UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 23, 2013
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UNITED TECHNOLOGIES CORPORATION
(Exact name of registrant as specified in its charter)
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Delaware | 1-812 | 06-0570975 |
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
One Financial Plaza
Hartford, Connecticut 06103
(Address of principal executive offices, including zip code)
Registrant’s telephone number, including area code
(860) 728-7000
N/A
(Former name or former address, if changed since last report)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
[ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
[ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
[ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Section 8-Other Events
Item 8.01. | Other Events. |
On September 23, 2013, United Technologies Corporation (“UTC”) announced the formation of a new organization to be known as UTC Building & Industrial Systems which will be comprised of UTC Climate, Controls & Security and Otis Elevator Company. Geraud Darnis, previously President & CEO of UTC Climate, Controls & Security, has been named President & CEO of the new organization. UTC Climate, Controls & Security and Otis Elevator Company will continue to report as separate financial reporting segments.
A copy of the UTC press release issued September 23, 2013 announcing these changes is attached as Exhibit 99.1 to this Form 8-K. Except for the last sentence of the seventh paragraph, the press release is incorporated herein by reference.
Section 9 - Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
The following Exhibits are included herewith:
Exhibit Number | Exhibit Description |
99.1 | Press release, dated September 23, 2013, issued by United Technologies Corporation. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
UNITED TECHNOLOGIES CORPORATION | ||
(Registrant) | ||
Date: September 26, 2013 | By: | /S/ TAMMI T. FLOWERS |
Tammi T. Flowers | ||
Assistant General Counsel and Assistant Secretary | ||
EXHIBIT INDEX
Exhibit Number | Exhibit Description |
99.1 | Press release, dated September 23, 2013, issued by United Technologies Corporation. |
EXHIBIT 99.1
GERAUD DARNIS TO LEAD NEW UTC BUILDING & INDUSTRIAL SYSTEMS ORGANIZATION
HARTFORD, Conn., Sept. 23, 2013 -- United Technologies Corp. (NYSE: UTX) today announced the formation of UTC Building & Industrial Systems, combining Otis Elevator Company and UTC Climate, Controls & Security, and named Geraud Darnis as President & CEO of this new organization.
UTC Building & Industrial Systems will be the world's largest high-technology building systems provider with more than 120,000 employees, $29 billion in annual sales and a direct presence in more than 60 countries. The organization's products include Otis elevators and escalators; Carrier heating, air-conditioning and refrigeration systems; and fire and security solutions from brands such as Kidde and Chubb.
"The formation of UTC Building & Industrial Systems positions UTC for long-term growth in the commercial building market and will allow us to fully unlock the opportunities and synergies associated with the combined talent, portfolio, resources and capabilities of Otis and UTC Climate, Controls & Security," said Louis Chênevert, United Technologies' Chairman & CEO.
"This new structure will enhance our ability to deliver more integrated solutions to our customers and accelerate the next steps of innovation in smart building technologies and sustainable designs," Chênevert continued. "It also better positions UTC to capture growth opportunities as the powerful urbanization megatrend in emerging markets continues, the global economy recovers, and demand grows for more integrated building systems to make tomorrow's buildings more efficient, comfortable and secure.
"I am confident Geraud's appointment and the launch of this new growth platform will provide UTC with a powerful competitive advantage and position the company to accelerate growth and continue to outperform peers in the decades ahead," he added.
Darnis, 53, began his career with United Technologies in 1983 at Otis Elevator Company in France and in 1985 moved to Carrier Corp., where he held a number of financial and general management positions in Latin America, Europe and Asia, up to and including the position of Carrier President. In September 2011, he was named President & CEO of UTC Climate, Controls & Security, which was created from the combination of Carrier and the former UTC Fire & Security unit.
United Technologies, based in Hartford, Conn., is a diversified company that provides high technology products and services to the building and aerospace industries. For more information, visit our website at www.utc.com or follow us on Twitter: @UTC.