RTX Corp Appoints New CEO, Christopher L. Calio
Ticker: RTX · Form: 8-K · Filed: Jul 31, 2024 · CIK: 101829
| Field | Detail |
|---|---|
| Company | Rtx Corp (RTX) |
| Form Type | 8-K |
| Filed Date | Jul 31, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1 |
| Sentiment | neutral |
Sentiment: neutral
Topics: leadership-change, executive-appointment, board-of-directors
Related Tickers: RTX
TL;DR
RTX just named Chris Calio the new CEO, Hayes stays as Chairman.
AI Summary
On July 30, 2024, RTX Corporation announced the appointment of Christopher L. Calio as Chief Executive Officer and a member of the Board of Directors, effective immediately. He previously served as President and Chief Operating Officer. The company also announced the departure of Gregory J. Hayes from his role as CEO, though he will remain as Executive Chairman.
Why It Matters
This leadership change at a major aerospace and defense company like RTX Corp could signal shifts in strategic direction and operational focus.
Risk Assessment
Risk Level: medium — CEO transitions can introduce uncertainty regarding future strategy and execution, impacting investor confidence.
Key Players & Entities
- RTX Corporation (company) — Registrant
- Christopher L. Calio (person) — Newly appointed Chief Executive Officer and Board Member
- Gregory J. Hayes (person) — Departing Chief Executive Officer, remaining Executive Chairman
- July 30, 2024 (date) — Effective date of appointment and departure
FAQ
Who has been appointed as the new CEO of RTX Corporation?
Christopher L. Calio has been appointed as the new Chief Executive Officer of RTX Corporation.
When did the leadership change take effect?
The leadership change took effect on July 30, 2024.
What is Gregory J. Hayes's new role at RTX Corporation?
Gregory J. Hayes will remain as the Executive Chairman of RTX Corporation.
What was Christopher L. Calio's previous role at RTX Corporation?
Christopher L. Calio previously served as President and Chief Operating Officer of RTX Corporation.
What is the filing date of this 8-K report?
The filing date of this 8-K report is July 31, 2024.
Filing Stats: 546 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2024-07-31 09:02:44
Key Financial Figures
- $1 — nge on which registered Common Stock ($1 par value) RTX New York Stock Excha
Filing Documents
- ef20033349_8k.htm (8-K) — 31KB
- 0001140361-24-035034.txt ( ) — 200KB
- rtx-20240730.xsd (EX-101.SCH) — 4KB
- rtx-20240730_def.xml (EX-101.DEF) — 17KB
- rtx-20240730_lab.xml (EX-101.LAB) — 26KB
- rtx-20240730_pre.xml (EX-101.PRE) — 19KB
- ef20033349_8k_htm.xml (XML) — 6KB
02
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On July 30, 2024, Robert K. (Kelly) Ortberg notified the Board of Directors (the "Board") of RTX Corporation (the "Company") of his intention to resign as a director of the Company, effective as of July 31, 2024. Mr. Ortberg has been a distinguished member of, and has provided significant contributions and guidance to, the Board. Mr. Ortberg has also served as a member of the Board's Finance Committee and Special Activities Committee. Mr. Ortberg's resignation was not the result of any dispute or disagreement with the Company or the Board on any matter relating to the operations, policies or practices of the Company. Effective upon Mr. Ortberg's resignation as a director, the size of the Board will be reduced from thirteen to twelve.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. The following exhibits are furnished herewith: Exhibit Number Exhibit Description 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. RTX CORPORATION (Registrant) Date: July 31, 2024 By: /s/ RAMSARAN MAHARAJH Ramsaran Maharajh Executive Vice President & General Counsel