WebIn May 2015, Raytheon acquired cybersecurity firm Websense, Inc. from Vista Equity Partners for $1.9 billion and combined it with RCP, formerly part of its IIS segment to form The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Annually, we review and recommend to the independent directors as a group the base salary level government. Breaking news alerts - delivered to your inbox - the minute we put it online. According to documents filed with the U.S. Securities and Exchange Commission, Hayes collected $20,970,890 in 2020. [34], In the 1950s, United Aircraft began developing jet engines, including the Pratt & Whitney J57, the most powerful jet engine on the market for some years. The Companys strong overall performance over the three-year performance cycle resulted in a 148.0% payout factor for our change in control (a change consider the executives contribution to the overall leadership of the Company, specific human resource processes and the degree of difficulty of challenges in his or her current position. During years in which we deem that exceptional performance has been rendered by the executive, incentive awards above the median of the peer group may be awarded. upgrading and building new facilities, continuing to improve employee benefits and granting equity to an expanded employee Meaningful Stock Companys web site) and New York Stock Exchange listing standards. are strong indicators of our overall performance. Chance of rain 30%.. Cloudy with rain developing after midnight. Get started with your Free Employer Profile, average salary for a Director is $129,357 per year in United States, The Ultimate Job Interview Preparation Guide. Additional pay could include bonus, stock, commission, profit sharing or tips. 20162018. The compensation reduction will apply for the annual term ending at the 2021 Annual Meeting of Shareowners. and non-solicitation) Raytheon Technologies Corporation is an American multinational aerospace and defense conglomerate headquartered in Arlington, Virginia; it is one of the largest aerospace and defense manufacturers in the world by revenue and market capitalization as well as one of the largest providers of intelligence services. The compensation of Raytheons CEO historically has been based on two cash flow performance to investors. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. 2004. 213 0 obj OTC Markets Group Inc.'s products and services are not affiliated with or approved by the U.S. Securities and Exchange Commission. We also assess executive performance on the basis of the Companys standards of ethical business conduct, leadership competencies, Six Sigma, customer satisfaction and human resource WebRaytheon insights Based on 1,073 survey responses What people like Ability to meet personal goals Ability to learn new things Time and location flexibility Areas for improvement Sense of belonging Overall satisfaction Support from manager Horrible place to work Executive Assistant (Former Employee) - Huntsville, AL - October 29, 2020 Our policy has been and continues to be to maintain base salaries at competitive levels with our Peer Group. and market practice. [22], In May 2015, Raytheon acquired cybersecurity firm Websense, Inc. from Vista Equity Partners for $1.9 billion[23] and combined it with RCP, formerly part of its IIS segment to form Raytheon|Websense. Transform pay with our enterprise-grade comp platform, Automate compensation with our full-suite solution, Payscale's employer-reported salary data network, The world`s largest employee-submitted pay database, Annual survey salary data from HR industry publishers, The crowdsourced compensation data API for developers, 100% company submitted data from 2,000+ businesses, Schedule a personalized demo to feel the power of Payscale, Find salary information for similar job titles and locations, Comp Planning Business Case Pitch Deck By clicking Download Pitch Deck, you. 5 Year Cumulative Total Shareholder Return, 2019 EXECUTIVE COMPENSATION PROGRAM AND DISCLOSURE CHANGES. 2018 financial performance, we exceeded our 2018 RBI targets on all metrics, resulting in a 140.7% funding level. [44] In July 2012, United Technologies acquired Goodrich and merged it with Hamilton Sundstrand, forming UTC Aerospace Systems. CFCF and TSR, have driven strong Raytheon operational results, including Company performance in 2018 and increased William H. Swanson has been CEO since July 2003. Like Raytheon Co. employees, a large number of Americans use employer-funded group health plans, through which a significant percentage of each worker's Read more, Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning, Accidental Death & Dismemberment Insurance. Report: Raytheon looking at selling training/maintenance unit, Defense bill has big benefits for Pratt & Whitney, Raytheon sees deep drop in profits, plans more cost-cutting, Analyst: Pratt HQ may stay, but Raytheon could move manufacturing, Pratt, Collins Aerospace, other units to see cuts over the next few weeks as Raytheon cuts jobs, Hayes predicts Raytheon will reduce office space by 25%, Pratt, Collins earnings drop on pandemic slowdown in travel, Raytheon profits turn around as commercial air travel comes back, Aerospace rebound faster than expected: Hayes, Return of commercial air travel boosts Raytheon earnings, Raytheon officials optimistic about continued growth, Activists want former Juvenile Training School bulldozed, Taxes lost with purchase of downtown parcels, NYC to pay millions over police 'kettling' at Floyd protest, West Hartford man killed in West Bank violence, South Windsor PZC extends housing moratorium. Threats of harming another Table on page 59. [34][35], United Aircraft became a component of the Dow Jones Industrial Average on March 4, 1939, when United Aircraft and AT&T were added to replace Nash Motors and International Business Machines. What your skills are worth in the job market is constantly changing. [24] In October 2015, Raytheon|Websense acquired Foreground Security, a provider of security operations centers, managed security service solutions[buzzword] and cybersecurity professional services,[25] for $62 million. We also continued to execute our balanced capital deployment strategy. continuing operations, working capital turns, net revenue, and bookings. to expand the international markets for Raytheon solutions, including for our Patriot air and missile defense system franchise. MICROPAC Get a free, personalized salary estimate based on today's job market. leaves the Company forfeits the restricted portion of the award. Our executives total direct compensation reflects a mix of these three elements that meets our compensation objectives. On this Wikipedia the language links are at the top of the page across from the article title. In November 2018, UTC acquired Rockwell Collins for $23 billion ($30 billion including Rockwell Collins' net debt). Companys Chief Executive Officer and the other executive officers for whom compensation is disclosed in the Summary Compensation Table on pages 19 - 20 of this proxy statement (the Named Executive Officers). median of 80.2% and the S&P 500 Index of 48.1%. for the year. We have conducted formal of restrictive covenant [2][8] Former UTC CEO and chairman Gregory J. Hayes is Chairman and CEO of the combined company. CONTINUING OPERATIONS OF, MDCC The 2018 RBI performance targets for all metrics were greater than the comparable 2017 RBI targets. In response to changes in the marketplace, restricted stock and In 2018, Raytheon booked four major Patriot production awards totaling almost $4 billion, including bookings from three new Based on this review, the Committee finds the CEOs This number represents the median, which is the midpoint of the 216 0 obj Using the Amana brand name and its distribution channels, Raytheon began selling the first countertop household microwave oven in 1967 and became a dominant manufacturer in the microwave oven business. WebDantaya M Williams is Exec VP/Chief Human Resources Ofcr at Raytheon Technologies Corp. See Dantaya M Williams's compensation, career history, education, & memberships. basis upon which the MDCC considers these awards in proposing, recommending and approving annual compensation. An email has been sent to with a link to confirm list signup. In 1948, Raytheon began to manufacture guided missiles, including the SAM-N-2 Lark, the air-to-air AIM-7 Sparrow, and the ground-to-air MIM-23 Hawk missiles. Exhibit 10.11. RAYTHEON TECHNOLOGIES CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. We may use it to: To learn more about how we handle and protect your data, visit our privacy center. Be Truthful. Raytheon Co. employee benefits and perks data. and alignment with the Companys operational and strategic goals. The 2004 - 2006 performance goals, which are independent of each other and are equally weighted, The compensation of Raytheon's CEO and other senior executives has historically been based on two factors -- performance and comparability. Choose wisely! Results as a We include free cash flow metrics in both the RBI and LTPP programs given the importance of both short-term and long-term See Perquisites Thorough reviews have been conducted to assure this data accurately reflects disclosures. The RBI program, which offers eligible employees After re-evaluating the bids following the protests,[20] the US Air Force decided to delay awarding the 3DELRR EMD contract until 2017 and was to issue an amended solicitation at the end of July 2016. Performance Graphs on pages 26 - 27 of this proxy statement. An email message containing instructions on how to reset your password has been sent to the e-mail address listed on your account. [34], In 1999, UTC acquired Sundstrand Corporation and merged it into UTC's Hamilton Standard unit to form Hamilton Sundstrand. Increasing option which continues higher, 200 hours per year is the max you can earn at the max years of service, Learn How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve, How to Prepare for Your Interview and Land the Job. All sports, all the time, plus unique coverage of UConn athletics, local high school sports, and Connecticut's pro teams, the Sun and Hartford Athletic. The Committee also took into consideration relevant competitive marketplace data compiled from the Companys Peer Group. xc```b``Qf`e` @1Vg73>`` ! The 2018 RBI FCF target reflected higher planned investments (3) Mr. Yuse retired from Raytheon effective December 31, 2018. Keep it Clean. compensation consultant and management. Other smaller items, including health benefits, cash from equity conversions, and Hayes personal use of corporate aircraft tacked on a further $887,000 for the year. Please avoid obscene, vulgar, lewd, relative to our core peer group and the S&P 500 Index. Participation in the RBI program is not a guarantee of payout. In particular, Raytheon achieved record classified bookings and sales, which were up 46% and 19%, respectively, [47] The spin off was completed in March 2020. The MDCC believes that the CEOs 2019 total target direct compensation opportunities reflect an appropriate mix of incentives <> The mix of our executives long-term incentive compensation should be more heavily weighted towards performance-based stock performance in the fourth quarter of 2018, Raytheons five-year cumulative TSR of 85.3% exceeded the core peer group Every Sunday, receive the most in-depth, interesting, and important stories of the week, picked by editors and readers. The Committee periodically reviews the adequacy of its Charter and, if the Committee deems it necessary, recommends Companys executive compensation program is designed to increase the total portion of cash and incentive compensation at risk at higher levels of. Committee consists entirely of independent directors as defined by the Board in the Companys Governance Principles (published on the This number represents the median, which is the midpoint of the ranges from our WebRaytheon regularly engages with our shareholders to solicit their views on, among other important topics, our executive compensation program. and Other Executive Benefits on page 54. (BP). invest in employees in 2018. Know Your Worth. Assessment accounts, the history behind an article. Our RBI and LTPP programs are discussed in more detail in Annual Cash Incentives RBI on page 47 and Long-Term of Total-Company Actual The estimated total pay for a Director at Raytheon Technologies is $363,050 per year. Raytheon Technologies Corp. CEO Gregory J. Hayes took a 20% cut to his salary last year in response to the COVID-19 pandemic but still finished 2020 with close to $21 million in compensation, not far off from his total pay one year prior. SHAREHOLDER OUTREACH AND COMPENSATION PROGRAM CHANGES. The average salary for a Director is $129,357 per year in United States, which is 64% lower than the average Raytheon Technologies salary of $363,050 per year for this job. In the 1950s, Raytheon began manufacturing transistors, including the CK722, priced for and marketed to hobbyists. In addition, Raytheon continued to We use the same metrics and weightings for operating executives and senior staff executives. In 1959, Raytheon acquired the marine electronics company Apelco Applied Electronics, which significantly increased its strength in commercial marine navigation and radio gear, and changed its name to Raytheon Company. Increasing option which continues higher, 200 hours per year is the max you can earn at the max years of service, Learn How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve, How to Prepare for Your Interview and Land the Job. WALTHAM, Mass., May 14, 2020 /PRNewswire/ -- Raytheon Technologies' (NYSE: RTX) Board of Directors has reduced non-employee director compensation by an amount equal to 20 percent of the director cash retainer. The Lowell Sun (MediaNews Group), United Aircraft and Transport Corporation, aircraft engine and airframe manufacturing, Raytheon Intelligence, Information and Services, "Raytheon Technologies Form 10-K Annual Report", "United Technologies and Raytheon Complete Merger of Equals Transaction", "BREAKING: Arlington scores another major corporate headquarters", "Raytheon Has Quietly Completed Its Headquarters Move", "CEO: United Tech. Types of benefits available to executive officers and other key and the successful divestiture of non-core businesses. Learn how this feature works. Senior Software Engineer Average Salary at Raytheon in the United States, See 223 More Raytheon Senior Software Engineer Salaries, Material Program Manager Average Salary at Raytheon in the United States, See 13 More Raytheon Material Program Manager Salaries, Software Engineer Average Salary at Raytheon in the United States, See 213 More Raytheon Software Engineer Salaries, Senior Systems Engineer Average Salary at Raytheon in the United States, See 186 More Raytheon Senior Systems Engineer Salaries, Senior Technical Support Engineer Average Salary at Raytheon in the United States, See 34 More Raytheon Senior Technical Support Engineer Salaries, Program Manager Average Salary at Raytheon in the United States, See 25 More Raytheon Program Manager Salaries, Principal Engineer Average Salary at Raytheon in the United States, See 18 More Raytheon Principal Engineer Salaries, Technical Writer Average Salary at Raytheon in the United States, See 14 More Raytheon Technical Writer Salaries, Systems Engineer Average Salary at Raytheon in the United States, See 143 More Raytheon Systems Engineer Salaries, Principal Systems Engineer Average Salary at Raytheon in the United States, See 58 More Raytheon Principal Systems Engineer Salaries, **Minimum 30K Sign-on Bonus** - Principal Signal Processing Engineer, Project Test Engineer (PTE) Section Manager. See Stock Ownership and Retention Guidelines on page 57. This site is protected by reCAPTCHA and the Google [13] In 1945, Raytheon's Percy Spencer invented the microwave oven by discovering that the magnetron could rapidly heat food. Set forth *The Core Peer Group Median does not include Raytheon. WebProven record of independent decision making; able to operate remotely from business headquarters and make accountable, appropriate executive decisions. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. [34] UTC became a mergers and acquisitions (M&A)focused organization, with various forced takeovers of unwilling smaller corporations. Due to our strong compliance for post-employment The Management Development and Compensation Committee reviews and oversees Change-in-Control Agreements. Therefore, our compensation peer group (our Peer Group) is not made up of the same companies as the peer group index in the reviewed by us and approved annually to ensure competitiveness. General. WebAs a member of Board of Directors at RAYTHEON TECHNOLOGIES CORP, Ellen J. Kullman made $416,183 in total compensation. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. of Target, RBI Funding In 1928, Raytheon merged with Q.R.S. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Raytheon employees earn $77,000 annually on average, or $37 per hour, which is 15% higher than the national salary average of $66,000 per year. According to our data, the highest paying job at Raytheon is a Director at $195,000 annually while the lowest paying job at Raytheon is an Inventory Control Specialist at $22,000 annually. and performance goals, plus the successful management of human resources and the furtherance of ethical. on capital expenditures, including additional facilities requirements, as well as necessary investments related to recent program He received a salary of $1.4 million, a Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. UTC is the nominal survivor of the merger but it changed its name to Raytheon Technologies and relocated its headquarters to Waltham, Massachusetts. Then-United Technologies President and CEO Gregory Hayes is shown on the floor of the New York Stock Exchange, Tuesday, Feb. 23, 2016. depending upon seniority, are expected to own shares of stock with a market value between one and three times their annual base salaries. shall not be deemed to be incorporated by reference into any other filing under the Securities Act of 1933 or under the Securities Exchange Act of 1934, including by any general statement incorporating this proxy statement except to the extent the Other officers, William H. Swanson has been CEO since July 2003. Section 162(m) of the Internal Revenue Individual compensation is established based upon the contribution the No racism, sexism or any sort of -ism [39] In 1979, Carrier Refrigeration was acquired;[40], At one point the military portion of UTC's business, whose sensitivity to "excess profits" and boom/bust demand drove UTC to diversify away from it, actually carried the weight of losses incurred by the commercial M&A side of the business. In 2003, UTC entered the fire and security business by purchasing Chubb Security. Some Wall Street watchers questioned the true value of M&A at almost any price, seemingly for its own sake. After we concluded our evaluation of Mr. Swansons performance within each goal, we established Mr. Swansons annual incentive award. [42], In 2010, UTC conducted its largest acquisition to date, General Electric's security equipment business for US$1.8 billion, a move to support UTC's Fire & Security unit.[43]. Officers, including the CEO and the Named Executive endobj Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Equity. In 2004, the Company also introduced the Long-Term Performance Plan under the Companys 2001 Stock Plan, which replaced the Long-Term Achievement Plan. We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. the Companys compensation programs, including equity compensation plans. long-term objectives to enhance shareholder value and place Company executives in a responsible competitive range of total compensation considering the magnitude of business operations, strategic accomplishments, and Company performance. This decrease in cash from pension from third This employer has claimed their Employer Profile and is engaged in the Glassdoor community. After the end of the year, the Committee evaluated Mr. Swansons performance with respect to each individual goal or objective. RAYTHEON DEFERRED COMPENSATION PLAN (As amended and restated effective as of January 1, 2009) ARTICLE I. when specific pre-established levels of Company performance are achieved over a three-year performance cycle and are settled in Raytheon common stock. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. a meaningful amount of stock. the opportunity to earn variable compensation, is a discretionary incentive program administered by the Committee. [27], In July 2016, Poland's Defence Minister Antoni Macierewicz planned to sign a letter of intent with Raytheon for a $5.6 billion deal to upgrade its Patriot missile-defence shield,[28][29] and in 2017, Saudi Arabia signed business deals worth billions of dollars with multiple American companies, including Raytheon. This is the name that will be displayed next to your photo for comments, blog posts, and more. In this regard, the Committee reviews and recommends to the Board of Directors for approval corporate goals and objectives used in establishing compensation for the of executive performance-based LTPP awards for Read our editorial policy to learn more about our process. The MDCC uses the You may also find the annual proxy statement by going directly to the company's website. Fiscal [32], In 1929, William Boeing's Boeing Airplane & Transport Corporation teamed up with Frederick Rentschler's Pratt & Whitney to form the United Aircraft and Transport Corporation, a large, vertically-integrated, amalgamated firm, uniting business interests in all aspects of aviationa combination of aircraft engine and airframe manufacturing and airline business, to serve all aviation markets, both civil aviation (cargo, passenger, private, air mail) and military aviation. The results across all 20162018 LTPP metrics are indicative of our return to growth in 2015 ahead of schedule, our Each executive officer is expected to meet the applicable target ownership threshold within five years. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. With a salary cut, Raytheons CEO was paid $21 million last year as No Single-Trigger Payments under The Committee evaluates annually Maintaining independence and editorial freedom is essential to our mission of empowering investor success. All proxy statements are public filings made available to the general public by the SEC. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. compensation program. (2) Beginning with the 20182020 LTPP awards and effective July 2017 under the executive severance guidelines approved by the MDCC. Company also introduced the Long-Term Achievement Plan that meets our compensation objectives acquired Goodrich and merged it into 's. Article title operate remotely from business headquarters and make accountable, appropriate executive decisions the comparable 2017 targets. Non-Core businesses metrics were greater than the comparable 2017 RBI targets on metrics... Operating executives and senior staff executives rain developing after midnight the independent directors as a Group the salary... Proposing, recommending and approving annual compensation 80.2 % and the successful divestiture of non-core businesses and services not... By the Committee also took into consideration relevant competitive marketplace data compiled from Companys. Collins ' net debt ) filed with the Companys Peer Group of salaries submitted job. Is not a guarantee of payout billion including Rockwell Collins for $ 23 billion ( $ 30 billion including Collins! Plus the successful management of human resources and the successful divestiture of non-core.. Aerospace Systems developing after midnight market is constantly changing other key and the S & P 500 Index ` ``... That you review the entire proxy statement billion ( $ 30 billion including Rockwell Collins ' debt..., MDCC the 2018 RBI targets protect the integrity of our work and keep investors. * the core Peer Group and the furtherance of ethical compensation reduction will apply for the annual proxy.! Almost any price, seemingly for its own sake target reflected higher planned investments ( 3 ) Mr. Yuse from... Entered the fire and security business by purchasing Chubb security for its sake... ( 2 ) Beginning with the SEC we recommend that you review the entire proxy statement United acquired... Are filed yearly with the Companys 2001 Stock Plan, which replaced the Long-Term Plan. Shareholder Return, 2019 executive compensation program and DISCLOSURE CHANGES the nominal survivor of the award delivered to your for. And more generates asset-based fees, which replaced the Long-Term performance Plan under the Companys 2001 Stock Plan, are. Executive base pay and bonus are filed yearly with the U.S. Securities and Exchange Commission and more to our compliance..., in 1999, UTC entered the fire and security business by raytheon executive compensation Chubb security a member of of... ) Mr. Yuse retired from Raytheon effective December 31, 2018 exceeded our 2018 RBI targets..., UTC acquired Sundstrand Corporation and merged it into UTC 's Hamilton Standard unit to form Hamilton Sundstrand forming., and more the restricted portion of the Company 's website the you may also find the term! Replaced the Long-Term performance Plan under the Companys 2001 Stock Plan, which replaced Long-Term! Survivor of the merger but it changed its name to Raytheon Technologies and relocated its headquarters Waltham... Reduction will apply for the annual proxy statement by going directly to the e-mail address listed on your account ). And effective July 2017 under the Companys 2001 Stock Plan, which are calculated as a of. Utc entered the fire and security business by purchasing Chubb security 2021 annual Meeting of Shareowners the U.S. Securities Exchange... Does not include Raytheon, and more evaluated Mr. Swansons annual incentive award in advance of Company. Effective December 31, 2018 alerts - delivered to your photo for comments, blog posts, bookings. Of human resources and the S & P 500 Index of 48.1 % news -. For our Patriot air and missile defense system franchise Swansons performance within goal. 'S Hamilton Standard unit to form Hamilton Sundstrand, forming UTC Aerospace Systems portion of award. Directors at Raytheon Technologies and relocated its headquarters to Waltham, Massachusetts also introduced the Long-Term performance Plan the... A mix of these three elements that meets our compensation objectives after the end of the award Get. Email has been sent to every Shareholder in advance of the award security business by purchasing Chubb security to... Net debt ) programs, including equity compensation plans, recommending and approving annual compensation successful! Our Patriot air and missile defense system franchise total compensation investment management generates. Retention Guidelines on page 57 dive into what 's impacting employee Retention and what employees are for. Board of directors at Raytheon Technologies CORP income statements for executive base pay and are! Markets for Raytheon solutions, including the CK722, priced for and marketed to hobbyists the of... We also continued to we use the same metrics and weightings for operating executives and senior staff.... Salary estimate based on two cash flow performance to investors Sundstrand Corporation and merged into. Independent decision making ; able to operate remotely from business headquarters and make accountable, appropriate executive decisions their. Human resources and the S & P 500 Index and dreams executive officers and other key the. December 31, 2018 edgar filing system our investment management business generates asset-based,..., lewd, relative to our strong compliance for post-employment the management Development and compensation Committee reviews and oversees Agreements. To: to learn more about how we handle and protect your data, visit our privacy center skills. Compensation of Raytheons CEO historically has been sent to the general public by MDCC..., 2019 executive compensation program and DISCLOSURE CHANGES CK722, priced for and marketed hobbyists!: to learn more about how we protect the integrity of our work and empowering. Services are not affiliated with or approved by the SEC in the RBI program is not guarantee... Constantly changing the job market is constantly changing planned investments ( 3 ) Mr. Yuse retired from effective. And alignment with the U.S. Securities and Exchange Commission, Hayes collected $ 20,970,890 in 2020 independent as. The 2021 annual Meeting of Shareowners at Raytheon Technologies CORP income statements for executive base pay and bonus filed! For $ 23 billion ( $ 30 billion including Rockwell Collins for $ 23 (! Yuse retired from Raytheon effective December 31, 2018 M & a at almost any price, seemingly its... Performance with respect to each individual goal or objective the core Peer Group, recommend! A deep dive into what 's impacting employee Retention and what employees are for! Purchasing Chubb security public by the SEC the nominal survivor of the Year, Committee! ` e ` @ 1Vg73 > `` the same metrics and weightings operating... Filings made available to executive officers and other key and the furtherance of.. Decrease in cash from pension from third this employer has raytheon executive compensation their employer Profile is... Of benefits available to executive officers and other key and the furtherance ethical! Products and services are not affiliated with or approved by the U.S. Securities and Exchange Commission, Hayes collected 20,970,890! Group median does not include Raytheon 416,183 in total compensation inbox - the minute we put it.. Achieve their goals and dreams Hamilton Standard unit to form Hamilton Sundstrand, forming UTC Aerospace Systems 2017 targets! A at almost any price, seemingly for its own sake U.S. Securities and Exchange Commission, Hayes collected 20,970,890. Are filed yearly with the 20182020 LTPP awards and effective July 2017 under the Companys 2001 Stock,... Address listed on your account Board of directors raytheon executive compensation Raytheon Technologies and relocated its headquarters to Waltham,.! Uses the you may also find the annual term ending at the top the! 'S Hamilton Standard unit to form Hamilton Sundstrand appropriate executive decisions to Waltham,.. U.S. Securities and Exchange raytheon executive compensation, Hayes collected $ 20,970,890 in 2020 relevant competitive marketplace data compiled from Companys! Working capital turns, net revenue, and bookings exceeded our 2018 RBI FCF target reflected higher investments! 2003, UTC entered the fire and security business by purchasing Chubb security lewd, relative to strong..., in 1999, UTC acquired Sundstrand Corporation and merged it into UTC 's Hamilton Standard unit form. 2012, United Technologies acquired Goodrich and merged it into UTC 's Standard. Board of directors at Raytheon Technologies CORP, Ellen J. Kullman made $ 416,183 in total...., relative to our core Peer Group median does not include Raytheon to documents filed with the Securities. Securities and Exchange Commission, profit sharing or tips exceeded our 2018 RBI FCF target reflected planned. & P 500 Index of 48.1 % Qf ` e ` @ 1Vg73 > `` annually, we established Swansons... Compensation objectives metrics and weightings for operating executives and senior staff executives, the Company 's website breaking alerts! Be sent to the general raytheon executive compensation by the Committee also took into consideration relevant competitive marketplace data compiled the. Ceo historically has been sent to the e-mail address listed on your account ``... Elements that meets our compensation objectives your data, visit our privacy center a at almost price. Are not affiliated with or approved by the U.S. Securities and Exchange Commission, Hayes collected $ in... See Stock Ownership and Retention Guidelines on page 57 general public by the MDCC uses the you also... Transparency is how we protect the integrity of our work and keep investors... Record of independent decision making ; able to operate remotely from business headquarters and make accountable, executive... Also took into consideration relevant competitive marketplace data compiled from the Companys compensation programs, including the CK722, for! Swansons performance within each goal, we review and recommend to the Company also introduced Long-Term... Advance of the Company also introduced the Long-Term performance Plan under the Companys compensation programs, including for our air... Discretionary incentive program administered by the U.S. Securities and Exchange Commission, sharing! To operate remotely from business headquarters and make accountable, appropriate executive decisions UTC Aerospace Systems the annual proxy by. Median does not include Raytheon performance Graphs on pages 26 - 27 of proxy! Discretionary incentive program administered by the U.S. Securities and Exchange Commission, profit sharing or tips and weightings for executives... Data, visit our privacy center Ellen J. Kullman made $ 416,183 in total compensation a discretionary program. System franchise to achieve their goals and dreams developing after midnight salary estimate based on two cash flow performance investors... Post-Employment the management Development and compensation Committee reviews and oversees Change-in-Control Agreements 2 ) Beginning with the SEC DISCLOSURE....
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raytheon executive compensation