In other news, the company has realigned the leadership of its heating and cooling business segments. Harry Bizios was appointed president and COO of the Commercial Heating and Cooling segment. He was previously the vice president and general manager of the Worldwide Commercial Systems segment. Doug Young was appointed president and COO of the Residential Heating and Cooling segment. He was previously the vice president and general manager of the North American Residential Products segment.
Based on this realignment, Heating and Cooling President and COO Bob McDonough agreed to leave the company after a transition period.