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News

What United Technologies' CEO Retirement Means for Mutual Fund Investors (UTX)

Shauna O'Brien Nov 24, 2014



The company announced that Gregory J. Hayes will be replacing Louis R. Chenevert as president, CEO and director. Hayes has been with United Technologies for 25 years and has served as the company’s CFO and senior vice president for the last six years.

Edward Kangas will become the company’s non-executive chairman of the board.

Outlook
The company reported that it expects to see FY2014 earnings between $6.75 and $6.85 per share – while analysts expect see earnings of $6.88 per share.


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