In a planned leadership transition, RTX has announced that President and Chief Operating Officer (COO) Christopher T. Calio will succeed Gregory J. Hayes as Chief Executive Officer (CEO) at the 2024 RTX annual shareowners meeting scheduled for May 2, 2024. Hayes will continue to serve as Executive Chairman of RTX. Calio has also been appointed to the company’s Board of Directors effective December 14, 2023.
As President and Chief Operating Officer of RTX, Calio, oversees the company’s three business units, as well as its functions for technology, engineering, enterprise services, digital, operations, quality, supply chain and environment, health and safety. In 2023, Calio oversaw the realignment of RTX from four to three business segments: Collins Aerospace, Pratt & Whitney and Raytheon. Prior to his current role, Calio was President of Pratt & Whitney, where he led the business that designs, manufactures and services aircraft engines and auxiliary power units. He joined the company in 2005 and held various leadership roles and drove significant transformational change throughout his tenure.
Responsible for leading 180,000 employees and US$67 billion in annual sales, Hayes has been instrumental in creating a global organisation focused on delivering innovative products and solutions for a safer, more connected world.
Elected Chairman of the Board in 2021, Hayes had a nearly 21-year career at United Technologies Corporation, holding several senior leadership roles across finance, corporate strategy and business development, culminating with his appointment to Chief Executive Officer in 2014 and Chairman in 2016. As CEO, Hayes led the reshaping of UTC from industrial conglomerate to a focused aerospace company. Beginning with the divestiture of Sikorsky Aircraft in 2015 and the acquisition of Rockwell Collins in 2018, Hayes continued to focus the business with the spin-offs of Otis Elevator Company and Carrier Corporation in 2020. Hayes then led the merger of UTC’s remaining aerospace businesses, Pratt & Whitney and Collins Aerospace Systems, with Raytheon Company, to form RTX in April 2020.
