Meet the ‘Activist’ CEO Revamping the Conglomerate He Inherited

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Meet the ‘Activist’ CEO Revamping the Conglomerate He Inherited
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Greg Hayes fended off a hostile takeover, shed major businesses and with two big deals will turn United Technologies into an aerospace giant

Within a few weeks of being thrust into the CEO job, Greg Hayes held a meeting to review United Technologies Corp.’s financial outlook and strategy. He made a pledge to constantly evaluate the conglomerate’s businesses, which included Otis elevators and Sikorsky helicopters.

“We’re never ever done, and we’re going to continue to look in a disciplined, and let me say, dispassionate way at the entire portfolio,” he told investors and analysts in December 2014. “We will do those things no matter how difficult.”

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