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Carrier becomes an independent company

Carrier Global Corporation today debuted as an independent, publicly traded company after successfully completing its separation from United Technologies.

A leading provider of heating, ventilating and air conditioning, refrigeration and fire and security technologies, Carrier’s products and services are essential for modern life. The company has an extensive global footprint with approximately 53,000 employees, offering solutions in more than 160 countries.

“Against the backdrop of unprecedented global uncertainty, Carrier and its employees remain focused and continue to solve critical challenges – from improving indoor air quality, protecting the world’s food and pharmaceutical supply and keeping people safe and secure. I am honoured to lead this fantastic company and now, more than ever, I am incredibly proud of the perseverance and resiliency of our talented workforce,” said Carrier president and chief executive Dave Gitlin. “For more than a century, Carrier has been a symbol of excellence, and today, as a standalone company, we have defined our own strategy, vision, culture and priorities. We have an unmatched legacy and look forward to delivering sustainable long-term growth to our shareowners and other stakeholders.”

As an independent company, Carrier will have greater focus and enhanced agility based on its own distinct operating priorities and strategies for long-term growth and profitability, including strengthening and growing its core businesses, extending its product range and geographical coverage, and expanding service and digital offerings.

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