International. David Gitlin, who is also Carrier's CEO, had the honor of ringing the iconic bell to mark the start of business operations for the day.
The ceremony was a celebration of the transformation of Carrier's portfolio since it became an independent, publicly traded company in April 2020. This was the first time Carrier, a Fortune 500 company, had the privilege of ringing the NYSE bell.
The bell, which marks the start of operations at 09:30 and the close at 16:00, was manufactured by a company inherited from Carrier. A curious coincidence, as Carrier has left its mark on the history of the NYSE since the exchange moved to its current location in 1903.
At that time, the original gong was replaced by a brass bell, electrically operated and large enough to resonate throughout the trading floor. The bell was based on an earlier version patented by one of Carrier's founders, Robert Edwards.
The original bell is now proudly displayed at Carrier's global headquarters in Palm Beach Gardens, Florida. This historic event marks not only Carrier's continued growth but also its deep-rooted connection to New York's financial history.
Carrier, among the most admired companies
The company has been named to Fortune's 2024 World's Most Admired Companies list, achieving this distinction for the third year in a row.
To compile the list, Fortune identifies industry groups using 1,000 U.S.-based companies and the Global 500 database for major companies outside the U.S., and creates a survey that evaluates companies based on nine reputation attributes, including ability to attract and retain talent, quality of management, social responsibility, innovation, quality of products and services, financial strength and more.
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