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United Technologies Offers Overlooked Dividend Growth

2014-11-27 14:30:09| Paper - Topix.net

United Technologies shares have lagged the market over the past year and its CEO unexpectedly left the company earlier this week. United Technologies also has a modest but consistent dividend growth track record with a payout ratio below 40%.

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Louis Chenevert, retired chief executive officer of United Technologies Corp.

2014-11-26 09:04:43| Paper - Topix.net

Louis Chenevert , who retired as chief executive officer of United Technologies Corp. in a surprise move on Sunday, will leave with a nest egg of about $172 million. That sum includes $109 million of vesting option awards and $32 million of vesting performance-based restricted-stock awards, based on yesterday's closing price, and a pension worth $31 million as of Dec. 31, according to data from the company's proxy filing released earlier this year.

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United Technologies Turns to Number-Cruncher in Sudden CEO Shift

2014-11-25 17:26:14| Paper - Topix.net

United Technologies Corp. turned to its head number-cruncher after the resignation of the chief executive officer, tapping an accountant whose balance-sheet management has boosted cash reserves. Gregory Hayes, chief financial officer for six years, took over from Louis Chenevert, 57, in a surprise move announced yesterday.

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United Technologies CEO retires, succeeded by CFO

2014-11-24 18:18:02| Paper - Topix.net

Aerospace and building systems giant United Technologies announced Monday the abrupt retirement of CEO Louis Chenevert, and named Chief Financial Officer Greg Hayes to succeed him. He steered United Technologies' $18.4 billion purchase of aerospace parts maker Goodrich Corp. in 2012.

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Stocks to Watch: United Technologies, Platinum Underwriters, HealthSouth

2014-11-24 18:18:01| Paper - Topix.net

United Technologies said Chief Executive Louis Chenevert plans to retire effective immediately and the industrial conglomerate named Chief Financial Officer Gregory Hayes as his successor. Shares fell 1% to $109.19 in premarket trading.

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