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RTX ( (RTX) ) has provided an update.
On February 3, 2025, RTX Corporation announced that Gregory J. Hayes will step down as Executive Chairman and Board member on April 30, 2025, transitioning to a Special Advisor role to the CEO until January 2, 2026. Christopher T. Calio, currently President and CEO, will also assume the role of Chairman, effective April 30, 2025. Hayes, who has led RTX through significant industry changes, will continue with a base salary of $1,100,000 but will forgo annual incentives for 2025. This leadership change is expected to sustain RTX’s strategic priorities and growth trajectory, reinforcing its operations and stakeholder relations.
More about RTX
RTX is the world’s largest aerospace and defense company, focusing on aviation, integrated defense systems, and next-generation technology solutions. The company operates through its leading businesses, Collins Aerospace, Pratt & Whitney, and Raytheon, and generated over $80 billion in sales in 2024. RTX is headquartered in Arlington, Virginia, and employs more than 185,000 people globally.
YTD Price Performance: 11.15%
Average Trading Volume: 4,716,235
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $171.6B
For an in-depth examination of RTX stock, go to TipRanks’ Stock Analysis page.