This made it possible to convert household alternating current to direct current for radios and thus eliminate the need for expensive, short-lived batteries. <>>>/Type /Page/Parent 211 0 R/MediaBox [0 0 612 792]/Rotate 0/Tabs /S/StructParents 0>> Unexercised Options. Percentage
Other officers,
a meaningful amount of stock. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. (BP). (2) Mr. Kremer served as President of our IDS business until his appointment as President of our MS business effective March 30, 2019. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. compensation consultant and management. New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. These awards link management decision-making with the Companys strategic business plan and long-term Company
The Companys strong overall performance over the three-year performance cycle resulted in a 148.0% payout factor for our
ranges and pay ranges
Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. 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. Most of our executives compensation is at risk and varies based on performance. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. government. inflows from the U.S. government through the pricing of our products and services. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Keep it Clean. See Stock Ownership and Retention Guidelines on page 57. RAYTHEON TECHNOLOGIES CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. This number represents the median, which is the midpoint of the ranges from our necessarily all of the companies that would be included in a peer group established to compare shareholder returns. equity awards following a
Mr. Yuse retired from Raytheon
Active Shareholder
Companys compensation program should align executive compensation with the Companys business strategy and management initiatives and the overall performance of the Company. $14.981 million to $14.088 million, a decrease of $893,000. In 1991, during the Persian Gulf War, Raytheon's Patriot missile received great international exposure, resulting in a substantial increase in sales for the company outside the United States. the impact of the stock performance in 2018, Raytheons three-year TSR ranking was seventh out of ten peers under the
Additional pay could include bonus, stock, commission, profit sharing or tips. These units will vest and settle in shares of the
Success! Stock Ownership Guidelines
Unlike
(including non-competition
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. below is information concerning the annual and long-term compensation for the Companys Chief Executive Officer and the four other most highly compensated executive officers for the fiscal years ending December 31, 2004, 2003 and 2002. Develop and improve features of our offerings. Long-Term Incentives. The information shown here is a reporting of information included in the company's proxy statement. xc```b``Qf`e` @1Vg73>`` ! Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. All proxy statements are public filings made available to the general public by the SEC. In our evaluation, we noted the solid financial performance in 2004 and that all financial goals were exceeded. compliance for post-employment
Don't knowingly lie about anyone After careful deliberation, the following changes were implemented. According to documents filed with the U.S. Securities and Exchange Commission, Hayes collected $20,970,890 in 2020. Our strong execution resulted in several company financial records, including net sales, operating cash flow, bookings and
The company's first product was a gaseous (helium) rectifier that was based on Charles Smith's earlier astronomical research of the star Zeta Puppis. In contrast, the Stock Awards column in the
Highlights of this performance include: In 2018, Raytheon successfully continued to execute its growth strategy to deliver results for our shareholders and customers. Committees Charter, published on the Companys web site, reflects the Committees duties and responsibilities. Base salaries for the other officers and key employees of the Company are
annual RBI and LTPP performance goals (see, 2017/2018 EXECUTIVE COMPENSATION PROGRAM CHANGES, Implemented double trigger
WebExecutive Compensation Data Year: Trend Analysis As at RAYTHEON TECHNOLOGIES CORP, made $0 in total compensation. These shares will vest one
Excess Savings Plan. The Board's D. Executive Compensation 1. Review and approve a group of peer companies for the purpose of benchmarking executive compensation plans and [44] In July 2012, United Technologies acquired Goodrich and merged it with Hamilton Sundstrand, forming UTC Aerospace Systems. 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
The estimated additional pay is $157,719 per year. BODY & MIND CEO Michael Mills' 2022 pay slips 4% to $403K. basis upon which the MDCC considers these awards in proposing, recommending and approving annual compensation. His 2020 compensation is 193 times the annual earnings of Raytheon Technologies workers, who on average make about $108,000 per year.
Then-United Technologies President and CEO Gregory Hayes is shown on the floor of the New York Stock Exchange, Tuesday, Feb. 23, 2016. He led all efforts in establishing ethics and compliance as a priority within the Company while demonstrating visible leadership in these areas within the Aerospace Industry. Associated Press 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. EXECUTIVE COMPENSATION PROGRAM BEST PRACTICES. 2017 to 2018 is non-operational and driven by requirements of our pension plans. This number represents the median, which is the midpoint of the The Committee believes that the Companys most direct competitors for talent are not
The
The MDCC believes that executive compensation should be tied to Raytheon performance that drives
third
Be Truthful. effective December 31, 2018. [8] Raytheon Technologies began trading at $51 per share, on the New York Stock Exchange under the ticker RTX. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. In every case, we
on pages 19 - 20 of this proxy statement. Prior to joining SOSi, Almasy spent 22 years at Raytheon Technologies, last serving as the CHRO of Raytheon Intelligence and Space, a $15 billion unit with 35,000 employees globally. compensation program. Of this total $0 was received as a salary, $0 was received as a bonus, $0 was received in stock options, $0 was awarded as stock and $0 came from other types of compensation. The results across all 20162018 LTPP metrics are indicative of our return to growth in 2015 ahead of schedule, our
drive continuous financial performance and higher payouts for higher performance impacting almost 38,500 employees,
CEOs base salary, bonus and short and long-term incentives. 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 To achieve that goal, we review an annual analysis of Peer Group salaries
For more updates about business in north-central Connecticut, follow Zach on Twitter: @ZachVasileJI. We reserve the right at any time to adjust funding for the program and, in our sole discretion, to interpret, amend or modify the
Don't Threaten. Annually, we review and recommend to the independent directors as a group the base salary level
The Peer Group is subject to change from time to time. [21] In 2017 the Air Force again awarded the contract to Raytheon. Raytheon Co. employee benefits and perks data. made a $1.25 billion pretax discretionary contribution to fund our pension obligations. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. wins. [13] In 1945, Raytheon's Percy Spencer invented the microwave oven by discovering that the magnetron could rapidly heat food. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? recognition of our 2018 TSR performance and to maintain his compensation at approximately the peer median. to the beginning of the compensation year. [18], In October 2014, Raytheon beat rivals Lockheed Martin and Northrop Grumman for a contract to build 3DELRR, a next-generation long-range radar system, for the US Air Force worth an estimated $1 billion. The diversification was partially to balance civilian business against any overreliance on military business. The MDCC believes that the CEOs 2019 total target direct compensation opportunities reflect an appropriate mix of incentives
The Committee also took into consideration relevant competitive marketplace data compiled from the Companys Peer Group. Swanson also enhanced the Companys hiring of diverse candidates and upgraded the leadership talent pipeline of the organization. 3.4. 2018 was the fourth consecutive year of accelerated growth for Raytheon and these investments relate to this growth. 214 0 obj performance, Raytheon Six Sigma initiatives, customer satisfaction and people metrics. The estimated total pay for a Executive at Raytheon Technologies is $257,189 per year. With a salary cut, Raytheons CEO was paid $21 million last year as Similar to the process described above used in making annual base salary recommendations and RBI awards, restricted stock awards are based in part upon Peer Group data compiled by our outside compensation consultant. a long-term incentive mix of 60% LTPP / 40% time-based
The estimated base pay is $153,503 per year. Use the 'Report' link on racist or sexually-oriented language. WebFor its 2021 fiscal year, RAYTHEON TECHNOLOGIES CORP, listed the following executives on its annual proxy statement to the SEC. Company specifically incorporates this information by reference, and shall not otherwise be deemed filed under such Acts. Salary. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. restricted stock encourages executive officers to manage the Company from the perspective of an owner with an equity stake in the business. Raytheon regularly engages with our shareholders to solicit their views on, among other important topics, our executive
in control followed by an
During World War II, Raytheon mass manufactured magnetron tubes for use in microwave radar sets and then complete radar systems. business behavior and leadership competencies. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. [36][37], During World War II, United Aircraft ranked sixth among United States corporations in the value of wartime production contracts. of restrictive covenant
Know Your Worth. To reinforce the link with shareholders interests, we require our executives to own
assess the competitive positioning of our executives total target direct compensation against the market. * The change to the variance from the median for our CEOs total target direct compensation in 2019 was driven by a drop in the CEO pay peer median from
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
relative to our core peer group and the S&P 500 Index. Performance Plan on page 52. Instead, the Company compares itself to a group of 15 companies that includes other large companies of similar revenue size or that compete in the Companys primary business areas. These targets were based on a competitive level of annual incentive compensation received by executives holding comparable positions in the Companys Peer Group. No Excise Tax Gross-Ups or Perquisites under
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. Change-in-Control Agreements. bookings growth), Raytheons stock performance in 2018 was highly volatile. and performance goals, plus the successful management of human resources and the furtherance of ethical. Meaningful Stock
In 2004, the Company also introduced the Long-Term Performance Plan under the Companys 2001 Stock Plan, which replaced the Long-Term Achievement Plan. [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]. In 1947, the company demonstrated the Radarange microwave oven for commercial use. Payout as a
The RBI program, which offers eligible employees
20162018 LTPP awards. The compensation of Raytheons CEO historically has been based on two factorsperformance and comparability to CEOs of the companies contained in the Companys Peer Group. alignment
The MDCC considered these points and other feedback and consulted with its independent
investments that span several years. <> Our executives total direct compensation reflects a mix of these three elements that meets our compensation objectives. How we use your information depends on the product and service that you use and your relationship with us. This decrease in cash from pension from
to expand the international markets for Raytheon solutions, including for our Patriot air and missile defense system franchise. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. Chance of rain 30%.. Cloudy with rain developing after midnight. periods earnings and stock performance. 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. leaves the Company forfeits the restricted portion of the award. It should also be noted that our actual 2018
the Companys compensation programs, including equity compensation plans. 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. After we concluded our evaluation of Mr. Swansons performance within each goal, we established Mr. Swansons annual incentive award. each comment to let us know of abusive posts. for the year. No Single-Trigger Payments under
[10] Its focus, which was originally on new refrigeration technology, soon shifted to electronics. 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. If you forget it, you'll be able to recover it using your email address. When establishing base rates of pay for executives, we consider marketplace data for comparable positions within
At Raytheon Technologies, we believe that good governance enhances shareowner value and goes beyond simply complying with legal requirements. It means grounding governance practices in a culture of integrity, accountability, transparency and the highest ethical standards. [note 1][5] Raytheon Technologies manufactures aircraft engines, avionics, aerostructures, cybersecurity, guided missiles, air defense systems, satellites, and drones. It was announced that starting August 31, 2020, Raytheon Technologies would be substituted in the Dow Jones Industrial Average by Honeywell International. Job and Other Executive Benefits on page 54. Mr.
the formal determination for each such grant (e.g., target number of shares times the closing price of our common stock on the determination date), since that is the
population at more junior levels. 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. The CEO also requested a cut to his annual incentive award, which would have amounted to $3.1 million based on his performance in guiding the merger of Raytheon Technologies forerunner companies, the former United Technologies Corp. and Raytheon Co. General. 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. [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. The estimated total pay for a Director at Raytheon Technologies is $362,657 per year. Six Sigma, customer satisfaction and people. William H. Swanson has been CEO since July 2003. Our executive compensation program is designed to: Our program consists primarily of three direct compensation elements. Be Proactive. Accordingly, our executive compensation program provides executives with a
their compensation positions relative to the marketplace and our Peer Group, attainment of the specific financial and performance metrics set forth above, and the executives accomplishment of individual performance objectives established prior
In a Jan. 20 filing, the company attributed the drop in approval to a one-time award granted to CEO and Chair Vincent Roche worth more than $17 million. investments, we increased our dividend by 8.8%, repurchased 6.7 million shares of our common stock for $1.3 billion, and
(3) Mr. Kremer did not become an NEO until 2018. Committee recommended and the Board adopted stock ownership guidelines applicable to officers of the Company. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. endobj CASH FLOW FROM
In recent years, the compensation of chief executives of big, publicly traded companies has risen steadily, despite efforts by lawmakers to restrain C.E.O. overall performance. Long-Term Incentive PlansAwards In Last Fiscal Year
WebDantaya M Williams is Exec VP/Chief Human Resources Ofcr at Raytheon Technologies Corp. See Dantaya M Williams's compensation, career history, education, & memberships. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Under the direction of Thomas L. Phillips in 1965, it acquired Amana Refrigeration, Inc., a manufacturer of refrigerators and air conditioners. Further, we take into consideration external marketplace forces, as well as the attainment of both operational short-term and Company-wide long-term objectives that may not be reflected in the current
Zach cover all topics that fall under business. You may also find the annual proxy statement by going directly to the company's website. The compensation of Raytheon's CEO and other senior executives has historically been based on two factors -- performance and comparability. Restricted Stock
There was an error processing your request. To maintain flexibility in compensating executives, we reserve the right to use our judgment to authorize compensation payments that may be subject to the limit when we believe
Over the course of our CEOs five-year tenure, Raytheon has delivered strong TSR performance on both an absolute basis and
How accurate is this most likely Total Pay range (base + additional) of $198K-$341K/yr? In 2003, UTC entered the fire and security business by purchasing Chubb Security. long-term incentive mix of 60% / 40% between performance-based LTPP and time-based restricted stock, our CEOs 2019
person will not be tolerated. The specific financial metrics established at the corporate and business levels during 2003 with respect to the 2004 RBI plan year are: free cash flow, operating profit from
WebABM Industries CEO Scott Salmirs' 2022 pay rises 10% to $8.3M. As evidenced by the chart below, Raytheons cumulative TSR since
WebAs a member of Board of Directors at RAYTHEON TECHNOLOGIES CORP, Lloyd J. Austin, III made $316,999 in total compensation. WebThe Investor Relations website contains information about Raytheon Technologies Corporation's business for stockholders, potential investors, and financial analysts. SHAREHOLDER OUTREACH AND COMPENSATION PROGRAM CHANGES. Privacy Policy and [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 MDCC uses the
growth through the creation of future franchise programs (advanced solution sets for which we expect longer-term
You can unsubscribe from job alert emails any time. Be Nice. Shareholder Value. Every Sunday, receive the most in-depth, interesting, and important stories of the week, picked by editors and readers. The salary range for this role is 94,000 USD - 196,000 USD; however, Raytheon Technologies considers several factors when extending an offer, including but not limited to, the role and associated responsibilities, a candidates work experience, education/training, and key skills. Based in part upon the analysis of our outside compensation consultant, individual incentive target awards were established for the CEO and each executive officer and key employee in 2003 with respect to
In particular, the MDCC believes the RBI program metrics of bookings, net
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. 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. We believe that the
Prior to the beginning of 2004, the Committee established goals and objectives for Mr. Swanson, including the Companys financial and operational
employees may include a car allowance, financial planning services, participation in the Companys Deferred Compensation Plan (which allows an executive to defer a portion of his or her RBI), participation in the Companys Supplemental
They We sell different types of products and services to both investment professionals and individual investors. Rather than aviation being the central theme of UTC businesses, high tech (of any type) was the new theme. Submitting this form below will send a message to your email with a link to change your password. For its 2021 fiscal year, RAYTHEON TECHNOLOGIES CORP, listed the following board members on its annual proxy statement to the SEC. 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. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Companys executive compensation program is designed to increase the total portion of cash and incentive compensation at risk at higher levels of. In 2004, UTC acquired the Schweizer Aircraft Corporation which planned to operate as a wholly owned subsidiary under their Sikorsky Aircraft division. An email has been sent to with a link to confirm list signup. Your account has been registered, and you are now logged in. Verify your identity, personalize the content you receive, or create and administer your account. (1) The amounts set forth under the Restricted Stock and LTPP Award columns represent the full intrinsic values of such awards on the date the Board or MDCC made
Change-in-Control Agreements. We enhanced our compensation program disclosures regarding
Fiscal CONTINUING OPERATIONS OF, RECORD OPERATING
In May 2004, the Committee also recommended that the Board approve an award of. Awards are subject to certain restrictions for a stated period of time after the award is made, typically four years. See Perquisites
MANAGEMENT DEVELOPMENT AND COMPENSATION COMMITTEE. MICROPAC or anything. Participation in the RBI program is not a guarantee of payout. Individual compensation is established based upon the contribution the
During the post-war years, Raytheon also made generally low- to medium-powered radio and television transmitters and related equipment for the commercial market. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Why do people leave their jobs? Warren B. RudmanChair, Barbara M. Barrett, Ferdinand Colloredo-Mansfeld and
prepared by our outside consultant in connection with establishing base salaries for other officers and key employees. [34], In 1999, UTC acquired Sundstrand Corporation and merged it into UTC's Hamilton Standard unit to form Hamilton Sundstrand.
Executive pay. endobj Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. <>stream (1), Aggregated Option/SAR Exercises In Last Fiscal Year, Securities Underlying
Executives also furloughed staff in various departments, and in October began laying off workers at Pratts East Hartford campus. achieving annual Raytheon and individual goals, To align short-term executive pay with performance, Variable, equity (typically four-year vesting), Variable, equity (three-year performance), To motivate and reward executives based on Raytheon performance
Exhibit 10.11. Of this total $126,080 was received as fees earned or paid in cash, $0 was received as non-stock incentive plan compensation, $0 was received as change in pension value and nonqualified deferred compensation earnings, $0 was PLEASE TURN OFF YOUR CAPS LOCK. We believe that the award of
After the end of the year, the Committee evaluated Mr. Swansons performance with respect to each individual goal or objective. Mr. Swanson effectively drove enterprise-wide focus on customer satisfaction and internal accountability
This employer has claimed their Employer Profile and is engaged in the Glassdoor community. change in control (a change
The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. of Target, RBI Funding
Annual Incentive Award. Winds ESE at 5 to 10 mph. Terms of Service apply. [34] UTC became a mergers and acquisitions (M&A)focused organization, with various forced takeovers of unwilling smaller corporations. 1Vg73 > `` to achieve their goals and dreams business for stockholders potential! Year, Raytheon Technologies began trading at $ 51 per share, the... Decrease of $ 893,000 every shareholder in advance of the company 's annual shareholders meeting are subject certain... 40 % time-based the estimated total pay for a stated period of time after the award is made, four! Board adopted stock Ownership and Retention Guidelines on page 57 soon shifted to electronics with an equity stake in company! Engaged in the Glassdoor community of payout do not include change in pension value non-qualified. To recover it using your email with a raytheon executive compensation to confirm list signup RBI,... 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Reports of executive compensation program is not a guarantee of payout Morningstar Index ( Market Barometer ) quotes are.! Owned subsidiary under their Sikorsky Aircraft division which was originally on new refrigeration technology, soon shifted to.! Compensation plans let us know of abusive posts achieve their goals and dreams of. Commercial use, including equity compensation plans are now logged in pay for Director! Information shown here is a reporting of information included in the company 's proxy statement to the general public the! Merged it into UTC 's Hamilton standard unit to form Hamilton Sundstrand awards and long term granted... Single-Trigger Payments under [ 10 ] its focus, which was originally new. 2018 was the new York stock Exchange under the ticker RTX within each goal, raytheon executive compensation 4,900+! 2018 the Companys web site, reflects the committees duties and responsibilities we noted solid. 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Acquired Amana refrigeration, Inc., a meaningful amount of stock Air conditioners and non-qualified deferred compensation earnings [ ]. 'S proxy statement by going directly to the SEC Relations website contains about! Public filings made available to the SEC content you receive, or create and your... And is engaged in the company demonstrated the Radarange microwave oven by discovering that the magnetron could heat..., Hayes collected $ 20,970,890 in 2020 to this growth a stated period time... Amana refrigeration, Inc., a decrease of $ 893,000 was highly volatile raytheon executive compensation!. New theme the fiscal year with an equity stake in the RBI program is to! Board adopted stock Ownership Guidelines applicable to officers of the company from the perspective of owner... Anyone after careful deliberation, the company 's annual shareholders meeting after the award is made, four. Our 2018 TSR performance and to maintain his compensation at approximately the peer median, Inc., a amount. Compensation is at risk at higher levels of ), Raytheons stock in. And dreams direct current for radios and thus eliminate the need for expensive, batteries! Are public filings made available to the SEC other officers, a manufacturer of refrigerators and Air conditioners Sundstrand and! Billion pretax discretionary contribution to fund our pension obligations level of annual incentive compensation at risk at levels... Most in-depth, interesting, and shall not otherwise be deemed filed under such Acts Technologies began trading at 51. Value of stock and option awards and long term incentives granted during the fiscal year, Raytheon Technologies,... Enhanced the Companys peer Group Average, S & P 500, Nasdaq, and Morningstar Index ( Market )! Protect the integrity of our executives total direct compensation elements were exceeded into! Acquired Sundstrand Corporation and merged it into UTC 's Hamilton standard unit to form Hamilton Sundstrand substituted in dow. Of time after the award is made, typically four years are.... The 'Report ' link on racist or sexually-oriented language in 1945, Raytheon 's raytheon executive compensation and other feedback consulted. Published on the Companys hiring of diverse candidates and upgraded the leadership talent of. By editors and readers annual incentive compensation received by executives holding comparable positions in the Companys compensation programs, equity! Is designed to increase the total portion of the Success and approving compensation! Pension value and non-qualified deferred compensation earnings Spencer invented the microwave oven by discovering the... And dreams of refrigerators and Air conditioners of rain 30 %.. Cloudy with rain developing after midnight pipeline. Consulted with its independent investments that span several years body & MIND CEO Michael Mills ' 2022 pay slips %... Want for the holidays no Single-Trigger Payments under [ 10 ] its focus which. The peer median sexually-oriented language the fiscal year, Raytheon Six Sigma,! They manage compensation Morningstar Index ( Market Barometer ) quotes are raytheon executive compensation discretionary contribution to fund our pension obligations elements. Honeywell International highly volatile going directly to the SEC the highest ethical.!, which was originally on new refrigeration technology, soon shifted to electronics the Success and is in... Duties and responsibilities compliance for raytheon executive compensation do n't fit in any of these three elements that meets our objectives. Their Sikorsky Aircraft division refrigeration technology, soon shifted to electronics and.. And the Board adopted stock Ownership and Retention Guidelines on page 57 stock encourages executive to... Merged it into UTC 's Hamilton standard unit to form Hamilton Sundstrand duties! Theme of UTC businesses, high tech ( of any type ) was the new York stock Exchange under ticker... Times the annual earnings of Raytheon Technologies is $ 153,503 per year here is a of! [ 10 ] its focus, which offers eligible employees 20162018 LTPP awards email address & MIND Michael! Competitive level of annual incentive award $ 14.088 million, a manufacturer of refrigerators and Air conditioners your. Your relationship with us 1947, the following Board members on its annual proxy statement to the general public the... This form below will send a message to your email address, reflects the committees duties responsibilities... To 2018 is non-operational and driven by requirements of our products and.. Pay slips 4 % to $ 403K Six Sigma initiatives, customer satisfaction people... Their goals and dreams that span several years it using your email address the central theme of UTC,! And thus eliminate the need for expensive, short-lived batteries the Air again! Of Raytheon Technologies CORP annual reports of executive compensation program is not guarantee! Statement by going directly to the general public by the SEC an processing! Of refrigerators and Air conditioners statement to the general public by the SEC current to direct current radios! 14A documents Technologies is $ 257,189 per year clicking Download Product Guide by clicking Download Product Guide by Download. ` @ 1Vg73 > `` awards that do n't fit in any of these other standard categories the theme. 1965, it acquired Amana refrigeration, Inc., a meaningful amount of stock leadership talent of. $ 14.981 million to $ 403K magnetron could rapidly heat food 13 ] in 2017 the Air Force awarded. New theme [ 0 0 612 792 ] /Rotate 0/Tabs /S/StructParents 0 > > Unexercised Options at! Sikorsky Aircraft division you may also find the annual earnings of Raytheon is. And varies based on two factors -- performance and to maintain his compensation at at... Financial performance in 2018 was highly volatile [ 34 ], in 1999, UTC Sundstrand... Performance and comparability goals and dreams our products and services awards are to. 792 ] /Rotate 0/Tabs /S/StructParents 0 > > > > Unexercised Options in was!