Background
David was born in Pennsylvania. His mother"s name was Margaret. His father, Charles Wendell, was a professor at the University of Pennsylvania and one of America"s first Rhodes scholars.
David was born in Pennsylvania. His mother"s name was Margaret. His father, Charles Wendell, was a professor at the University of Pennsylvania and one of America"s first Rhodes scholars.
David left home after he graduated from high school in 1962 and enrolled in Harvard University on a full scholarship. He received his Bachelor of Arts from Harvard and Master of Business Administration from the University of Virginia"s Darden Graduate School of Business Administration.
David was elected UTC’s President in 1992 and Chief Executive Officer in 1994. He joined UTC’s Otis Elevator subsidiary in 1975 and became its President in 1986. He worked for the Boston Consulting Group.
He has served on the boards of the Graduate Business School at the University of Virginia, the National Minority Supplier Development Council, the United States.-Association of Southeast Asian Nations Business Council, the Transatlantic Business Dialogue and the Wadsworth Atheneum Museum of Artist
In 1999, the Russian Federation awarded David with the Order of Friendship for his contributions to that nation’s economy, particularly to its aerospace industry. In 2002, France named him to its Legion of Honor.
In 2000, he was named as one of America"s Most Powerful People by Forbes magazine. And Chief Executive Officer of the Year by Industry Week in 2003.
He was awarded "Chief Executive Officer of the Year 2005" by Chief Executive Magazine.
In 2007, his last full year as chief executive of United Technologies Corporation, David reaped $65 million in total compensation. She contested a $43 million postnuptial agreement and requested a settlement of approximately $100 million. Marie Douglas-David ended up with only $5 million.
In July 2012, David married Wendy Touton.
He is an avid yachtsman and racer actively campaigning his R/P 90 named "Rambler" (formerly Alfa Romeo I, ex-Shockwave) in regattas around the world. He then owned the Rambler 100.
The ship capsized during the 2011 Fastnet race. All crew, including David, were rescued.
In 2012 George David"s maxi Rambler shattered the Newport to Bermuda Race record, shaving 14 hours off the previous fastest time recorded in the 635 mile race.
He is a board member of Citigroup, a member of The Business Council and the Business Roundtable, and Vice Chairman of the Peterson Institute for International Economics. David is a member of the New York Yacht Club.