United States. Carrier Global Corporation debuted on April 3 as an independent publicly traded company after successfully completing its separation from United Technologies. Shares of Carrier, a global creator of building and refrigeration solutions, began trading on the New York Stock Exchange (NYSE) on the open market under the symbol "CARR."
Carrier has a broad global presence with approximately 53,000 employees, offering solutions in more than 160 countries. Carrier has leadership positions in critical segments, including North American residential HVAC, commercial HVAC equipment in major markets, global fire detection and suppression, global access controls for security systems, and refrigerated equipment for the truck trailer and container businesses in North America and Europe.
"Against the backdrop of unprecedented global uncertainty, Carrier and its employees remain focused and continue to solve critical challenges, from improving indoor air quality, protecting the world's food and pharmaceutical supply, and keeping people safe and secure. I am honored to lead this fantastic company and now, more than ever, I am incredibly proud of the perseverance and resilience of our talented workforce," said Carrier President and CEO Dave Gitlin. "For more than a century, Carrier has been a symbol of excellence, and today, as an independent company, we have defined our own strategy, vision, culture and priorities. We have an unparalleled legacy and look forward to delivering long-term sustainable growth to our shareholders and other stakeholders."
Strategy
As an independent company, Carrier will have greater focus and agility based on its own distinct operational priorities and strategies for long-term growth and profitability, including strengthening and growing its core businesses, expanding its product range and geographic coverage, and expanding digital service and offerings.
The company is well positioned, with large megatrends driving the sustained growth of the industry, leading positions with a significant installed base, a disciplined operating system, and an unwavering commitment to innovation.
Corporate Social Responsibility
Carrier will continue to contribute significantly to communities around the world through employee volunteerism and environmentally responsible operations, products and services. Carrier's recent $3 million grant to The Nature Conservancy will help cities better prepare for climate change and support the development of online STEM education for children around the world, and is a testament to Carrier's commitment to environmental leadership.
"We are world leaders in providing energy-efficient solutions for buildings around the world. We are deeply committed to driving a leadership position in sustainable solutions for the planet and for future generations. Strengthening our global community makes us a stronger company, creating shared value for our business and our society," said Gitlin. As an independent company, we have the ability to leverage our legacy of industry leadership and sustainability to address the challenges of today and tomorrow while executing our growth vision and strategy."
Learn more about the new Carrier at www.Corporate.Carrier.com.
