Mitsubishi Electric Trane HVAC US CEO Mark Kuntz Announces His Retirement

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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.

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

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/.

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CONTACT: Media Contact

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Arketi Group

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KEYWORD: GEORGIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: ENGINEERING HVAC MANUFACTURING COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY BUILDING SYSTEMS

SOURCE: Mitsubishi Electric Trane HVAC US LLC

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PUB: 03/10/2026 02:00 PM/DISC: 03/10/2026 02:00 PM

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