UTC Restructures

United Technologies will eliminate its propulsion and aerospace systems unit following the departure of the organization's chief executive at the end of the month, the company said Thursday.

Alain Bellemare, CEO of the PAS unit, will leave the company but continue to serve as a consultant to UTC, the company added. Because of his decision to leave, United Technologies said it would "streamline" its aerospace operations by making Pratt & Whitney and UTC Aerospace Systems, both formerly part of PAS, stand-alone units.

The leaders of those businesses will report directly to Gregory Hayes, UTC's chief executive, the company said. Mike Dumais, who led UTC Aerospace Systems' power, controls and sensing systems segment, will become United Technologies' senior vice president for strategic planning.