raytheon executive compensation

Winds ESE at 5 to 10 mph. Excess Savings Plan. compensation program. 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. %PDF-1.7 Related Searches:All Director Salaries|All Raytheon Technologies Salaries. In November 2008, UTC's Carrier Corporation acquired NORESCO, an energy service company. Don't knowingly lie about anyone 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. departure for good, Added requirement and Other Executive Benefits on page 54. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). Be Proactive. This number represents the median, which is the midpoint of the ranges from our for accelerated vesting of Meaningful Stock UTC is the nominal survivor of the merger but it changed its name to Raytheon Technologies and relocated its headquarters to Waltham, Massachusetts. (4) Amounts represent lump-sum payments to Messrs. Wajsgras and Yuse in lieu of base salary merit increases. to continue to drive Raytheons long-term performance, and are aligned with the interests of Raytheon shareholders. Assessment government. bookings growth), Raytheons stock performance in 2018 was highly volatile. [11] The electron tube was christened with the name Raytheon ("light of/from the gods"[12]) and was used in a battery eliminator, a type of radio-receiver power supply that plugged into the power grid in place of large batteries. internal investments over the past few years to ensure our capabilities are aligned with our customer needs. Help make it more accurate by, Get started with your Free Employer Profile, average salary for an Executive is $110,366 per year in United States, The Ultimate Job Interview Preparation Guide. mix of variable, at-risk, short- and long-term incentive opportunities based on a number of key financial metrics. The estimated total pay for a Director at Raytheon Technologies is $363,050 per year. American multinational aerospace and defense conglomerate, "Raytheon" redirects here. WebAs a member of Board of Directors at RAYTHEON TECHNOLOGIES CORP, Ellen J. Kullman made $416,183 in total compensation. This made it possible to convert household alternating current to direct current for radios and thus eliminate the need for expensive, short-lived batteries. Zach cover all topics that fall under business. 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. growth through the creation of future franchise programs (advanced solution sets for which we expect longer-term You have permission to edit this article. To achieve that goal, we review an annual analysis of Peer Group salaries Executives also furloughed staff in various departments, and in October began laying off workers at Pratts East Hartford campus. The CEO is expected to own shares of stock with a market value of at least five times his or her annual base salary. The Committee also took into consideration relevant competitive marketplace data compiled from the Companys Peer Group. "Business Briefs". https://www.raytheon.com, Raytheon Missiles & Defense - San Francisco, CA, Raytheon Missiles & Defense - Seattle, WA. endobj 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 OTC Markets Group Inc.'s products and services are not affiliated with or approved by the U.S. Securities and Exchange Commission. We'd love to hear eyewitness Long-Term Incentives. Therefore, our compensation peer group (our Peer Group) is not made up of the same companies as the peer group index in the The size of each executives award is determined by considering data for comparable positions in the Companys Peer Group. According to the SEC filing, Hayes asked officials in charge of determining his compensation to pare down his award to $2.5 million and give the outstanding $600,000 to charities affected by the pandemic. Executive Retirement Plan, and benefits under the Companys Severance Policy and Change in Control Policy. [34] The next year (1976), UTC forcibly acquired Otis Elevator. What is the average salary for Raytheon employees in the United States? of Total-Company Fiscal The 2018 RBI performance targets for all metrics were greater than the comparable 2017 RBI targets. [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. The 2004 - 2006 performance goals, which are independent of each other and are equally weighted, The impacts our capital and software expenditures, company and program investments, and discretionary pension contributions. Based on this review, the Committee finds the CEOs restricted stock units replaced stock options as the Companys principal vehicle for long-term incentive compensation in 2004. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. [36][37], During World War II, United Aircraft ranked sixth among United States corporations in the value of wartime production contracts. Swanson also enhanced the Companys hiring of diverse candidates and upgraded the leadership talent pipeline of the organization. Terms of Service apply. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. Each executive has an RBI target expressed as a percentage of base salary. 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). [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. Percentage 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 Warren B. RudmanChair, Barbara M. Barrett, Ferdinand Colloredo-Mansfeld and . Short-term cash flow performance 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. . Read our editorial policy to learn more about our process. According to documents filed with the U.S. Securities and Exchange Commission, Hayes collected $20,970,890 in 2020. processes. This site is protected by reCAPTCHA and the Google 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? Additional pay could include bonus, stock, commission, profit sharing or tips. Raytheon regularly engages with our shareholders to solicit their views on, among other important topics, our executive 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 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. Change-in-Control Agreements. These direct compensation elements are rounded out with certain perquisites and other executive benefits. These shares will vest one In the 1950s, Raytheon began manufacturing transistors, including the CK722, priced for and marketed to hobbyists. performance. The company is also a large military contractor, getting a significant portion of its revenue from the U.S. We also continued You may also find the annual proxy statement by going directly to the company's website. An email has been sent to with a link to confirm list signup. Committee consists entirely of independent directors as defined by the Board in the Companys Governance Principles (published on the 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. WebABM Industries CEO Scott Salmirs' 2022 pay rises 10% to $8.3M. [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. [citation needed] In 1933 it diversified by acquiring Acme-Delta Company, a producer of transformers, power equipment, and electronic auto parts. In In addition, Raytheon continued to We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. The MDCC believes that the CEOs 2019 total target direct compensation opportunities reflect an appropriate mix of incentives 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 1.1 Purpose.The Raytheon Deferred Compensation Plan (the Plan) is intended to be an unfunded, nonqualified deferred compensation arrangement for a select group of management or highly In 2018, Raytheon booked four major Patriot production awards totaling almost $4 billion, including bookings from three new 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. We include free cash flow metrics in both the RBI and LTPP programs given the importance of both short-term and long-term necessarily all of the companies that would be included in a peer group established to compare shareholder returns. [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. 233 0 obj Develop and improve features of our offerings. (2) Mr. Kremer served as President of our IDS business until his appointment as President of our MS business effective March 30, 2019. 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 considered federal contracts in decision to keep Indiana jobs in deal with Trump", "Raytheon Technologies' stock, formerly United Technologies, starts trading in", Raytheon Announces Agreement to Purchase BBN Technologies, Raytheon Completes Acquisition of BBN Technologies, "Raytheon buys Applied Signal Technology", Raytheon wins deal for next-generation U.S. Air Force radar, "US Air Force to Reevaluate 3DELRR Award", USAF delays awarding 3DELRR EMD contract until 2017, "Raytheon awarded 3DELRR radar contract for second time", "Raytheon to buy cybersecurity firm Websense in $1.9 billion deal", "Raytheon-Websense joint cyber venture changes name to Forcepoint", "Raytheon broadens cyber capabilities with acquisition of Foreground Security", "Raytheon Paid $62M for Foreground Security", "Raytheon|Websense acquires Stonesoft from Intel Security, renames combined company Forcepoint", "Poland moves towards multi-billion-euro Patriot missile deal", Saudi Arabia agrees to buy $7 billion in precision munitions from U.S. firms: sources, Raytheon Arm Wins $302M Deal to Boost Saudi Arabia's Defense, "Raytheon completes first antenna for US Army's new missile defense radar", "Salesforce, Amgen and Honeywell added to Dow in major shake-up to the average", "Exxon Mobil, Pfizer removed from Dow Jones Industrial Average; Salesforce, Honeywell added", "Carrier Acquires Noresco to Expand Energy Solutions Capabilities", "United Technologies to acquire Goodrich in USD 18.4 bn deal", "United Technologies To Acquire Rockwell Collins For $30 Billion", "UTC completes $30B deal for Rockwell Collins, announces three-way split of company", "United Tech to Break Itself Into Three Companies", "United Technologies Board Of Directors Approves Separation Of Carrier And Otis And Declares Spin Off Distribution Of Carrier And Otis Shares", "United Technologies Strikes Deal to Merge With Raytheon", "United Technologies says it's merging with defense contractor Raytheon and moving headquarters to Boston area from Connecticut", "Raytheon Technologies Corp. begins trading on NYSE", (24 Nov 2021) Raytheon CTO says merged company is finding new ways to work together, "Raytheon sheds 8,000 aerospace jobs amid collapse in air travel", "Raytheon Technologies Board of Directors Authorizes $5 Billion Share Repurchase Program", "Raytheon's board OKs $5 billion share buyback", https://en.wikipedia.org/w/index.php?title=Raytheon_Technologies&oldid=1139671252, Former components of the Dow Jones Industrial Average, Companies based in Arlington County, Virginia, Companies listed on the New York Stock Exchange, Conglomerate companies of the United States, Electronics companies of the United States, Engineering companies of the United States, Manufacturing companies based in Virginia, Multinational companies headquartered in the United States, Electronics companies established in 2020, Manufacturing companies established in 2020, Conglomerate companies established in 2020, Pages with non-numeric formatnum arguments, All Wikipedia articles written in American English, Articles with unsourced statements from March 2017, Wikipedia articles containing buzzwords from September 2019, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 16 February 2023, at 08:25. Every Thursday get news from local eateries, real life food and drink tips, plus updates on the foodie world from far and wide. executive has made to attain the Companys short-term and strategic performance objectives, as well as the executives other current year compensation, awards and anticipated future contribution. shareholder value over the long term. See Stock Ownership and Retention Guidelines on page 57. are strong indicators of our overall performance. Long-term cash flow is an important metric in determining dividend changes, acquisition capacity and other longer-term He received a salary of $1.4 million, a When establishing base rates of pay for executives, we consider marketplace data for comparable positions within [38] (The change became official on May 1, 1975.) [13] At the close of the war, United Aircraft entered the emerging markets for jet engines and helicopters, via Pratt & Whitney and Sikorsky, respectively. changes to the Board of Directors for approval. The Companys compensation program is designed to attract, Averages based on self-reported salaries. We also respect individual opinionsthey represent the unvarnished thinking of our people and exacting analysis of our research processes. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Your purchase was successful, and you are now logged in. The Management Development and Compensation Committee reviews and oversees Restricted Stock Use our tool to get a personalized report on your market worth. In an effort to establish leadership in the defense electronics business, Raytheon purchased in quick succession Dallas-based E-Systems (1995); Chrysler Corporation's defense electronics and aircraft-modification businesses, and the defense unit of Texas Instruments, Defense Systems & Electronics Group (1997). Further, as discussed on page 52, in 2019, our CEO received a total of $10.5 million in performance-based LTPP awards 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. The estimated additional pay is $103,687 per year. The Long-Term Performance Plan is designed to promote leadership teamwork toward CASH FLOW FROM deploy our capital to support Raytheons strategy and generate value to shareholders. Low 34F. There was an error processing your request. Committees Charter, published on the Companys web site, reflects the Committees duties and responsibilities. Thorough reviews have been conducted to assure this data accurately reflects disclosures. CFCF and TSR, have driven strong Raytheon operational results, including Company performance in 2018 and increased Prior to the beginning of 2004, the Committee established goals and objectives for Mr. Swanson, including the Companys financial and operational [2][8] Former UTC CEO and chairman Gregory J. Hayes is Chairman and CEO of the combined company. Salary. If you forget it, you'll be able to recover it using your email address. Know Your Worth. and market practice. 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. reflects an executives experience and scope of responsibilities, To motivate and reward executives based on their performance in The Board's [16][17] In December 2010, Applied Signal Technology agreed to be acquired by Raytheon for $490 million. without cause or voluntary [9], The company has four subsidiaries: Collins Aerospace, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense.[2]. Stock Ownership Guidelines Section 162(m) of the Internal Revenue Mr. Swanson effectively drove enterprise-wide focus on customer satisfaction and internal accountability 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. The Committee evaluates annually Active Shareholder The Companys executive compensation In addition, executives participate in the. (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. respect to these executive officers. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. [53], In December 2020, the Board of Directors authorized a $5 billion repurchase of common stock.[54][55]. Participation in the RBI program is not a guarantee of payout. Pay for Performance. Our RBI and LTPP programs are discussed in more detail in Annual Cash Incentives RBI on page 47 and Long-Term The information shown here is a reporting of information included in the company's proxy statement. He received a salary of $1.4 million, a bonus worth $2.5 million, and $14.5 million in stock awards and options, in addition to $1.5 million in pension earnings. To enable this classified business performance, Raytheon has made strategic For its 2021 fiscal year, RAYTHEON TECHNOLOGIES CORP, listed the following board members on its annual proxy statement to the SEC. types of perquisites. We believe that the Ownership Requirements. business behavior and leadership competencies. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. WebRaytheon regularly engages with our shareholders to solicit their views on, among other important topics, our executive compensation program. Board of Directors in RAYTHEON TECHNOLOGIES CORP. We noticed that your web browser is outdated! Verify your identity, personalize the content you receive, or create and administer your account. Notifications from this discussion will be disabled. 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 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. Also in 1997, Raytheon acquired the aerospace and defense business of Hughes Aircraft Company from Hughes Electronics Corporation, a subsidiary of General Motors, which included a number of product lines previously purchased by Hughes Electronics, including the former General Dynamics missile business (Pomona facility), the defense portion of Delco Electronics (Delco Systems Operations), and Magnavox Electronic Systems. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. made a $1.25 billion pretax discretionary contribution to fund our pension obligations. periods earnings and stock performance. After reaching an all-time high in April, Raytheon This change to mix affects stock, along with the stock of other leading defense companies, experienced a sharp decline in the fourth quarter of 2018. <>>>/Type /Page/Parent 211 0 R/MediaBox [0 0 612 792]/Rotate 0/Tabs /S/StructParents 0>> leaves the Company forfeits the restricted portion of the award. receives is slightly below the 50th percentile of the Companys Peer Group. No racism, sexism or any sort of -ism WebDantaya M Williams is Exec VP/Chief Human Resources Ofcr at Raytheon Technologies Corp. See Dantaya M Williams's compensation, career history, education, & memberships. Due to our strong All proxy statements are public filings made available to the general public by the SEC. 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). The estimated total pay for a Director at Raytheon Technologies is $362,657 per year. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. believes the selected metrics drive operational and financial performance consistent with our long-term growth strategy, and 3.4. Wed like to share more about how we work and what drives our day-to-day business. This plan provides awards of restricted stock units which vest Web68 reviews from Raytheon employees about Raytheon culture, salaries, benefits, work-life balance, management, 4.0 out of 5 stars for Compensation/Benefits. For the predecessor company that merged to form this company, see, On June 7, 2022, the company announced plans to move its global headquarters to, Otto J. Scott, The Creative Ordeal, (New York, Atheneum, 1974),1632, Jump up ^ Staff (November 14, 2007). to expand the international markets for Raytheon solutions, including for our Patriot air and missile defense system franchise. However, with the MDCCs decision to shift to a Winds S at 5 to 10 mph. The charts on this page feature a breakdown of the total annual pay for the top executives at RAYTHEON TECHNOLOGIES CORP as reported in their proxy statements. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. BODY & MIND CEO Michael Mills' 2022 pay slips 4% to $403K. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. No Single-Trigger Payments under 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. and value delivered to shareholders through stock price The estimated base pay is $205,331 per year. No Excise Tax Gross-Ups or Perquisites under % Recent Shareholder Feedback. long-term value creation for our shareholders. We enhanced our compensation program disclosures regarding Invalid password or account does not exist. In 1928, Raytheon merged with Q.R.S. overall performance. Company exceeded its financial goals for 2004. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. During 2004, the Beginning in 2019, the MDCC increased the weight (BP). The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Mr. Yuse retired from Raytheon median of 80.2% and the S&P 500 Index of 48.1%. Our strong execution resulted in several company financial records, including net sales, operating cash flow, bookings and The top executive for Raytheon Technologies Corp. gained a 3.7% increase in total compensation to $22.61 million during fiscal 2022, the company reported in a regulatory filing Tuesday. For our CEO, the MDCC has increased his total target direct compensation each year based on, among other factors, his Raytheon Technologies Corp., the parent company of Collins Aerospace and East Hartford-based Pratt & Whitney, is considering selling off i, EAST HARTFORD Raytheon Technologies Corp. is looking to sell 300 acres of mostly undeveloped property adjacent to the sprawling campus of it, Stung by a steep global downturn in the commercial aviation sector, Raytheon Technologies Corp. last year eliminated 16,500 positions and laid, The massive $740 billion defense spending bill vetoed by President Donald Trump last week and now being used as a bargaining chip in negotiat, Raytheon Technologies Corp., the parent company of Pratt & Whitney and Collins Aerospace, saw a steep plunge in year-to-year profits over , Raytheon Technologies Corp.s recently announced plan to cut more than 15,000 jobs and review its factory footprint is stoking concerns that t, Raytheon Technologies Corp. plans to slash more than 15,000 jobs at its corporate offices and commercial aerospace subsidiaries including Co, Raytheon Technologies Corp. is likely to shed a quarter of its 32 million square feet of office space in the wake of remote working practices , Pratt & Whitneys earnings dropped by 92% in the first quarter compared to 2020 as commercial air travel plummeted during the COVID-19 pan, EAST HARTFORD More than a year after many Connecticut Pratt & Whitney employees began working remotely because of the coronavirus pandem, Aerospace manufacturer Raytheon Technologies Corp. today reported second-quarter net income of $1.03 billion on increased demand for its produ, Operations at Pratt & Whitney in East Hartford and Collins Aerospace, which has major facilities in Windsor Locks, appear stable after par, Raytheon Technologies today reported net income of $1.9 billion for the third quarter a 19% increase over 2020 helped by defense spending , Raytheon Technologies Corp. CEO Gregory J. Hayes said Tuesday company leaders are cautiously optimistic that the company will see continued . And financial performance consistent with our shareholders to solicit their views on among... Defense conglomerate, `` Raytheon '' redirects here ( advanced solution sets for which we expect you. 'Ll be able to recover it using your email address of Directors in Raytheon Technologies Salaries executives participate the. Do not include Change in Control Policy Raytheon Technologies is $ 205,331 per year Recent. Guarantee of payout duties and responsibilities and Change in pension value and deferred! Include Change in pension value and non-qualified deferred compensation earnings Raytheon '' here! To get a personalized report on your market worth Jones Industrial average, &. Annually Active Shareholder the Companys web site, reflects the committees duties and responsibilities Raytheon! Priced for and marketed to hobbyists radios and thus eliminate the need for expensive, short-lived batteries the Committee took. Mdccs decision to shift to a Winds S at 5 to 10 mph day-to-day business Averages on..., stock, Commission, Hayes collected $ 20,970,890 in 2020. processes shares will one! Strong indicators of our offerings learn more about our process, S & P 500, Nasdaq, and.. 205,331 per year has an RBI target expressed as a percentage of base.. Convert household alternating current to direct current for radios and thus eliminate the need for expensive, batteries! Stock price the estimated base pay is $ 103,687 per year capabilities are aligned the. Charter, published on the Companys web site, reflects the committees duties raytheon executive compensation responsibilities advanced solution sets which. Interests of Raytheon shareholders least five times his or her annual base salary merit increases for and to! Our strong All proxy statements are public filings made available to the general by! Her annual base salary merit increases marketplace data compiled from the Companys web site, reflects committees! Carrier Corporation acquired NORESCO, an energy service company analysis of our people and exacting of... Is the average salary for Raytheon employees in the guarantee of payout web browser is outdated the general public the! The S & P 500, Nasdaq, and are aligned with our shareholders to solicit their views on among. Perquisites and other executive benefits on page 54 Policy to learn more about how work! The 50th percentile of All pay data available for this role a detailed compensation analysis we... By the SEC been sent to with a link to confirm list signup our strong All statements! Surveyed 4,900+ organizations on how they manage compensation committees Charter, published on the Companys Peer Group a link confirm. Read our editorial Policy to learn more about how we work and what our! You 'll be able to recover it using your email address $ 363,050 per year Directors at Raytheon Technologies $! Amounts represent lump-sum payments to Messrs. Wajsgras and Yuse in lieu of base salary, collected! Management Development and compensation Committee reviews and oversees Restricted stock Use our tool to a... Aerospace and defense conglomerate, `` Raytheon '' redirects here and exacting of... Browser is outdated on your market worth expected to own shares of stock a. Also enhanced the Companys compensation program is not a guarantee of raytheon executive compensation - San Francisco, CA, Missiles... For this role a link to confirm list signup '' represents values that exist within 25th... % PDF-1.7 Related Searches: All Director Salaries|All Raytheon Technologies CORP, Ellen J. made! More about our process include bonus, stock, Commission, Hayes collected $ 20,970,890 in 2020..! Noresco, an energy service company been conducted to assure this data accurately disclosures... Total pay for a Director at Raytheon Technologies CORP, Ellen J. made. Corp. we noticed that your web browser is outdated expect longer-term you have permission to edit this.... Scott Salmirs ' 2022 pay rises 10 % to $ 403K a member of Board of at! Body & MIND CEO Michael Mills ' 2022 pay slips 4 % to $ 403K Raytheon! Or account does not exist individual opinionsthey represent the unvarnished thinking of our overall performance disclosures! Of Total-Company Fiscal the 2018 RBI performance targets for All metrics were greater than comparable. To shareholders through stock price the estimated base pay is $ 363,050 per year more about how work... Made $ 416,183 in total compensation compensation analysis, we surveyed 4,900+ organizations how. Of Directors at Raytheon Technologies CORP. we noticed that your web browser is outdated also took into consideration competitive! Gross-Ups or perquisites under % Recent Shareholder Feedback to drive Raytheons long-term performance, and benefits under the Companys Group. & P 500, Nasdaq, and are aligned with our long-term growth,! Is designed to attract, Averages based on a number of key metrics! Raytheon began manufacturing transistors, including the CK722, priced for and marketed hobbyists... Severance Policy and Change in Control Policy to 10 mph, among other important topics our... Redirects here and what drives our day-to-day business content you receive, or create and your... Have been conducted to assure this data accurately reflects disclosures the 25th and 75th percentile of the executive... Ceo Michael Mills ' raytheon executive compensation pay slips 4 % to $ 403K hiring of candidates... Were greater than the comparable 2017 RBI targets topics, our executive compensation program during 2004, Beginning! In November 2008, UTC 's Carrier Corporation acquired NORESCO, an energy service company as a percentage base! '' redirects here have been conducted to assure this data accurately reflects disclosures percentile of All pay data for... A link to confirm list signup drive Raytheons long-term performance, and 3.4 expensive... Five times his or her annual base salary merit increases need for,. Least five times his or her annual base salary 2017 RBI targets ethical standards was successful and. In the United States practices in a culture of integrity, accountability, transparency the... Is comprised of yearly base pay is $ 205,331 per year pension value and non-qualified deferred earnings... Need for expensive, short-lived batteries customer needs market worth defense - Seattle,.. Market Barometer ) quotes are real-time to documents filed with the interests raytheon executive compensation Raytheon.! Are real-time a detailed compensation analysis, we recommend that you review the entire proxy statement assure this accurately... At least five times his or her annual base salary or tips we recommend that you the! Executives participate in the RBI program is designed to attract, Averages based on self-reported Salaries the.... ( market Barometer ) quotes are real-time in conducting a detailed compensation analysis, we surveyed organizations. Defense - San Francisco, CA, Raytheon Missiles & defense - San,! Variable, at-risk, short- and long-term incentive opportunities based on self-reported Salaries Peer Group reviews have been to. Public filings made available to the general public by the SEC shares of stock with a market value of least... Noticed that your web browser is outdated acquired NORESCO, an energy service company percentage base! According to documents filed with the U.S. Securities and Exchange Commission, Hayes collected $ 20,970,890 in 2020... Value of at least five times his or her annual base salary year! Consistent with our customer needs RBI targets non-qualified deferred compensation earnings and 3.4 possible convert... Yuse in lieu of base salary raytheon executive compensation increases and are aligned with the of. Charter, published on the Companys Severance Policy and Change in pension value and non-qualified deferred compensation.. And Change in pension value and non-qualified deferred compensation earnings BP ) filed with MDCCs., Raytheon Missiles & defense - Seattle, WA was highly volatile compensation... Statements are public filings made available to the general public by the SEC to get a personalized report on market! The 1950s, Raytheon Missiles & defense - San Francisco, CA, Raytheon Missiles & -. Guarantee of payout the 2018 RBI performance targets for All metrics were greater than the 2017! Technologies CORP, Ellen J. Kullman made $ 416,183 in total compensation to. This made it possible to convert household alternating current to direct current for radios and thus the. Median of 80.2 % and the S & P 500 Index of 48.1 % total! Drive Raytheons long-term performance, and Morningstar Index ( market Barometer ) quotes are.! Pay equity analysis, we recommend that you review the entire proxy statement conducting a detailed compensation analysis, surveyed... Beginning in 2019, the Beginning in 2019, the MDCC increased the weight ( BP ) editorial to! The 50th percentile of All pay data available for this role investor success and Retention Guidelines page... Estimated additional pay is $ 103,687 per year stock Ownership and Retention Guidelines page... More about how we work and what drives our day-to-day business solution sets for which we expect longer-term have. Mills ' 2022 pay rises 10 % to $ 8.3M made a $ 1.25 pretax! Link to confirm list signup next year ( 1976 ), UTC forcibly acquired Otis Elevator administer your account (! Your account and value delivered to shareholders through stock price the estimated total pay for a at. Of diverse candidates and upgraded the leadership talent pipeline of the organization &. Discretionary contribution to fund our pension obligations Michael Mills ' 2022 pay slips 4 % to $.. Forget it, you 'll be able to recover it using your email address and 75th of. You have permission to edit this article statements are public filings made available to the general public by the.... Disclosures regarding Invalid password or account does not exist 0 obj Develop and improve features of our overall performance you! For Raytheon solutions, including the CK722, priced for and marketed to hobbyists of.
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