Raytheon Technologies: Gregory Hayes to Step Down as Executive Chairman
Former Raytheon Technologies (RTX) CEO Gregory Hayes will resign as executive chairman and board member, effective April 30, 2025. Hayes will transition to a special advisory role to CEO Christopher Calio, who will assume the chairman position.
Hayes' advisory role will extend until January 2, 2026. He became RTX CEO in 2020 following the merger with United Technologies, where he was previously chief executive.
Calio, who succeeded Hayes as CEO last year, served as RTX's president and COO before. He also held leadership positions at Pratt & Whitney.