David, 60, got his start in 1975 at Otis Elevator, which UTC acquired a year later.

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New equipment orders in its Otis elevator unit was up 19% from a year ago, while new commercial HVAC orders at Carrier increased 11%.

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United Technologies' Otis will debut its ReGen drive, which draws energy from a fully loaded descending elevator or a lightly loaded ascending car and converts it to electricity.

FORBES: Magazine Article