Tag Archives: David Gitlin

UTC Board OKs Carrier, Otis Spinoffs; Greg Hayes Quoted

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The board of directors of United Technologies Corp. (NYSE: UTX) approved the spinoffs of its Carrier and Otis subsidiaries into two independent companies and expects to complete the separations on April 3. "Executing the separations of Carrier and Otis is also a major milestone to completing the merger of UTC's aerospace businesses with Raytheon to create Raytheon Technologies,” Greg Hayes, chairman and CEO of UTC, said in a statement published Wedneday.

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UTC Names Judy Marks, David Gitlin as CEOs of Future Independent Firms Otis, Carrier

United Technologies Corp. (NYSE: UTX) has appointed Judith Marks, president of Otis since 2017 and a three-time Wash100 winner, as CEO of UTC’s elevators manufacturing subsidiary. Marks previously served as CEO of Siemens USA and head of the industrial conglomerate’s Dresser-Rand business. She also held senior leadership positions at Lockheed Martin (NYSE: LMT) and IBM (NYSE: IBM).

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David Gitlin Named UTC Subsidiary’s Aircraft Systems President; Alain Bellemare Comments

David Gitlin, a 17-year veteran of United Technologies Corp. (NYSE: UTX), has been promoted to president of the aircraft systems business unit within UTC Aerospace Systems, a subsidiary of UTC. Gitlin previously served senior vice president of aircraft systems since UTC Aerospace Systems first launched in 2012, UTC said Thursday. …

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