(Reuters) – Former RTX CHIEF EXECUTIVE OFFICER Gregory Hayes will certainly tip down as exec chairman and participant of the board, the aerospace and protection significant stated on Monday.
Hayes will certainly continue to be a staff member of RTX as an unique expert to chief executive officer Christopher Calio, that will certainly handle the function of chairman of the board, the firm stated.
The change will certainly work April 30, 2025, the firm stated, including that Hayes’ function as unique expert will certainly go throughJan 2, 2026.
Hayes came to be chief executive officer of RTX – previously Raytheon – in 2020 after its merging with United Technologies, where he additionally held the function of president. He was executive chairman of the board because May.
Calio, that prospered Hayes as chief executive officer in 2014, was formerly head of state and principal running policeman at RTX, prior to which he held management settings at engine manufacturer Pratt & & Whitney.
(Reporting by Utkarsh Shetti in Bengaluru; Editing by Mrigank Dhaniwala)