Otis Elevator President Leaving the Company

FARMINGTON, CT — United Technologies Corp. on Thursday announced today that Otis Elevator President Philippe Delpech has, "elected to leave the company to accept another opportunity in Europe."

Nora LaFreniere, Otis' vice president, general counsel; and Mark George, Otis' vice president of finance and the company's chief financial officer, will be at the helm on an interim basis until a successor is named, UTC officials said.

The pair has a combined tenure of more than 44 years at UTC.

"They will work together in the office of the president, to ensure that Otis remains on track with its digital and operational transformation strategy," UTC officials said.

"Otis benefits from a strong strategy and a leadership team that is focused on executing our key priorities and digital initiatives," said UTC Chairman and CEO Greg Hayes. "I am confident Otis is on the right path to deliver on its commitments. We are thankful to Philippe for his many years of service to United Technologies and wish him well."

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