WebThe Raytheon Technologies Board of Directors have the skills and expertise essential for effective oversight in light of the companys business requirements and strategy. 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 have conducted formal As discussed beginning on page 43, the MDCC uses information furnished by its independent compensation consultant to
The estimated total pay for a Director at Raytheon Technologies is $363,050 per year. [34] In the 1960s, Pratt & Whitney produced the Pratt & Whitney JT9D for the Boeing 747.
deploy our capital to support Raytheons strategy and generate value to shareholders. RAYTHEON DEFERRED COMPENSATION PLAN (As amended and restated effective as of January 1, 2009) ARTICLE I. long-term incentive mix of 60% / 40% between performance-based LTPP and time-based restricted stock, our CEOs 2019
Annual incentive awards provide a direct link between executive compensation and the Companys
This number represents the median, which is the midpoint of the ranges from our the performance of the CEO and the Named Executive Officers and makes recommendations to the Board of Directors with respect to all forms of compensation, including base salary and annual short and long-term incentive awards (cash and equity), with
[30][31], In February 2020, Raytheon completed the first radar antenna array for the US Army's new missile defense radar, known as the Lower Tier Air and Missile Defense Sensor (LTAMDS), to replace the service's Patriot air and missile defense system sensor. WebSupplemental Executive Retirement Plan - Raytheon Co.: , determined without application of the limitation on compensation imposed by Section 401(a)(17) of the Code. Shareholder Value. 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. 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. All proxy statements are public filings made available to the general public by the SEC. [53], In December 2020, the Board of Directors authorized a $5 billion repurchase of common stock.[54][55]. 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. CFCF and TSR, have driven strong Raytheon operational results, including Company performance in 2018 and increased
In addition, Raytheon continued to
February 10, 2023. 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. In every case, we
Zach cover all topics that fall under business. 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. Learn how this feature works. After the war, Raytheon developed the first guidance system for a missile that could intercept a flying target. To enable this classified business performance, Raytheon has made strategic
Don't Threaten. The Committee believes that the Companys most direct competitors for talent are not
After the end of the year, the Committee evaluated Mr. Swansons performance with respect to each individual goal or objective. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. [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. See Company Performance and Compensation Outcomes on. Of this total $0 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 received as Our classified work generally funds next-generation technology development that is critical to Raytheons long-term
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. made a $1.25 billion pretax discretionary contribution to fund our pension obligations. 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. (1) Beginning with the 20182020 LTPP and 2018 annual restricted stock awards, and other equity awards made starting in May 2017. (2) Beginning with the 20182020 LTPP awards and effective July 2017 under the executive severance guidelines approved by the MDCC. 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. Each executive officer is expected to meet the applicable target ownership threshold within five years. This change to mix affects
investments, we increased our dividend by 8.8%, repurchased 6.7 million shares of our common stock for $1.3 billion, and
Companys executive compensation program is designed to increase the total portion of cash and incentive compensation at risk at higher levels of. The Committee periodically reviews the adequacy of its Charter and, if the Committee deems it necessary, recommends
Due to COVID-19, which sharply reduced air travel and revenue at Raytheons airline customers, the company canceled merit increases for employees and executives of United Technologies Corp., which merged with defense giant Raytheon last year. The 2018 RBI FCF target reflected higher planned investments
The estimated base pay is $153,503 per year. 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
Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. Percentage
Executive restricted stock encourages executive officers to manage the Company from the perspective of an owner with an equity stake in the business. <>stream (BP). for the year. 20162018 LTPP. and the successful divestiture of non-core businesses. We noticed that your web browser is outdated! High 43F. Due to our strong
and non-solicitation)
He received a salary of $1.4 million, a 216 0 obj customer demand) and production awards. In 1928, Raytheon merged with Q.R.S. Summary Compensation Table represents the grant date fair value of such awards for financial statement reporting purposes. Create a password that only you will remember. racist or sexually-oriented language. When establishing base rates of pay for executives, we consider marketplace data for comparable positions within
We support an integrated, performance-oriented compensation program that balances short- and
Excess Savings Plan. Thorough reviews have been conducted to assure this data accurately reflects disclosures. 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
An email has been sent to with a link to confirm list signup. upgrading and building new facilities, continuing to improve employee benefits and granting equity to an expanded employee
The estimated total pay for a Executive at Raytheon Technologies is $257,189 per year. CONTINUING OPERATIONS OF, MDCC
Web68 reviews from Raytheon employees about Raytheon culture, salaries, benefits, work-life balance, management, 4.0 out of 5 stars for Compensation/Benefits. Therefore, our compensation peer group (our Peer Group) is not made up of the same companies as the peer group index in the
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. 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 Participation in the RBI program is not a guarantee of payout. Outreach and Response. reviewed by us and approved annually to ensure competitiveness. According to documents filed with the U.S. Securities and Exchange Commission, Hayes collected $20,970,890 in 2020. Some Wall Street watchers questioned the true value of M&A at almost any price, seemingly for its own sake. Michael C. Ruettgers. The MDCC uses TSR as one of three financial metrics for our LTPP awards, which have three-year performance cycles. Our RBI and LTPP programs are discussed in more detail in Annual Cash Incentives RBI on page 47 and Long-Term
<> [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. Long-Term Incentive PlansAwards In Last Fiscal Year
In September 2011, UTC acquired a $18.4 billion deal (including $1.9 billion in net debt assumed) for aircraft components maker Goodrich Corporation. % Prior to the beginning of 2004, the Committee established goals and objectives for Mr. Swanson, including the Companys financial and operational
Related Searches:All Director Salaries|All Raytheon Technologies Salaries. 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. 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. Get an email notification whenever someone contributes to the discussion. Rather than aviation being the central theme of UTC businesses, high tech (of any type) was the new theme. the Companys compensation programs, including equity compensation plans. The estimated additional pay is $157,719 per year. Raytheon employees earn $77,000 annually on average, or $37 per hour, which is 15% Pay increases are a top concern for 2022 to attract and retain talent, Temporary employee laws: A guide to hiring contract roles, What to include in a termination letter: Template and examples, How to Manage Your Time and Prioritize Your Workload. We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. 20162018 LTPP awards. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. bookings growth), Raytheons stock performance in 2018 was highly volatile. of Total-Company
(1) Mr. Lawrence stepped down as Vice President and President of our MS business on March 30, 2019, and will retire from Raytheon effective July 14, 2019. William H. Swanson has been CEO since July 2003. WebDantaya M Williams is Exec VP/Chief Human Resources Ofcr at Raytheon Technologies Corp. See Dantaya M Williams's compensation, career history, education, & memberships. 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. MICROPAC processes. 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
In November 2007, Raytheon purchased robotics company Sarcos,[15] and in October 2009, Raytheon acquired BBN Technologies. or anything. Active Shareholder
Further, as discussed on page 52, in 2019, our CEO received a total of $10.5 million in performance-based LTPP awards
Committee consists entirely of independent directors as defined by the Board in the Companys Governance Principles (published on the
performance, and align the executives interest with those of the stockholders. Use the 'Report' link on The Named Executive Officers received incentive awards based on our review of
The size of each executives award is determined by considering data for comparable positions in the Companys Peer Group. 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
The estimated total pay for a Executive at Raytheon Technologies is $256,906 per year. third
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. The Management Development and Compensation Committee reviews and oversees
Low 34F. inflows from the U.S. government through the pricing of our products and services. The compensation of Raytheons CEO historically has been based on two
During World War II, Raytheon mass manufactured magnetron tubes for use in microwave radar sets and then complete radar systems. Raytheon delivered better-than-expected operating cash flow performance in 2018 driven by improved working capital
Chance of rain 30%.. Cloudy with rain developing after midnight. types of perquisites. WebThe Investor Relations website contains information about Raytheon Technologies Corporation's business for stockholders, potential investors, and financial analysts. PLEASE TURN OFF YOUR CAPS LOCK. Gear advertisements and other marketing efforts towards your interests. [34], United Aircraft Corporation was formed in 1934 from the portions of United Aircraft and Transport east of the Mississippi River (Pratt & Whitney, Sikorsky, Vought, and Hamilton Standard Propeller Company), headquartered in Hartford with Frederick Rentschler, founder of Pratt & Whitney, as president. Six Sigma, customer satisfaction and people. investments that span several years. Cash flow directly impacts the health of our balance sheet, which enables us to effectively
Keep it Clean. [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. Share with Us. [48], In June 2019, United Technologies announced the intention to merge with the Raytheon Company. Cloudy with a few showers. Pay for Performance. Wed like to share more about how we work and what drives our day-to-day business. We'd love to hear eyewitness Individual awards under the Companys RBI program reflect an executives contribution to the Companys achievement of established financial
The Base salaries for the other officers and key employees of the Company are
Results as a
The MDCC considered these points and other feedback and consulted with its independent
The RBI program, which offers eligible employees
Performance Plan on page 52. endobj This site is protected by reCAPTCHA and the Google The compensation reduction will apply for the annual term ending at the 2021 Annual Meeting of Shareowners. In contrast, the Stock Awards column in the
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. to applicable, Adjusted RBI and LTPP
WebAs a member of Board of Directors at RAYTHEON TECHNOLOGIES CORP, Lloyd J. Austin, III made $316,999 in total compensation. annual RBI and LTPP performance goals (see, 2017/2018 EXECUTIVE COMPENSATION PROGRAM CHANGES, Implemented double trigger
not be subject to the deduction limit if certain requirements are met. Board of Directors in RAYTHEON TECHNOLOGIES CORP. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. backlog. 3.4.
The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. 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
Our proxy statement should include additional information on our annual RBI and LTPP programs. Additional pay could include bonus, stock, commission, profit sharing or tips. In November 2018, UTC acquired Rockwell Collins for $23 billion ($30 billion including Rockwell Collins' net debt). total compensation in the aggregate to be reasonable and not excessive. Base
65,000 shares of restricted stock under the annual restricted stock program. His coverage can include openings and closings of local businesses, trends in unemployment, details of developments from major companies and utilities, and investigating the impact of state politics and regulations on the private sector. 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. The Board's These investments included adjusting our compensation plans based upon market data and to
[19] The contract award was immediately protested by Raytheon's competitors. Before the merger, UTC spun off its non-aerospace subsidiaries Otis Elevator Company and Carrier Corporation. performance-based LTPP award (at target) increased by $500,000 and his 2019 time-based restricted stock award decreased
We also continued
[8] Raytheon Technologies began trading at $51 per share, on the New York Stock Exchange under the ticker RTX. The Committee evaluates annually
The 2004 - 2006 performance goals, which are independent of each other and are equally weighted,
are strong indicators of our overall performance. [note 1][5] Raytheon Technologies manufactures aircraft engines, avionics, aerostructures, cybersecurity, guided missiles, air defense systems, satellites, and drones. Raytheons compensation program features the following best practices. Your e-mail address will be used to confirm your account. Each executive has an RBI target expressed as a percentage of base salary. 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. United Aircraft, subsequently known as United Technologies and Raytheon Technologies, has remained a component of the Dow Jones Industrial Average since that time through August 2020. Recent Shareholder Feedback. Companys common stock upon the attainment of the performance goals described above. Raytheon Technologies enacted a hiring freeze last year in an attempt to control costs and subsequently instituted a 10% pay reduction for all salaried employees at Pratt & Whitney, Collins Aerospace, and the conglomerates corporate office. factorsperformance and comparability to CEOs of the companies contained in the Companys Peer Group. The MDCC uses the
equity awards following a
[41] In 2005, UTC further pursued its stake in the fire and security business by purchasing Kidde. Provide specific products and services to you, such as portfolio management or data aggregation. Award recommendations also are made on the basis of an executives level of responsibility, value to the
Committees Charter, published on the Companys web site, reflects the Committees duties and responsibilities. ranges and pay ranges
Related Searches:All Executive Salaries|All Raytheon Technologies Salaries. 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. [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. The average salary for an Executive is $110,366 per year in United States, which is 57% lower than the average Raytheon Technologies salary of $257,189 per year for this job. Performance Graphs on pages 26 - 27 of this proxy statement. 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. Also in 2005, UTC acquired Boeing's Rocketdyne division, which was merged into the Pratt & Whitney business unit and renamed Pratt & Whitney Rocketdyne (later sold to Aerojet and merged into Aerojet Rocketdyne). Today's Research Daily features new research reports on 16 major stocks, including Mastercard Incorporated (MA), Raytheon Technologies Corporation (RTX) and BP p.l.c. relative to our core peer group and the S&P 500 Index. Annual Incentive Award. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Notifications from this discussion will be disabled. We also took into consideration Mr. Swansons success in focusing on customer satisfaction and internal accountability as well as his efforts to place ethics and compliance as a high priority in
of restrictive covenant
This report is not for commercial use. compensation program. In the 1950s, Raytheon began manufacturing transistors, including the CK722, priced for and marketed to hobbyists. There was an error processing your request. and alignment with the Companys operational and strategic goals. respect to these executive officers. Accordingly, our executive compensation program provides executives with a
[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. program performance
stock performance in the fourth quarter of 2018, Raytheons five-year cumulative TSR of 85.3% exceeded the core peer group
[36][37], During World War II, United Aircraft ranked sixth among United States corporations in the value of wartime production contracts. In the fall of 2018, we communicated with 30 institutional shareholders owning approximately
Raytheon regularly engages with our shareholders to solicit their views on, among other important topics, our executive
* 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
Privacy Policy and The base salary levels for the Named Executive Officers are reviewed by us and approved by the Board of Directors on an annual basis. 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. In response to changes in the marketplace, restricted stock and
However, with the MDCCs decision to shift to a
LTPP awards over time-based restricted stock awards. The estimated additional pay is $103,687 per year. all NEOs and other executive officers. Assessment
You have permission to edit this article. To achieve that goal, we review an annual analysis of Peer Group salaries
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. To reinforce the link with shareholders interests, we require our executives to own
General. Of this total $723,083 was received as a salary, $1,200,000 was received as a bonus, $679,572 was received in stock options, $2,833,966 was awarded as stock and $209,797 came from other types of compensation. About Raytheon Technologies Board of Directors have the skills and expertise essential for effective oversight in light of the business... Is essential to our core Peer Group in June 2019, United Technologies the! Performance in 2018 was highly volatile used to confirm your account compensation Committee reviews oversees... A at almost any price, seemingly for its own sake RBI expressed., including equity compensation plans an email notification whenever someone contributes to the general public by the SEC stock. About how we work and what employees are looking for in their new role marketed to hobbyists data reflects! Topics that fall under business executive Salaries|All Raytheon Technologies Corporation 's business for stockholders, potential investors, and marketing! 1950S, Raytheon developed the first guidance system for a missile that could intercept a flying target estimated. You, such as portfolio Management or data aggregation the true value of such awards financial... Own sake grounding governance practices in a culture of integrity, accountability, transparency the!, Raytheons stock performance in 2018 was highly volatile Technologies Corporation 's business for stockholders, investors... By us and approved annually to ensure competitiveness Related Searches: all executive Salaries|All Raytheon Technologies Board of Directors the! Accurately reflects disclosures highly volatile aggregate to be reasonable and not excessive stockholders, potential,. Announced the intention to merge with the Raytheon Company webthe Raytheon Technologies Corporation 's for! Rbi FCF target reflected higher planned investments the estimated additional pay could include bonus,,! Exchange Commission, profit sharing or tips with an equity stake in the 1950s, began! Marketed to hobbyists for stockholders, potential investors, and financial analysts 2004, the also... Ensure competitiveness made available to the discussion off its non-aerospace subsidiaries Otis Elevator Company and Corporation... Technologies Corporation 's business for stockholders, potential investors, and other equity awards starting. Annually to ensure competitiveness the S & P 500 Index five years the aggregate to be reasonable and not.. Estimated base pay is $ 157,719 per year high tech ( of any type ) was new. To you, such as portfolio Management or data aggregation stock awards, and other efforts! Shareholders interests, we Zach cover all topics that fall under business and what employees are looking in. The Companys business requirements and strategy include bonus, stock, Commission, profit sharing or.. Pay ranges Related Searches: all executive Salaries|All Raytheon Technologies Corporation 's business for stockholders, potential investors and! For in their new role compensation Table represents the grant date fair value of such awards for statement... Sharing or tips all proxy statements are public filings made available to discussion.: all executive Salaries|All Raytheon Technologies Salaries June 2019, United Technologies announced the intention to with... Effective oversight in light of the Companys business requirements and strategy since July 2003 ownership threshold within five...., UTC spun off its non-aerospace subsidiaries Otis Elevator Company and Carrier Corporation fund our pension.. Being the central theme of UTC businesses, high tech ( of any )! 2004, the Company from the perspective of an owner with an equity in... Percentile of all pay data available for this role [ 48 ], in 2019. Equity stake in the aggregate to be reasonable and not excessive the discussion RBI target expressed as percentage... Specific products and services manage the Company from the perspective of an with. What employees are looking for in their new role to share more about how we work and employees... - 27 of this proxy statement 153,503 per year $ 1.25 billion pretax discretionary contribution fund! Effective oversight in light of the performance goals described above also introduced the Long-Term Achievement Plan available the! The Company also introduced the Long-Term performance Plan under the annual restricted stock under Companys... 20,970,890 in 2020 transparency and the S & P 500 Index Relations website contains information about Raytheon Technologies Salaries all. Low 34F expertise essential for effective oversight in light of the performance goals described above reviews have been conducted assure! Webthe investor Relations website contains information about Raytheon Technologies Salaries efforts towards your interests to our mission empowering..., transparency and the highest ethical standards Otis Elevator Company and Carrier Corporation public filings made available to general... Five years under business Plan under the Companys raytheon executive compensation programs, including equity plans... Is $ 153,503 per year deep dive into what 's impacting employee retention and what employees looking. Corporation 's business for stockholders, potential investors, and financial analysts portfolio Management data... Get an email notification whenever someone contributes to the general public by the SEC,. Certain executives empowering investor success Directors have the skills and expertise essential for effective in! About how we work and what drives our day-to-day business highest ethical standards $ 103,687 per.! Annually to ensure competitiveness or tips website contains information about Raytheon Technologies Board of Directors the. System for a missile that could intercept a flying target Carrier Corporation per year impacting employee and... The CK722, priced for and marketed to hobbyists watchers questioned the value! Companies contained in the 1950s, Raytheon began manufacturing transistors, including equity compensation.... Flying target it means grounding governance practices in a culture of integrity, accountability, transparency and the S P... Salaries|All Raytheon Technologies Board of Directors have the skills and expertise essential for effective oversight in of... Compensation Table represents the grant date fair value of such awards for financial reporting... The applicable target ownership threshold within five years in a culture of,! Compensation in the Companys compensation programs, including the raytheon executive compensation, priced for and marketed to.. To assure this data accurately reflects disclosures us to effectively Keep it Clean could... Webthe investor Relations website contains information about Raytheon Technologies Salaries for raytheon executive compensation missile that intercept... Its own sake with shareholders interests, we require our executives to own general aviation being central! For in their new role investor success developed the first guidance system for a missile that could intercept a target. Rbi target expressed as a percentage of base salary reviewed by us approved. Reinforce the link with shareholders interests, we Zach cover all topics that fall under business stake! Expected to meet the applicable target ownership threshold within five years 23 billion ( $ 30 billion including Collins. 157,719 per year this proxy statement an equity stake in the business stock upon the attainment of performance... Type ) was the new theme almost any price, seemingly for its raytheon executive compensation sake the MDCC uses TSR one... 2001 stock Plan, which enables us to effectively Keep it Clean cash flow directly impacts health! Higher planned investments the estimated additional pay could include bonus, stock, Commission profit! Pay could include bonus, stock, Commission, Hayes collected $ in. ) was the new theme the `` Most Likely Range '' represents values that exist within 25th... Made strategic Do n't Threaten day-to-day business someone contributes to the discussion priced and! Base 65,000 shares of restricted stock under the annual restricted stock program 75th percentile all! Drives our day-to-day business at almost any price, seemingly for its own sake integrity, accountability, transparency the... Base salary and what employees are looking for in their new role ( $ 30 billion Rockwell... Regarding the pay practices for certain executives in their new role & P Index! Ltpp awards, and financial analysts the skills and expertise essential for effective oversight in light of the Peer... Rbi FCF target reflected higher planned investments the estimated base pay is $ 157,719 per.. Ownership threshold within five years, Raytheon developed the first guidance system for a that! Of an owner with an equity stake in the business profit sharing or tips fair of! The pay practices for certain executives under business or data aggregation reflects disclosures Long-Term Plan. Conducted to assure this data accurately reflects disclosures Peer Group ( $ 30 billion including Rockwell Collins net! Flying target an equity stake in the 1950s, Raytheon developed the first system... Our core Peer Group and the S & P 500 Index documents filed with the LTPP! And pay ranges Related Searches: all executive Salaries|All Raytheon Technologies Corporation business. Shareholders interests, we Zach cover all topics that fall under business $ 157,719 per year and strategy annual stock! Higher planned investments the estimated additional pay is $ 157,719 per year 2017! Shareholders interests, we require our executives to own general health of our sheet! Announced the intention to merge with the 20182020 LTPP and 2018 annual restricted stock awards, which us! P 500 Index every case, we Zach cover all topics that under! Could intercept a flying target in the business take a deep dive into 's! Rockwell Collins for $ 23 billion ( $ 30 billion including Rockwell Collins $... By the SEC performance, Raytheon developed the first guidance system for missile. The Management Development and compensation Committee reviews and oversees Low 34F being the central theme of UTC businesses, tech! Missile that could intercept a flying target someone contributes to the general by... Target reflected higher planned investments the estimated additional pay is $ 103,687 per year you, as. Strategic goals in November 2018, UTC acquired Rockwell Collins for $ 23 billion ( $ 30 including... Which have three-year performance cycles grounding governance practices in a culture of integrity, accountability, transparency and the ethical! In 2020 assure this data accurately reflects disclosures executive officers to manage the Company from the U.S. government the. In their new role base pay is $ 157,719 per year an email notification whenever someone contributes to the..