Carrier Global (NYSE: CARR) appoints PTC CEO Neil Barua as director
Rhea-AI Filing Summary
Carrier Global Corporation appointed Neil Barua as an independent director, effective July 24, 2026, with a term expiring at the 2027 Annual Meeting of Shareowners. He will serve on the Board’s Compensation Committee and Technology & Innovation Committee and will be compensated under the standard non-employee director programs.
The company states the appointment was not pursuant to any arrangement or understanding with a third party. As of the appointment date, neither Barua nor his immediate family members are party to transactions that must be reported under Item 404(a) of Regulation S-K.
Barua has been President and Chief Executive Officer of PTC Inc. since 2024, following leadership of PTC’s Service Lifecycle Management business after its acquisition of ServiceMax. He previously served as CEO of ServiceMax and IPC Systems and as an Operating Partner at Silver Lake. Carrier describes itself as a global leader in intelligent climate and energy solutions.
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FAQ
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(d) Election of Director
The Board of Directors of Carrier Global Corporation (the “Company”) appointed Neil Barua as an independent director, effective July 24, 2026, with a term expiring at the 2027 Annual Meeting of Shareowners. The Board also appointed Mr. Barua to the Board’s Compensation Committee and Technology & Innovation Committee.
The appointment of Mr. Barua was not pursuant to any arrangement or understanding between Mr. Barua and any third party. As of the date of this report, neither Mr. Barua, nor any of his immediate family members, is a party, either directly or indirectly, to any transaction that is required to be reported pursuant to Item 404(a) of Regulation S-K.
Mr. Barua will be compensated consistent with the Company’s compensation programs for non-employee directors.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number |
Exhibit Description | |
| 99.1 | Press release, dated July 24, 2026. | |
| 104 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| CARRIER GLOBAL CORPORATION | |||
(Registrant) |
|||
Date: July 24, 2026 |
By: | /s/ Erin M. O’Neal | |
|
Erin M. O’Neal Corporate Secretary |
|||
EXHIBIT 99.1
For Immediate Release
Carrier Global Corporation Appoints Neil Barua to its
Board of Directors
PALM BEACH GARDENS, Fla., July 24, 2026 — Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced the election of Neil Barua, President and Chief Executive Officer of PTC Inc., to its Board of Directors, effective immediately. He will serve on the Board's Technology and Innovation and Compensation Committees.
"Neil brings to Carrier a track record of successfully leading scale enterprises while applying AI to drive digital transformations across industrial companies," said David Gitlin, Chairman & CEO, Carrier. “His experience will strengthen our Board as we continue advancing intelligent climate and energy solutions and delivering greater value for our customers. We are excited to welcome Neil to our Board."
Mr. Barua has been President and Chief Executive Officer of PTC Inc. since 2024. Previously, he led PTC's Service Lifecycle Management business following the company’s acquisition of ServiceMax in 2023. Before joining PTC, he was Chief Executive Officer of ServiceMax from 2019 to 2023 and Chief Executive Officer of IPC Systems from 2014 to 2018. He also was an Operating Partner at Silver Lake from 2018 to 2019. Mr. Barua holds a B.S. in Finance & Economics from the NYU Stern School of Business.
About Carrier
Carrier Global Corporation,
global leader in intelligent climate and energy solutions, is committed to creating innovations that bring comfort, safety and sustainability
to life. Through cutting-edge advancements in climate solutions such as temperature control, air quality and transportation, we improve
lives, empower critical industries and ensure the safe transport of food, life-saving medicines and more. Since inventing modern air
conditioning in 1902, we lead with purpose: enhancing the lives we live and the world we share. We continue to lead because of our world-class,
inclusive workforce that puts the customer at the center of everything we do. For more information, visit carrier.com or
follow Carrier on social media at @Carrier.
Carrier. For the World We Share.
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CARR-IR
| Contact: | Media Inquiries Rob Six 561-281-2362 Robert.Six@Carrier.com
Investor Relations Michael Rednor 561-365-2020 InvestorRelations@Carrier.com |