David L. Gitlin
Chairman & Chief Executive Officer
Executive
7 yr
7 reports
Carrier Global Corporation ·CARR
Three global business presidents run the company
Industrials · Fortune #172 · Divisional structure · 48K employees · Palm Beach Gardens, FL
6
CEO span
↓ tighter than peers (avg 10)
3.6
Avg span
moderate
3
Max depth
3 levels
3.8 yr
Avg tenure
50%
Internal hires
near industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$21.7B
Operating income
$2.2B
Net income
$1.5B
Total assets
$37.2B
Shares out
836M
Sourced from Carrier Global Corporation DEF 14A · filed 2026-03-03 ↗ View on SEC
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Carrier Global Corporation organizational chart
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Carrier Global is structured around three powerful business presidents who each run a major global P&L and report directly to the CEO. This page maps Carrier’s divisional executive structure, highlights recent leadership changes, and compares its unusually CEO-centric operating model with industrial peers.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal Beril Yildiz joined as VP, Controller & Chief Accounting Officer
Appointed effective September 22, 2025.
Source · See change logScenario views in the chart
- Add a Chief Operating Officer Introduce a COO to coordinate operations across the three business presidents, reducing CEO span.
Atlas work this supports
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The people
Who's running this
7 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
internal
Gaurang Pandya
President, Climate Solutions Americas
Climate Solutions Americas
3 yr
0 reports
Michael L. Gierges
President, Climate Solutions Asia Pacific, Middle East & Africa
CSAME
1 yr
0 reports
Patrick Goris
EVP, Chief Financial & Strategy Officer
Finance
5 yr
1 reports
Edward Dryden
President, Climate Solutions Transportation
CST
2 yr
0 reports
internal
Chief Human Resources Officer
SVP, Human Resources
HR
3 yr
0 reports
internal
Chief Legal Officer
SVP, General Counsel
Legal
4 yr
0 reports
The pay
Executive compensation
From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.
David L. Gitlin $15.0M
- Base salary
- $1.50M
- Bonus
- $5.63M
- Stock awards
- $5.75M
- Option awards
- $1.02M
- Non-equity incentive
- $238K
- Other
- $820K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
The skin in the game
Beneficial ownership
Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.
Stock ownership requirements
5×Director cash retainer
Directors must hold stock worth five times base cash retainer.
The businesses
How Carrier Global Corporation divides the work
4 divisions report into the group CEO. Tile size scales with estimated headcount.
Climate Solutions Americas
18K employees
President, Climate Solutions Americas (Gaurang Pandya)
Provides residential and commercial HVAC solutions across North and South America.
Climate Solutions APAC, Middle East & Africa
15K employees
President, CSAME (Michael L. Gierges)
Manages HVAC and building solutions across EMEA and Asia-Pacific markets.
Climate Solutions Transportation
10K employees
President, CST (Edward Dryden)
Focuses on transport refrigeration and cold-chain solutions globally.
Finance & Strategy
2K employees
EVP, Chief Financial & Strategy Officer (Patrick Goris)
Oversees financial reporting, capital allocation, strategy and investor relations.
The thesis
Why this org is unusual
Carrier’s most distinctive structural feature is that three global business presidents, each running a major P&L, report directly to the CEO.
Climate Solutions is explicitly divided by geography and by transportation, creating parallel operating centers rather than a single consolidated operations head. This divisional design places operational accountability squarely with business presidents rather than corporate functions.
Corporate functions such as Finance, Legal and HR are comparatively lean and primarily enable the divisions. The CFO role combines finance and strategy, reinforcing capital allocation and portfolio discipline across the divisions. There is no separate COO, signaling that execution authority sits within the divisional presidents rather than a central operator.
- No COO role
- Three P&L presidents report directly to CEO
The comparison
How Carrier Global Corporation stacks up
Compared with peers like Trane Technologies and Johnson Controls, Carrier’s structure is more cleanly divisional by end market and geography. Peers often layer a COO or global operations head between the CEO and business units. Carrier instead maintains a flatter executive layer with direct CEO oversight of each major …
C-suite size
Reporting depth
Carrier Global Corporation
3 levels
Trane Technologies
4 levels
Johnson Controls
5 levels
5 levels
Siemens
6 levels
Avg C-suite tenure
Has COO / Has CAIO
Carrier Global Corporation — no COO — no CAIO
Trane Technologies ✓ COO — no CAIO
Johnson Controls ✓ COO — no CAIO
Siemens — no COO ✓ CAIO
Current signals
What changed recently
Carrier appointed a new Chief Accounting Officer in late 2025 following the prior controller’s resignation.
- new
- departed
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2025
DEF 14A filed 2026-03-03
- CEO
- David L. Gitlin
- CEO span
- 5
- C-suite
- 5
- Avg tenure
- 3.6 yr
Structure centered on three divisional presidents reporting to the CEO.
Named executive officers (5)
- David L. Gitlin - Chairman & CEO since 2019
- Patrick Goris - EVP, CFO since 2020
- Michael L. Gierges - President, CSAME since 2025
- Gaurang Pandya - President, CSA since 2022
- Edward Dryden - President, CST since 2024
Frequently Asked Questions
Who is the CEO of Carrier Global?
David L. Gitlin has served as Chairman and CEO since 2019.
What type of organizational structure does Carrier Global use?
Carrier uses a divisional structure organized around major climate and transportation businesses.
How many direct reports does Carrier Global's CEO have?
The CEO has six direct reports, including three business presidents and key functional leaders.
How has Carrier Global's leadership changed recently?
In 2025, Carrier replaced its Chief Accounting Officer following a resignation, appointing Beril Yildiz.
Does Carrier Global have a COO?
No. Carrier operates without a COO, with business presidents reporting directly to the CEO.
Sources
- 8-K Filing, Sep 4 2025
- 8-K Filing, Apr 17 2025
- SEC EDGAR: Carrier Global Corporation DEF 14A Proxy Statement
- SEC EDGAR: Carrier Global Corporation 10-K Annual Report
Reference
Cite this page
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APA 7th
Creately. (2026). Carrier Global Corporation organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/carrier-global/MLA 9th
"Carrier Global Corporation Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/carrier-global/. Accessed .Chicago 17
Creately. "Carrier Global Corporation Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/carrier-global/.Original SEC source View on SEC ↗
Carrier Global Corporation. DEF 14A. Filed 2026-03-03. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1783180/000178318026000016/carr-20260303.htmPermanent URL: https://creately.com/org-chart/fortune-500/carrier-global/ · last updated 2026-04-01