The RTX Corporation Board of Directors has elected President and Chief Executive Officer Christopher T. Calio as Chairman of the Board, effective April 30, 2025.
This decision follows the announcement by Gregory J. Hayes, RTX Executive Chairman, of his intention to step down as Executive Chairman and resign from the Board ahead of the company’s 2025 annual meeting.
Hayes has served as Executive Chairman since May 2024, having previously been President and CEO of RTX following the 2020 merger of Raytheon Company and United Technologies, where he was Chairman and CEO.
Hayes expressed his confidence in his successor, stating: “As anticipated, as CEO, Chris Calio has continued to drive RTX growth by focusing on operational execution and technology innovation at the pace of customer needs. I am confident that, as Chairman and CEO, he will continue to execute on the strategic priorities that deliver long-term growth for all stakeholders. I wish him all the best for the future.”
Following his departure, Hayes will serve as Special Advisor to the CEO until January 2, 2026.
Calio, who joined the RTX Board in 2023, was appointed President and CEO on May 2, 2024, overseeing more than 185,000 employees and generating over US$80 billion in annual sales. Prior to this, he was President and Chief Operating Officer of RTX and previously led Pratt & Whitney, where he played a key role in business transformation. Having joined the company in 2005, Calio has held various leadership roles, shaping the organisation’s future through innovation and strategic execution.
