United Tech's Otis Names Rahul Ghai as Financial Chief
September 16 2019 - 07:45AM
Dow Jones News
By Colin Kellaher
Otis Elevator Co. on Monday said it named Rahul Ghai as chief
financial officer ahead of its planned separation from United
Technologies Corp. (UTX).
The Farmington, Conn., maker of elevators and escalators said
Mr. Ghai most recently served as senior vice president and chief
financial officer of Harris Corp., which earlier this year
completed its merger with L3 Technologies to form L3 Harris
Technologies Inc. (LHX).
Industrial congolmerate United Technologies last year said it
would split into three independent companies by spinning off Otis
and its Carrier Global Corp. building-systems business, leaving UTC
as a pure-play aerospace company.
Otis said it remains on track to separate from United
Technologies in the first half of 2020.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
September 16, 2019 07:30 ET (11:30 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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