Oct. 28, 2011 -- United Technologies Corporation (NYSE: UTX) has undergone numerous changes over the years and most recently this fall, with more to come heading into fourth quarter 2011.
At the end of September, UTC announced a new organizational structure and leadership. Geraud Darnis was appointed President and Chief Executive Officer of UTC Climate, Controls and Security Systems, comprised of the combined Carrier Corp. and UTC Fire & Security units. For the balance of 2011, Carrier and UTC Fire & Security will continue to report financial and operational results separately.
According to a source at UTC Fire & Security, the merging of these two big companies into UTC resulted in needed restructuring aimed at achieving better economies of scale in manufacturing of similar products types, with more staff changes planned within the next several weeks.
As a result of new changes, there continue to be shake-ups in the upper echelon ranks. Kelly Romano, who was named UTC Fire & Security President, Global Security Products in May 2011 (and formerly of Carrier Corp.), was rumored to be out of that position, according to integrator sources at the recent PSA Convention 2011 in Puerto Rico. She took over that role for Mark Barry when he was named president of Global Fire Products.
More changes, shifts
Most recently Barry, a seasoned security and fire business veteran who was formerly with GE and Tyco, was named to head the security, fire and building management manufacturing units as President of Automation and Controls Solutions, based in Bradenton, Fla. It is expected that Barry will announce additional high-level appointments under his leadership over the next several weeks.
Other personnel changes effective October 21 included:
- The appointment of Laird Hamberlin to lead the Building Automation & Access Control Business unit,
- Bob Haskins selected to head up Sensing & Controls, which includes the Interlogix business, and
- Luis Orbegoso, who will lead the Detection & Alarm Business Unit, which includes Edwards and other businesses.
An in-company source said the reorganization was not intended to affect the company’s channel strategies and the purpose behind the restructuring was “to take advantage of development and manufacturing synergies and produce a more highly integrated suite of products.”