Clipper says chief executive Doug Pertz, appointed in September 2008, will be replaced by Mauricio Quintana, who has served as director of corporate strategy and development at US industrial conglomerate United Technologies Corporation (UTC) for the past two years.
On 13 January UTC finalised its $275m purchase of a 49.5% stake in cash-strapped Clipper. Quintana is said to have been integrally involved in UTC’s assessment of Clipper’s technologies, markets and operations.
Clipper