Pratt & Whitney today announced that Carroll Lane has assumed the role of President of the company's Commercial Engines business, reporting to Pratt & Whitney President Christopher Calio. Pratt & Whitney is a division of United Technologies Corp. The appointment was previously announced during the UTC Earnings call in October.
"Carroll is uniquely positioned to help Commercial Engines continue its transformation," said Mr. Calio. "Carroll brings a wealth of experience to the organization with an understanding of the aerospace industry and key experiences in strategic leadership. I look forward to working with him to implement Pratt & Whitney's long-term strategy and ensuring we meet our commitments to customers, employees and shareowners."
Carroll Lane succeeds Mr. Calio in this role; Mr. Calio was named President of Pratt & Whitney last year, with an effective date of January 1, 2020, succeeding Bob Leduc, who retired from the company after more than four decades of service.
Mr. Lane returns to Pratt & Whitney after leading Investor Relations for United Technologies Corporation, where he was responsible for developing and implementing strategies that position UTC as a preferred investment to domestic and international investor communities.
Mr. Lane first joined the UTC Corporate Office in 2012 as director, Corporate Strategy & Development. In 2014, he transferred to Pratt & Whitney as the senior director, Customer Solutions, and served in positions of increasing responsibility including vice president, Commercial Aftermarket. Prior to joining UTC, he was a director with CSP Associates, an Aerospace & Defense advisory firm in Cambridge, MA. Mr. Lane served in the United States Marine Corps as a Naval Aviator.
Mr. Lane earned a bachelor's degree in political science from Williams College and a master's degree in business administration from the Harvard Business School.