People: United Technologies Corp (UTX)

UTX on New York Consolidated

6 Jul 2015
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Hess, David 

Mr. David P. Hess is Senior Vice President - Aerospace Business Development of United Technologies Corp., effective January 1, 2014. Prior to his retirement in early 2014, Hess served as President of Pratt & Whitney. Earlier in his 34-year career at UTC, he served as President of UTC's Hamilton Sundstrand business, now a part of UTC Aerospace Systems. During his tenure at Hamilton Sundstrand, the company became the largest systems supplier on Boeing's 787 aircraft, and while he led Pratt & Whitney, the company achieved sole-source position on the F-35 fighter aircraft, acquired a majority share in International Aero Engines, won five applications for the new PurePower Geared Turbofan engine and launched the PW800 on the new family of Gulfstream business jets.

Basic Compensation

Total Annual Compensation, USD 1,627,390
Restricted Stock Awards, USD 1,668,480
Long-Term Incentive Plans, USD --
All Other, USD 1,922,070
Fiscal Year Total, USD 5,217,940

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised 186,000 2,514,100.00
Name Fiscal Year Total

Edward Kangas


Gregory Hayes


Akhil Johri


Paul Adams


Geraud Darnis


David Gitlin

As Of  30 Dec 2014
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