Company Leadership Transition - RTX Corporation has elected Christopher T. Calio as Chairman of the Board, effective April 30, 2025, following Gregory J. Hayes' decision to step down as Executive Chairman and Board member before the 2025 annual meeting [1][2] - Hayes has served as Executive Chairman since May 2024 and previously held the position of President and CEO of RTX, leading the company through significant changes in the aerospace and defense industry [2][3] - Calio has been with RTX since 2023 and has generated over $80 billion in annual sales while overseeing more than 185,000 employees [4][6] Leadership Contributions - Hayes' leadership over the past 35 years has created substantial value for various stakeholders, and his guidance has facilitated a successful leadership transition [3] - Calio is expected to continue driving growth through operational execution and technology innovation, aligning with customer needs [3] Company Overview - RTX is the world's largest aerospace and defense company, with over 185,000 employees and 2024 sales exceeding $80 billion [6] - The company operates through leading businesses such as Collins Aerospace, Pratt & Whitney, and Raytheon, focusing on advancing aviation and integrated defense systems [6]
RTX Board Elects Christopher T. Calio as Chairman