18 Hartford Business Journal • March 11, 2019 • www.HartfordBusiness.com
Corporate
Profile
United Technologies Corp.
10 Farm Springs Rd., Farmington, 06032
www.utc.com
United Tech-
nologies Corp.
provides tech-
nology products
and services to
building systems
and aerospace
industries world-
wide.
2016 2017 2018
$0
$10
$20
$30
$40
$50
$60
$70
$80
In
billions
of
dollars
Profits Revenues
$5.1B
$4.6B
$5.3B
$57.2B
$59.8B
$66.5B
$5.1B $4.6B
$5.3B
News Headlines
■ ■ Dupont Capital Management Corp.
raised its position in shares of United
Technologies Corp. by 20.8 percent in
the fourth quarter of 2018, the Fairfield
Current reports.
■ ■ John-Paul Clarke was hired at United
Technologies Corp. in December as vice
president of strategic technologies.
■ ■ United Technologies Corp., which
plans to separate into three companies,
says it's halted the planned sale of its
Chubb fire-safety and security business
due to "market volatility."
Corporate suite
Stock Option
Exec. Salary Bonus Awards Awards Total
Gregory J. Hayes
Chairman/CEO $1,575,000 $3,500,000 $8,878,810 $3,165,260 $17.6M
Akhil Johri
Exec. VP & CFO $890,000 $1,200,000 $2,950,834 $1,051,810 $6.5M
Robert K. Ortberg
CEO, Collins Aerospace $112,240 $140,300 $9,875,022 $0 $10.3M
Profits and Revenues
Fact box
Industry: Aerospace and defense
4Q 2018 Revenue: $18B
4Q 2018 Net Income: $686M
4Q 2017 Net Income: $397M
Quarterly Profit Change: $289M
Cash: $6.2B
Employees: 240,000
Competitors: Honeywell International Inc.
General Electric Co.
The Boeing Co.
Stock watch
Ticker Symbol UTX
Market Cap $108.05B
52 Week Range Price $100.48–$144.15
Outstanding Shares 861.75M
Top institutional investors
Shares % Stake
State Street Corp. 89,777,522 11.22
Vanguard Group Inc. 65,593,077 8.2
Blackrock Inc. 54,035,145 6.75
Gregory J. Hayes,
Chairman and CEO
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