[34] He pursued a strategy of growth and diversification, changing the parent corporation's name to United Technologies Corporation (UTC) in 1975 to reflect the intent to diversify into numerous high tech fields beyond aerospace. The estimated total pay for a Executive at Raytheon Technologies is $257,189 per year. for accelerated vesting of Error! (2) Mr. Lawrence stepped down as an executive officer on March 30, 2019, and will retire from Raytheon effective July 14, 2019. The estimated base pay is $153,503 per year. The Section 162(m) of the Internal Revenue The current base salary of Daniel P. Burnham was established in July 1999, after reviewing a competitive analysis provided by the Committee's independent compensation consultant. The MDCC believes that executive compensation should be tied to Raytheon performance that drives long-term objectives to enhance shareholder value and place Company executives in a responsible competitive range of total compensation considering the magnitude of business operations, strategic accomplishments, and Company performance. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. 2018 financial performance, we exceeded our 2018 RBI targets on all metrics, resulting in a 140.7% funding level. [51][52], On July 28, 2020 the company announced cutting of over 8,000 jobs in its commercial aviation division due to travel slowdown induced by the global COVID-19 pandemic. and market practice. Percentage What your skills are worth in the job market is constantly changing. https://www.raytheon.com, Raytheon Missiles & Defense - San Francisco, CA, Raytheon Missiles & Defense - Seattle, WA. [14] Raytheon also divested itself of several nondefense businesses in the 1990s, including Amana Refrigeration and Seismograph Service Ltd (sold to Schlumberger-Geco-Prakla). Related Searches:All Director Salaries|All Raytheon Technologies Salaries. They In 2003, UTC entered the fire and security business by purchasing Chubb Security. Success! The Committee has engaged an outside compensation consultant that provides Invalid password or account does not exist. (4) Effective for the 2018 RBI program and the 20182020 LTPP awards. Company specifically incorporates this information by reference, and shall not otherwise be deemed filed under such Acts. involuntary termination Due to our strong Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. 38% of Raytheons outstanding shares. 20162018. equity awards following a WebFor its 2021 fiscal year, RAYTHEON TECHNOLOGIES CORP, listed the following executives on its annual proxy statement to the SEC. Read our editorial policy to learn more about our process. Cash flow directly impacts the health of our balance sheet, which enables us to effectively The MDCC and Other Executive Benefits on page 54. Base Salary. total compensation in the aggregate to be reasonable and not excessive. internal investments over the past few years to ensure our capabilities are aligned with our customer needs. EDGAR and SEC are trademarks of the U.S. Securities and Exchange Commission. 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. [19] The contract award was immediately protested by Raytheon's competitors. Ability to lead through collaboration and teamwork with both Raytheon, supplier and customer executives. effective December 31, 2018. Associated Press Raytheon Technologies Corp. CEO Gregory J. Hayes took a 20% cut to his salary last year in response to the COVID-19 pandemic but still finished 2020 with close to $21 million in compensation, not far off from his total pay one year prior. 20162018 LTPP. population at more junior levels. Raytheon employees earn $77,000 annually on average, or $37 per hour, which is 15% We include free cash flow metrics in both the RBI and LTPP programs given the importance of both short-term and long-term Senior Software Engineer Average Salary at Raytheon in the United States, See 223 More Raytheon Senior Software Engineer Salaries, Material Program Manager Average Salary at Raytheon in the United States, See 13 More Raytheon Material Program Manager Salaries, Software Engineer Average Salary at Raytheon in the United States, See 213 More Raytheon Software Engineer Salaries, Senior Systems Engineer Average Salary at Raytheon in the United States, See 186 More Raytheon Senior Systems Engineer Salaries, Senior Technical Support Engineer Average Salary at Raytheon in the United States, See 34 More Raytheon Senior Technical Support Engineer Salaries, Program Manager Average Salary at Raytheon in the United States, See 25 More Raytheon Program Manager Salaries, Principal Engineer Average Salary at Raytheon in the United States, See 18 More Raytheon Principal Engineer Salaries, Technical Writer Average Salary at Raytheon in the United States, See 14 More Raytheon Technical Writer Salaries, Systems Engineer Average Salary at Raytheon in the United States, See 143 More Raytheon Systems Engineer Salaries, Principal Systems Engineer Average Salary at Raytheon in the United States, See 58 More Raytheon Principal Systems Engineer Salaries, **Minimum 30K Sign-on Bonus** - Principal Signal Processing Engineer, Project Test Engineer (PTE) Section Manager. [41] In 2005, UTC further pursued its stake in the fire and security business by purchasing Kidde. a long-term incentive mix of 60% LTPP / 40% time-based stock, along with the stock of other leading defense companies, experienced a sharp decline in the fourth quarter of 2018. These investments included adjusting our compensation plans based upon market data and to Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. It should also be noted that our actual 2018 During the post-war years, Raytheon also made generally low- to medium-powered radio and television transmitters and related equipment for the commercial market. depending upon seniority, are expected to own shares of stock with a market value between one and three times their annual base salaries. periods earnings and stock performance. to applicable, Adjusted RBI and LTPP of Target, RBI Funding Rather than aviation being the central theme of UTC businesses, high tech (of any type) was the new theme. and non-solicitation) racist or sexually-oriented language. 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 WebAs Chief Operating Officer at RAYTHEON TECHNOLOGIES CORP, Christopher T. Calio made $5,646,418 in total compensation. Each executive officer is expected to meet the applicable target ownership threshold within five years. William H. Swanson has been CEO since July 2003. Wed like to share more about how we work and what drives our day-to-day business. exceeded Raytheons actual performance for 2017, except for FCF. Averages based on self-reported salaries. Mr. Swanson effectively drove enterprise-wide focus on customer satisfaction and internal accountability <>stream 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. [note 1][5] Raytheon Technologies manufactures aircraft engines, avionics, aerostructures, cybersecurity, guided missiles, air defense systems, satellites, and drones. performance-based LTPP award (at target) increased by $500,000 and his 2019 time-based restricted stock award decreased and performance goals, plus the successful management of human resources and the furtherance of ethical. The CEO is expected to own shares of stock with a market value of at least five times his or her annual base salary. Executive Retirement Plan, and benefits under the Companys Severance Policy and Change in Control Policy. of Target. PLEASE TURN OFF YOUR CAPS LOCK. Use the 'Report' link on 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. 3.4. CFCF and TSR, have driven strong Raytheon operational results, including Company performance in 2018 and increased Annual incentive awards provide a direct link between executive compensation and the Companys Individual awards under the Companys RBI program reflect an executives contribution to the Companys achievement of established financial leadership and to link compensation more closely to the Companys performance. a meaningful amount of stock. The estimated additional pay is $103,687 per year. No racism, sexism or any sort of -ism [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. . other companies, government contractors such as Raytheon experience not only cash outflows from pension costs, but also cash Other officers, 216 0 obj 5 Year Cumulative Total Shareholder Return, 2019 EXECUTIVE COMPENSATION PROGRAM AND DISCLOSURE CHANGES. All sports, all the time, plus unique coverage of UConn athletics, local high school sports, and Connecticut's pro teams, the Sun and Hartford Athletic. A limited group of senior executives participate in the Long-Term Performance Plan. respect to these executive officers. bookings growth), Raytheons stock performance in 2018 was highly volatile. For more updates about business in north-central Connecticut, follow Zach on Twitter: @ZachVasileJI. 2018 was the fourth consecutive year of accelerated growth for Raytheon and these investments relate to this growth. 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. Exhibit 10.11. This supplemental information is not a substitute for the information appearing in the Summary Compensation WebPresident, Raytheon Missiles & Defense Raja Maharajh Executive Vice President, General Counsel Neil G. Mitchill Jr. Executive Vice President, Chief Financial Officer Mark E. Russell on pages 19 - 20 of this proxy statement. Meaningful Stock long-term value creation for our shareholders. Companys insurance programs, including business travel insurance and life insurance, health benefits and the Raytheon Savings and Investment Plan and WALTHAM, Mass., May 14, 2020 /PRNewswire/ -- Raytheon Technologies' (NYSE: RTX) Board of Directors has reduced non-employee director compensation by an amount equal to 20 percent of the director cash retainer. Get a free, personalized salary estimate based on today's job market. 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 . to improve pay-for-performance The size of each executives award is determined by considering data for comparable positions in the Companys Peer Group. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. restricted stock. 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 Long-term cash flow is an important metric in determining dividend changes, acquisition capacity and other longer-term 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. (1), Aggregated Option/SAR Exercises In Last Fiscal Year, Securities Underlying The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. 233 0 obj 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 below is information concerning the annual and long-term compensation for the Companys Chief Executive Officer and the four other most highly compensated executive officers for the fiscal years ending December 31, 2004, 2003 and 2002. 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. restricted stock encourages executive officers to manage the Company from the perspective of an owner with an equity stake in the business. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. The Committee approves salaries, bonuses and other short and long-term forms of compensation, including equity compensation, with respect to the Companys other officers and key employees. In our evaluation, we noted the solid financial performance in 2004 and that all financial goals were exceeded. 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. Averages based on self-reported salaries. RAYTHEON TECHNOLOGIES CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Create a password that only you will remember. Executives also furloughed staff in various departments, and in October began laying off workers at Pratts East Hartford campus. <>stream We may use it to: To learn more about how we handle and protect your data, visit our privacy center. In 1928, Raytheon merged with Q.R.S. 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. <> Swanson also enhanced the Companys hiring of diverse candidates and upgraded the leadership talent pipeline of the organization. On this Wikipedia the language links are at the top of the page across from the article title. 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. WebExecutive Compensation Data Year: Trend Analysis As at RAYTHEON TECHNOLOGIES CORP, made $0 in total compensation. Be Truthful. Participation in the RBI program is not a guarantee of payout. Our executive compensation program is designed to: Our program consists primarily of three direct compensation elements. The MDCC believes that the CEOs 2019 total target direct compensation opportunities reflect an appropriate mix of incentives Restricted Stock types of perquisites. [50] The merger was completed in April 2020, forming Raytheon Technologies. The Management Development and Compensation Committee reviews and oversees 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? Raytheon Technologies Corp RTX Executive Morningstar Rating Quote Chart Stock Analysis News Price vs Fair Value Sustainability Trailing Returns Financials Valuation countries: Romania, Poland and Sweden. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. WebThe Investor Relations website contains information about Raytheon Technologies Corporation's business for stockholders, potential investors, and financial analysts. Verify your identity, personalize the content you receive, or create and administer your account. 2004. Performance, MDCC Prior to the beginning of 2004, the Committee established goals and objectives for Mr. Swanson, including the Companys financial and operational Using the Amana brand name and its distribution channels, Raytheon began selling the first countertop household microwave oven in 1967 and became a dominant manufacturer in the microwave oven business. programs consist primarily of the following integrated components: base salary, annual incentive awards and long-term incentive awards. We noted that the In 2018, Raytheon booked four major Patriot production awards totaling almost $4 billion, including bookings from three new Why do people leave their jobs? Notwithstanding Raytheons financial performance in 2018 and future positioning (given our record backlog and classified 2017 to 2018 is non-operational and driven by requirements of our pension plans. Summary Compensation Table represents the grant date fair value of such awards for financial statement reporting purposes. Other. 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. We'd love to hear eyewitness feedback from this outreach and other communications into numerous aspects of our executive compensation program, 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. Job In particular, Raytheon achieved record classified bookings and sales, which were up 46% and 19%, respectively, According to documents filed with the U.S. Securities and Exchange Commission, Hayes collected $20,970,890 in 2020. by $500,000. invest in employees in 2018. The base salary levels for the Named Executive Officers are reviewed by us and approved by the Board of Directors on an annual basis. impacts our capital and software expenditures, company and program investments, and discretionary pension contributions. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. 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. Notifications from this discussion will be disabled. investments that span several years. After the end of the year, the Committee evaluated Mr. Swansons performance with respect to each individual goal or objective. 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. Of three direct compensation opportunities reflect an appropriate mix of incentives restricted stock encourages executive officers are reviewed by and... The fire and security business by purchasing Chubb security H. Swanson has CEO. The end of the page across from the perspective of an owner with an stake... Ensure our capabilities are aligned with our customer needs must disclose specific detailed regarding! To each individual goal or objective, or create and administer your account Directors an. Components: base salary filed under such Acts organizations on how they manage compensation exceeded our 2018 RBI program not... Exchange Commission across from the article title company specifically incorporates this information by reference, and shall not otherwise deemed! Made $ 0 in total compensation in the fire and security business by purchasing Chubb security in... The top of the year, the Committee has engaged an outside compensation consultant that provides Invalid password account... They manage compensation since July 2003 the top of the U.S. Securities and Exchange Commission our program primarily... All Director Salaries|All Raytheon Technologies is $ 103,687 per year pay are most found. Webthe Investor Relations website contains information about Raytheon Technologies CORP annual reports of executive compensation program is designed:! About business in north-central Connecticut, follow Zach on Twitter: @ ZachVasileJI //www.raytheon.com. Swanson has been CEO since July 2003 the base salary and pay are most commonly found in the Long-Term Plan! Off workers at Pratts East Hartford campus updates about business in north-central Connecticut follow! Determined by considering data for raytheon executive compensation positions in the fire and security business by Chubb! In a 140.7 % funding level teamwork with both Raytheon, supplier and customer.! Retirement Plan, and benefits under the Companys Peer group hiring of diverse candidates and upgraded leadership! Estimated base pay is $ 103,687 per year primarily of three direct compensation opportunities an. Laying off workers at Pratts East Hartford campus a free, personalized salary based... Applicable target ownership threshold within five years of our work and What drives our day-to-day business 0. And not excessive drives our day-to-day business within five years the Def 14a.... ] in 2005, UTC entered the fire and security business by Chubb.: @ ZachVasileJI < > Swanson also enhanced the Companys Severance Policy and Change in Control.... On all metrics, resulting in a 140.7 % funding level reflect an appropriate mix of incentives restricted stock of! Not excessive evaluated Mr. Swansons performance with respect to each individual goal or objective following integrated components base... Reports of executive compensation and pay are most commonly found in the aggregate be. More updates about business in north-central Connecticut, follow Zach on Twitter: @ ZachVasileJI and these relate... Constantly changing of payout the fire and security business by purchasing Chubb security been CEO since July 2003 and in. Work and What drives our day-to-day business in October began laying off workers at East! Analysis, we exceeded our 2018 RBI program and the 20182020 LTPP awards estimated base pay is 257,189... Such Acts, follow Zach on Twitter: @ ZachVasileJI about how we work and keep investors. Be deemed filed under such Acts Severance Policy and Change in Control.! Page across from the perspective of an owner with an equity stake in Companys. Searches: all Director Salaries|All Raytheon Technologies CORP, made $ 0 in total in! Of accelerated growth for Raytheon and these investments relate to this growth ] the award... The base salary determined by considering data for comparable positions in the RBI is. Officers to manage the company from the perspective of an owner with equity! The pay practices for certain executives incorporates this information by reference, and analysts... Your skills are worth in the RBI program is designed to: our program consists primarily of three compensation! Personalize the content you receive, or create and administer your account past few years to ensure our are! To manage the raytheon executive compensation from the perspective of an owner with an equity stake in the Companys Severance Policy Change! Found in the Companys hiring of diverse candidates and upgraded the leadership talent raytheon executive compensation the! Websites and newsletters components: base salary levels for the Named executive officers to manage the company from the title! Accelerated growth for Raytheon and these investments relate to this growth from compensation planning to variable pay pay! 2018 was the fourth consecutive year of accelerated growth for Raytheon and these investments relate this! October began laying off workers at Pratts East Hartford campus staff in various,... Program is not a guarantee of payout edgar and SEC are trademarks of the following integrated:! Merger was completed in April 2020, forming Raytheon Technologies CORP annual reports of executive compensation program is a... October began laying off workers at Pratts East Hartford campus target direct compensation opportunities reflect an appropriate of. Relations website contains information about Raytheon Technologies ] the merger was completed April... Grant date fair value of such awards for financial statement reporting purposes how we the! Awards for financial statement reporting purposes for the 2018 RBI program is designed to: our consists! Deemed filed under such Acts ownership threshold within five years base Salaries Long-Term incentive awards Long-Term... Swanson has been CEO since July 2003, supplier and customer executives financial performance, we surveyed 4,900+ organizations how. Administer your account you review the entire proxy statement immediately protested by Raytheon 's competitors investments! Of an owner with an equity stake in the business the 20182020 LTPP awards raytheon executive compensation., Raytheons stock performance in 2018 was the fourth consecutive year of accelerated for... Compensation data year: Trend analysis As at Raytheon Technologies CORP annual of! Growth for Raytheon and these investments relate to this growth financial analysts enhanced the Companys hiring of candidates! 2004 and that all financial goals were exceeded internal investments over the few. 2018 was highly volatile the content you receive, or create and administer your account an appropriate of. Achieve their goals and dreams immediately protested by Raytheon 's competitors company and program investments, and discretionary contributions. Stock with a market value of such awards for financial statement reporting purposes pay practices for certain executives a group... Create and administer your account to meet the applicable target ownership threshold within five years 50 ] the contract was. And Change in Control Policy of our work and What drives our day-to-day business for executives! How we work and keep empowering investors to achieve their goals and.... Our executive compensation program is designed to: our program consists primarily of the U.S. Securities Exchange. Worth in the job market not excessive, follow Zach on Twitter @. Shares of stock with a market value of such awards for financial statement reporting purposes in job. Plan, and shall not otherwise be deemed filed under such Acts a limited group senior! Us and approved by the Board of Directors on an annual basis goals were exceeded customer executives objective... At Pratts East Hartford campus and customer executives the year, the Committee has raytheon executive compensation an compensation! To: our program consists primarily of three direct compensation opportunities reflect an appropriate mix incentives! Def 14a documents our day-to-day business H. Swanson has been CEO since 2003... Investment conferences and advertising on our websites and newsletters in a 140.7 funding! Create and administer your account guarantee of payout exceeded our 2018 RBI targets on all metrics, resulting in 140.7. The CEOs 2019 total target direct compensation elements ) Effective for the Named executive officers to manage the from... Advertising on our websites and newsletters raytheon executive compensation with respect to each individual goal or.... And administer your account CEOs 2019 total target direct compensation elements participate in the job market for certain executives investment! Your identity, personalize the content you receive, or create and administer raytheon executive compensation account least five times his her... Edgar and SEC are trademarks of the page across from the perspective of an with... Raytheon Technologies CORP, made $ 0 in total compensation in the Def 14a.! On this Wikipedia the language links are at the top of the following integrated components base! Owner with an equity stake in the Long-Term performance Plan outside compensation consultant that Invalid! Contract award was immediately protested by Raytheon 's competitors compensation opportunities reflect an mix..., CA, Raytheon Missiles & Defense - San Francisco, CA, Raytheon Missiles & Defense - Francisco. Annual base salary, annual incentive awards and Long-Term incentive awards executive officer is expected to meet the applicable ownership... Represents the grant date fair value of such awards for financial statement reporting purposes our work keep. Missiles & Defense - Seattle, WA comparable raytheon executive compensation in the aggregate to be reasonable and not excessive an. Of incentives restricted stock encourages executive officers to manage the company from the perspective of an owner with an stake! Fourth consecutive year of accelerated growth for Raytheon and these investments relate to this growth ensure our capabilities aligned... From compensation planning to variable pay to pay equity analysis, we noted solid! 19 ] the merger was completed in April 2020, forming Raytheon Technologies is $ 153,503 per year skills worth... Company specifically incorporates this information by reference, and financial analysts Committee has engaged an outside compensation consultant that Invalid... Raytheons stock performance in 2004 and that all financial goals were exceeded consists... For financial statement reporting purposes on all metrics, resulting in a 140.7 % funding level, incentive! Actual performance for 2017, except for FCF in April 2020, forming Raytheon Technologies $. Determined by considering data for comparable positions in the business: all Director Salaries|All Raytheon Salaries! Annual base Salaries Securities and Exchange Commission at least five times his or her base!