Mitsubishi Electric Trane HVAC US (METUS) CEO, Mark Kuntz, will retire on March 31, 2026.
He will be replaced by METUS COO, Andrew Kelso, and will remain in an advisory role to support a smooth transition.
Kuntz concludes a 16‑year career with METUS marked by significant growth, innovation, and industry leadership.
Among his many accomplishments, Kuntz helped deliver the first Target store to install CITY MULTI VRF systems, established the company’s first major national account, Kroger Co., and oversaw the formation of the Mitsubishi Electric–Ingersoll Rand (Trane) joint venture in 2018, which established METUS.
Kuntz also led the Solutions Design Centre, advancing the company’s US-focused engineering capabilities, and initiated the formation of the METUS Business Operating System as part of a values‑based LEAN transformation.
“I have been incredibly fortunate to work with a very talented team at METUS. Through their expertise and our shared commitment to innovation and continuous improvement, we’ve built a company that has helped change the course of the HVAC industry,” Kuntz said.
“I’m deeply grateful to everyone on the METUS team for making that success possible, and I look forward to seeing them continue to grow, lead, and deliver meaningful impact for our customers and the industry.”
Mitsubishi Electric US Holdings president & CEO, Mike Corbo, said it is amazing how much Kuntz and his team achieved over the last 16-plus years.
“I know I speak for everyone who has worked with and around Mark when I say how thankful we are for his tireless efforts to demonstrate that better is always possible,” Corbo said.
Having worked closely alongside Kuntz during many of the company’s most transformative years, Andrew Kelso brings deep institutional knowledge and a strong focus on disciplined execution, customer partnership, and long-term growth as he steps into the role of CEO. Kelso joined METUS in 2018 as CFO and became COO in 2022.