Carrier Global Corporation debuted as an independent, publicly traded company on Friday after successfully completing its separation from United Technologies (UTC).
Shares of Carrier, a global leader in creating building and refrigeration solutions, will begia “regular-way” trading on the New York Stock Exchange last night at market open under the symbol “CARR.”
A leading provider of innovative heating, ventilating and air conditioning (HVAC),refrigeration, and fire & security technologies, Carrier 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 president & CEO, Dave Gitlin, said the company’s 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 honored to lead this fantastic company and now, more than ever, I am incredibly proud of the perseverance and resiliency of our talented workforce,” he said.
“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, he said 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.
“The company is well-positioned with strong megatrends driving sustained industry growth, leading positions with significant installed base, a disciplined operating system, and an unwavering commitment to innovation,” he said.