New CEO takes helm at United Technologies

It's being held in a suburb of Montreal, Canada. He'll be handing off to successor Louis Chenevert after increasing profits for the Connecticut-based conglomerate by more than 600 percent since 1994.

[Sharon]

Just one question. How many millions upon millions of dollors is this gonna cost the employee's who make the company their money? Then if you care to answer that one how about this one - how many millions upon millions did it cost these same people to see the other CEA leave? We all know these CEO'S cost more than all the employee's together make in their entire lifetime. I wonder why these poor bankrupt companys afford CEO's!

[anonymous]

what do you mean "cost the employees"....???? And how is UTC bankrupt? I think you need to get the facts straignt.