is due to step down byÂ Nov. 1, and oversee the conglomerate’s financial operations until the closing of its planned merger withÂ Raytheon (NYSE: RTN). Both firms expect to close the transaction in the first half of 2020.
AnalystsÂ said thatÂ Mitchill’sÂ roleÂ as interim finance chief of UTCÂ could giveÂ him the opportunity to takeÂ a full-time, postmerger executive role, according to WSJ. The report added heÂ could play a role in the Carrier Global and Otis Elevator spinoff initiatives.
Mitchill previously served as VP for global financial services, corporate VP and controller at the Framington, Conn.-based company. He was also a partner at PwC earlier in his career.