Christopher Calio Assumes Chairman Role at RTX, Succeeding Gregory Hayes

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RTX Corp. announced Monday that the Board of Directors has appointed Christopher Calio as the company’s new Chairman of the Board, a position he will assume on April 30, 2025. This leadership transition marks a significant shift at the defense and aerospace giant, following Gregory Hayes’s announcement that he will step down from his Executive Chairman post and board membership ahead of the company’s 2025 annual shareholder meeting.

Leadership Transition Takes Effect in Spring 2025

Gregory Hayes, who has served as Executive Chairman since May 2024, will officially depart his board role on April 30, 2025. Following that date, Hayes will transition into a special advisory capacity, serving as Special Advisor to the CEO through January 2, 2026. Before taking the Executive Chairman position, Hayes had held the role of President and Chief Executive Officer since the transformative 2020 merger that combined Raytheon Co. with United Technologies Corporation.

Christopher Calio’s Ascent Through RTX Leadership

Christopher Calio’s promotion to Chairman represents the culmination of his rapid rise through RTX’s executive ranks. Having joined the RTX board in 2023, Calio was elected to the posts of President and Chief Executive Officer on May 2, 2024. In his previous capacity as President and Chief Operating Officer, Calio oversaw the company’s three core business units as well as critical functions spanning technology, engineering, enterprise services, digital operations, quality assurance, supply chain management, and environmental, health and safety initiatives.

Calio’s Aerospace Industry Expertise

Christopher Calio brings substantial operational experience from his prior leadership of Pratt & Whitney, RTX’s aircraft engine division. During his tenure at Pratt & Whitney, where he served as President, Calio directed a business responsible for designing, manufacturing, and servicing aircraft engines and auxiliary power units. He initially joined the company in 2005 and progressively assumed expanded leadership responsibilities, driving major organizational transformation and modernization efforts throughout his career there.

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.

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