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Mitsubishi Electric Trane HVAC US CEO Mark Kuntz Announces His Retirement

Business

Mitsubishi Electric Trane HVAC US CEO Mark Kuntz Announces His Retirement
Business

Business

Mitsubishi Electric Trane HVAC US CEO Mark Kuntz Announces His Retirement

2026-03-11 02:00 Last Updated At:12:38

SUWANEE, Ga.--(BUSINESS WIRE)--Mar 10, 2026--

Mitsubishi Electric Trane HVAC US LLC (METUS), a leading supplier of all-electric, all-climate Ductless and Ducted Mini-split and Variable Refrigerant Flow (VRF) heat pump and air-conditioning systems, today announced that Mark Kuntz will retire as Chief Executive Officer, effective March 31, 2026. Andrew Kelso, METUS Chief Operating Officer, will succeed Kuntz as CEO. Kuntz will remain in an advisory role through a transition period, working closely with leadership, customers, distributors, and other partners to support a smooth transition.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260310482032/en/

Kuntz concludes a 16‑year career with METUS marked by significant growth, innovation, and industry leadership. Among his many accomplishments, Kuntz helped deliver the first Target store to install CITY MULTI ® VRF systems, established the company’s first major national account, Kroger Co., and oversaw the formation of the Mitsubishi Electric–Ingersoll Rand (Trane) joint venture in 2018, which established METUS.

Kuntz also led the Solutions Design Center, advancing the company’s U.S.-focused engineering capabilities, and initiated the formation of the METUS Business Operating System as part of a values‑based LEAN transformation.

“I have been incredibly fortunate to work with a very talented team at METUS. Through their expertise and our shared commitment to innovation and continuous improvement, we’ve built a company that has helped change the course of the HVAC industry,” said Kuntz. “I’m deeply grateful to everyone on the METUS team for making that success possible, and I look forward to seeing them continue to grow, lead, and deliver meaningful impact for our customers and the industry.”

A recognized industry advocate, Kuntz represented METUS on Capitol Hill, supporting policies that advance the adoption of all‑climate, variable‑capacity heat pump technology, including federal rebate and tax credit programs. He also played a leading role in navigating the A2L refrigerant transition, working with policymakers to help ensure a commercially sustainable transition for manufacturers and distributors.

“It’s amazing what Mark and his team have achieved over the last 16-plus years. His leadership and steadfast commitments to innovation, persistence and operational excellence have redefined what’s possible not only at METUS but across our entire family of companies,” said Mike Corbo, Executive Officer, Chief Representative of the Americas Region and President & CEO of Mitsubishi Electric US, Holdings. “I know I speak for everyone who has worked with and around Mark when I say how thankful we are for his tireless efforts to demonstrate that better is always possible.”

Having worked closely alongside Kuntz during many of the company’s most transformative years, Andrew Kelso brings deep institutional knowledge and a strong focus on disciplined execution, customer partnership, and long-term growth as he steps into the role of CEO. Kelso joined METUS in 2018 as CFO and became COO in 2022.

“METUS is entering its next phase from a position of strength. Thanks to Mark’s leadership and the work of our team, we have the right strategy, capabilities, and culture in place to continue expanding our leadership in all‑climate HVAC solutions,” said Kelso. “I am committed to building on that momentum as we move forward.”

About Mitsubishi Electric Trane HVAC US LLC

Formed in May 2018, Mitsubishi Electric Trane HVAC US LLC (METUS) is a leading supplier of all-electric, all-climate Ductless and Ducted Mini-split and Variable Refrigerant Flow (VRF) heat pump and air-conditioning systems in the United States and Latin America.

A joint venture between Trane Technologies plc and Mitsubishi Electric US, Inc., the company provides innovative products, systems, and solutions capable of heating and cooling a broad range of applications, from a home to a large commercial building with superior efficiency, comfort, and control.

The family of brands supported by METUS includes: Mitsubishi Electric, Trane ® /Mitsubishi Electric, and American Standard ® /Mitsubishi Electric. More information is available at https://www.mitsubishicomfort.com/.

Andrew Kelso, METUS Chief Operating Officer, will succeed Mark Kuntz as CEO.

Andrew Kelso, METUS Chief Operating Officer, will succeed Mark Kuntz as CEO.

Mark Kuntz will retire as Chief Executive Officer, METUS, effective March 31, 2026

Mark Kuntz will retire as Chief Executive Officer, METUS, effective March 31, 2026

PORTLAND, Maine (AP) — Graham Platner was met by an enthusiastic and supportive crowd Sunday at a town hall-style event in Maine as the Democrat looks to advance his Senate campaign after reports about his past treatment of women just days before the state's crucial primary.

The Democratic primary is still seen as Platner's to win, but he is facing questions about his past that could make it difficult to defeat longtime incumbent Republican Sen. Susan Collins.

“We’re going to win on Tuesday and we’re going to win in November and we’re going to take power back for the people in this country,” Platner said to about 400 people clapping and cheering him on in Portland.

The New York Times on Thursday reported an ex-girlfriend's allegations that Platner repeatedly grabbed her by the shoulders during arguments and once twisted her arm behind her back and locked her in a room. Platner has repeatedly called those allegations of violence untrue.

Other Platner ex-girlfriends interviewed by the Times described positive experiences, while some said he was volatile and insulting. That story came days after news reports revealing that Platner had exchanged sexually explicit messages with several women while married.

Despite the allegations, no major Democrats who had previously endorsed Platner have rescinded their support.

And at Sunday's event, attendees avoided asking about Platner's past and instead asked him about the U.S. Supreme Court, what committees he would want to work on once in the Senate, and whether he supports a federal wealth tax.

“What has blown my mind is that everybody knows what’s going on,” Platner said in response to a question about what outsiders watching the Maine Senate race are getting wrong about the state's voters.

Platner said he hoped eventually to join the Senate Appropriations Committee, as well as the committees overseeing agriculture and health care, while mentioning he would like to work with Kentucky's Republican Sen. Rand Paul because of his foreign policy positions.

Platner took a swipe at Sen. John Fetterman, who has criticized the Senate candidate recently, calling him a “creep” and likening him to a “Nazi sympathizer.” Some have questioned whether Platner would be similar to Fetterman, who has a reputation for speaking and voting against his party,

Platner said as a senator it’s important to build relationships and that ” you can’t just go down there and be John Fetterman," while also calling the Pennsylvania Democrat an expletive. He added that Fetterman “said mean things” about him recently.

Platner held a rally with California Rep. Ro Khanna in Bar Harbor on Friday, where he received a standing ovation and declared that Mainers “have my back.”

A combat veteran, Platner has repeatedly said that he struggled with alcohol and post traumatic stress disorder after his military service, but says he is a changed man.

The latest news has deepened some Democrats’ nervousness about Platner, who already faced scrutiny over online posts that were dismissive of sexual assault and a skull tattoo recognized as a Nazi symbol. Platner has apologized for the posts and covered up the tattoo., saying he didn't realize its significance when he got it.

Rahm Emanuel, a potential 2028 Democratic presidential candidate who spent the weekend in neighboring New Hampshire, said the “jury is still out” on whether Platner can beat Collins.

“Everybody is holding their breath whether this is the start of something or the end of something,” he said. “If it’s the end, that’s one thing. If it’s the beginning of something and we’re not done, that’s another thing.”

Kurt Fedora, 62, a mental health worker from Buxton, said he attended Sunday's event to hear Platner talk about working-class issues and fighting corruption. He said he’s unmoved by recent revelations about Platner’s history, and considers them a smear campaign by conservative opponents.

“Maybe there will be something to it, but they’re really reaching far to try to pin something on him. And it’s politics as usual,” Fedora said.

Others worried that Platner at times reminded them of President Donald Trump.

Debbi Conley, a 69-year-old retiree from Gorham, said she wanted to learn more about Platner even as she's almost certain he'll win on Tuesday, but she’s skeptical of him at the moment.

“I think people have been frustrated with Susan Collins, so they’re looking for alternatives,” Conley said. “My concerns with Graham Platner are that he’s talking about change, but sometimes it reminds me of the same talk that Trump had like ‘drain the swamp’.”

Associated Press writer Steven Sloan contributed to this report from Warren, New Hampshire. Kruesi reported from Providence, Rhode Island.

Graham Platner, Democratic candidate for U.S. Senate, speaks to an overflow crowd outside a campaign event Sunday, June 7, 2026, in Portland, Maine. (AP Photo/Robert F. Bukaty)

Graham Platner, Democratic candidate for U.S. Senate, speaks to an overflow crowd outside a campaign event Sunday, June 7, 2026, in Portland, Maine. (AP Photo/Robert F. Bukaty)

Graham Platner, Democratic candidate for U.S. Senate, speaks to an overflow crowd outside a campaign event Sunday, June 7, 2026, in Portland, Maine. (AP Photo/Robert F. Bukaty)

Graham Platner, Democratic candidate for U.S. Senate, speaks to an overflow crowd outside a campaign event Sunday, June 7, 2026, in Portland, Maine. (AP Photo/Robert F. Bukaty)

Graham Platner, Democratic candidate for U.S. Senate, speaks at a campaign event Sunday, June 7, 2026, in Portland, Maine. (AP Photo/Robert F. Bukaty)

Graham Platner, Democratic candidate for U.S. Senate, speaks at a campaign event Sunday, June 7, 2026, in Portland, Maine. (AP Photo/Robert F. Bukaty)

Graham Platner, Democratic candidate for U.S. Senate, speaks to an overflow crowd outside a campaign event Sunday, June 7, 2026, in Portland, Maine. (AP Photo/Robert F. Bukaty)

Graham Platner, Democratic candidate for U.S. Senate, speaks to an overflow crowd outside a campaign event Sunday, June 7, 2026, in Portland, Maine. (AP Photo/Robert F. Bukaty)

Graham Platner, Democratic candidate for U.S. Senate, speaks at a campaign event Friday, June 5, 2026, in Bar Harbor, Maine. (AP Photo/Robert F. Bukaty)

Graham Platner, Democratic candidate for U.S. Senate, speaks at a campaign event Friday, June 5, 2026, in Bar Harbor, Maine. (AP Photo/Robert F. Bukaty)

Graham Platner, Democratic candidate for U.S. Senate, speaks at a campaign event Friday, June 5, 2026, in Bar Harbor, Maine. (AP Photo/Robert F. Bukaty)

Graham Platner, Democratic candidate for U.S. Senate, speaks at a campaign event Friday, June 5, 2026, in Bar Harbor, Maine. (AP Photo/Robert F. Bukaty)

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