Statement from Chairman & CEO Greg Hayes

Earlier this year I was asked to participate in the American Manufacturing Council that was established by the new administration. This council, which is made up of more than 20 CEOs of leading American manufacturers, was tasked with developing policies to revitalize the American manufacturing sector. The administration has other councils focused on other policy areas, such as developing a competitive income tax code and streamlining burdensome regulation.

UTC strongly supports the goals of each of these advisory committees as a way of ensuring and enhancing America's economic growth in the decades to come.

However, as the events of the last week have unfolded here in the U.S., it is clear that we need to collectively stand together and denounce the politics of hate, intolerance and racism. The values that are the cornerstone of our culture: tolerance, diversity, empathy and trust, must be reaffirmed by our actions every day. 

Accordingly, I have tendered my resignation from the Council effective today. 

Greg Hayes
Chairman & CEO

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