United Technologies Announces Leadership Change at Otis

FARMINGTON, Conn., July 27, 2017 /PRNewswire/ -- United Technologies Corp. (NYSE: UTX) announced today that Philippe Delpech, President of Otis Elevator, has elected to leave the company to accept another opportunity in Europe.

Nora LaFreniere, Otis Vice President, General Counsel, and Mark George, Otis Vice President, Finance & CFO, will lead Otis Elevator in the interim until a successor is named. Mark and Nora, with more than 44 years of combined UTC service, will work together in the Office of the President, to ensure that Otis remains on track with its digital and operational transformation strategy. 

"Otis benefits from a strong strategy and a leadership team that is focused on executing our key priorities and digital initiatives," said UTC Chairman and CEO Greg Hayes. "I am confident Otis is on the right path to deliver on its commitments. We are thankful to Philippe for his many years of service to United Technologies and wish him well."

United Technologies Corp., based in Farmington, Connecticut, provides high technology systems and services to the building and aerospace industries. By combining a passion for science with precision engineering, the company is creating smart, sustainable solutions the world needs. To learn more about UTC, visit the website or follow the company on Twitter: @UTC.

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UTC-IR

SOURCE United Technologies Corp.

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