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United Technologies Corporation (UTC) was an American multinational conglomerate headquartered in Farmington, Connecticut. [1] It researched, developed, and manufactured products in numerous areas, including aircraft engines , aerospace systems, HVAC , elevators and escalators , fire and security , building automation, and industrial products ...
George Alfred Lawrence David (born April 7, 1942 [1]) is the former chairman and chief executive officer [2] of United Technologies Corporation. David was elected UTC’s president in 1992 and chief executive officer in 1994. He joined UTC’s Otis Elevator subsidiary in 1975 and became its president in 1986.
While CEO of United Technologies Corporation in 2008, Chênevert earned a total compensation of $22,032,175, which included a base salary of $1,318,974, a cash bonus of $4,294,844, stock granted of $4,376,921, options granted of $11,774,710, and other compensation of $266,726.
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Gregory J. Hayes [3] (born 1960/61) is an American businessman. He was the chairman and CEO of United Technologies from September 2016 until April 2020, when United Technologies merged with Raytheon, at which point he became the CEO of the merged company, RTX Corporation.
Raytheon's (RTN) shares rise after shareholders approve for its merger with United Technologies. The merger is expected generate a conglomerate worth $121 million.