Summary
This 8-K filing from United Technologies Corporation (UTC) on September 15, 2008, primarily announces a significant change in its senior financial leadership. Effective September 10, 2008, Gregory J. Hayes has been appointed as the new Senior Vice President and Chief Financial Officer (CFO). This appointment follows Mr. Hayes' extensive experience within UTC, including roles in financial planning, analysis, accounting, controls, and investor relations. Concurrently, James E. Geisler, who previously shared principal financial officer duties, has been appointed Vice President, Corporate Strategy & Planning. Investors should view this as a transition in financial oversight, with Mr. Hayes, a long-tenured executive with a comprehensive financial background at UTC, now leading the company's financial strategy. The filing also includes the press release detailing this leadership change as an exhibit.
Key Highlights
- 1Gregory J. Hayes appointed Senior Vice President and Chief Financial Officer (CFO) effective September 10, 2008.
- 2James E. Geisler appointed Vice President, Corporate Strategy & Planning.
- 3Mr. Hayes has a deep background within UTC, joining in 1999 and holding various senior financial roles.
- 4The filing includes a press release dated September 10, 2008, detailing the leadership changes.
- 5This is a report of a change in a principal officer (CFO).