Timm named new president of Collins Aerospace

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Corridor Business Journal: United Technologies Corp. has named Steve Timm as the new president of Collins Aerospace as former chief executive Kelly Ortberg shifts to serve as a special adviser to UTC CEO and Chairman Gregory Hayes ahead of its planned merger with Raytheon. Ortberg served as CEO of Collins Aerospace, a business unit of UTC. Two of six Collins business units – avionics and mission systems – remain based in Cedar Rapids.