United Technologies Announces Geraud Darnis To Retire

Jul 27, 2015, 07:30 ET from United Technologies Corp.

HARTFORD, Conn., July 27, 2015 /PRNewswire/ -- United Technologies Corp. (NYSE: UTX) today announced that Geraud Darnis, President and CEO of UTC Building & Industrial Systems, has informed the company of his decision to retire in January 2016.

"Throughout his 32-year tenure with UTC, Geraud has made countless contributions to our company's success, playing a key role in securing our position as the world's leading provider of high-technology building systems and services," said UTC President and Chief Executive Officer Gregory Hayes. "Geraud has built an exceptionally strong leadership team across the commercial businesses and his leadership has resulted in a portfolio that is more focused and better positioned for future growth.

"Over the next few months, Geraud and I will work closely to ensure a smooth and successful transition of the leadership responsibilities for UTC Building & Industrial Systems," Hayes added. "I know I speak on behalf of the entire UTC leadership team in thanking Geraud for his extraordinary service to our company and in wishing him the very best in his future endeavors."

Darnis was named to his current position in September 2013. Earlier in his career, he had served as President of UTC's Climate, Controls & Security business and before that as President of Carrier Corp. He began his career with United Technologies in 1983 at Otis Elevator Company.

United Technologies Corp., based in Hartford, Connecticut, provides high technology systems and services to the building and aerospace industries. To learn more about UTC, visit the website or follow the company on Twitter: @UTC

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John Moran 

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SOURCE United Technologies Corp.