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Geraud Darnis Named Carrier President (10/12)

October 12, 2001
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Jonathan Ayers resigns.

United Technologies Corp. (NYSE:UTX) has announced that Jonathan W. Ayers, 45, president of its Carrier unit, resigned today. The company has named Geraud Darnis, 41, president of UTC?s power group, to succeed Ayers. Darnis? appointment is effective immediately.

In making the announcement, UTC President Karl Krapek said Ayers has made lasting contributions to Carrier Corp., especially in establishing a successful alliance with Toshiba and in developing a talented and experienced management team.

?Jon?s entrepreneurial spirit and skills will be missed,? said Krapek. ?Geraud Darnis has proven himself in tough business environments, and in the wake of recent events, we couldn?t ask for a better leader to succeed Jon.?

Darnis, 41, joined UTC in 1983 at Otis Elevator Co. in Paris. He served in a number of financial management positions at Carrier in Europe and Latin America during the 1980s before being named vice president of finance for Carrier in Europe in 1992. He was appointed managing director of Carrier France in 1993 and president of Carrier Europe-Middle East-Africa in 1996. He was named president of Carrier?s Asia Pacific Operations in 1999 before moving to UTC Power early this year. UTC Power comprises microturbines, fuel cells and aero-derivative gas-turbine engines. Darnis earned a degree in finance from the Institut Superieur du Commerce in Paris.

Ayers joined UTC in 1995 as vice president, strategic planning at UTC headquarters. Darnis' successor at UTC Power will be named soon.

United Technologies Corp., headquartered in Hartford, provides a broad range of high-technology products and support services to the building systems and aerospace industries.

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