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Tag: United Technologies Corp.


Fire Systems Installation

UTC sued over employee education incentive plan

April 3, 2013Tess Nacelewicz

HARTFORD, Conn.—United Technologies Corp., based here, is facing a federal class-action lawsuit that claims the company reneged on stock awards it promised some employees for furthering their education. The employees completed their training, but UTC says they're not eligible for the shares because it subsequently laid them off, according to the lawsuit.The lead plaintiff is a New Jersey engineer, Richard Grisafi, who since 2007 had worked for UTC's Fire & Security division, which in 2011 became...

Controls and Security, Richard Grisafi, United Technologies Corp., UTC Climate


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Also Noted

Most UTC execs see pay hikes, but not Chenevert

April 3, 2013SSN Staff

HARTFORD, Conn.—For four of the five highest-paid executives at United Technologies Corp., salaries and bonuses spiked upward as the company completed its $18 billion acquisition of the Goodrich Corp., according to an article from the Journal Inquirer, a newspaper based in Manchester, Conn. But Chairman and CEO Louis Chenevert's total compensation package slipped by .18 percent, and his direct compensation, not including stock options and other benefits, fell by 19 percent, from $21 million...

Controls & Security, Louis Chenevert, United Technologies Corp., UTC Climate


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Fire Systems Installation

Are water mist and sprinkler systems equivalent?

January 18, 2013Tess Nacelewicz

YARMOUTH, Maine—Water-mist fire suppression systems aren't just for ships—they are increasingly used in land-based applications, such as historic buildings and hospitals. But are they the equivalent of fire sprinkler systems? That's the question being hotly debated as proposed changes to the National Fire Protection Association's standard on water-mist systems come under review.A first draft of the changes to NFPA 750 essentially says “a water mist system is now equivalent to a...

Controls & Security, Marioff, NFPA 750, Security Systems News, Tyco/SimplexGrinnell, United Technologies Corp., UTC Climate


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Suppliers

Reorg at UTC Fire & Security

September 29, 2011Martha Entwistle

HARTFORD, Conn.—UTC Fire & Security is no longer a standalone business at United Technologies Corp., the company announced yesterday.Effective yesterday, UTC combined UTC Fire & Security and Carrier Corp. to form a new business called “UTC Climate, Controls and Security Systems.” The company also announced that Geraud Darnis was appointed president and CEO of the new business.“We're consolidating Carrier and UTC Fire & Security into one integrated business that combines the...

Carrier Corp., Geraud Darnis, John Moran, United Technologies Corp., UTC Fire & Security


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