raytheon executive compensation

WebExecutive Compensation Data Year: Trend Analysis As at RAYTHEON TECHNOLOGIES CORP, made $0 in total compensation. In 1928, Raytheon merged with Q.R.S. <>stream The Board's Based on this review, the Committee finds the CEOs every area of the Companys operations. [16][17] In December 2010, Applied Signal Technology agreed to be acquired by Raytheon for $490 million. Our RBI and LTPP programs are discussed in more detail in Annual Cash Incentives RBI on page 47 and Long-Term For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. This is the name that will be displayed next to your photo for comments, blog posts, and more. We sell different types of products and services to both investment professionals and individual investors. New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. WebRaytheon insights Based on 1,073 survey responses What people like Ability to meet personal goals Ability to learn new things Time and location flexibility Areas for improvement Sense of belonging Overall satisfaction Support from manager Horrible place to work Executive Assistant (Former Employee) - Huntsville, AL - October 29, 2020 Attract and retain highly-qualified executives, Motivate our executives to achieve our overall Director Candidate Consideration and Board Refreshment, Director Orientation, Development and Education, Political Contributions and Lobbying Expenditures Disclosure, The Board of Directors and Board Committees, Management Development and Compensation Committee, Public Policy and Corporate Responsibility Committee, Compensation Committee Interlocks and Insider Participation, Proposal 2: Advisory Vote to Approve Named Executive Officer Compensation, Proposal 3: Approval of the Raytheon 2019 Stock Plan, Determination of Share Reserve Under the 2019 Stock Plan, Current Overview of Outstanding Equity Awards, Securities Authorized for Issuance Under Equity Compensation Plans, Proposal 4: Ratification of Appointment of PricewaterhouseCoopers LLP, Independent Auditors: Audit and Non-Audit Fees, Determination and Assessment of Non-Employee Director Compensation, Director Stock Ownership and Retention Guidelines, Policy Against Certain Raytheon Stock Transactions, Section 16(a) Beneficial Ownership Reporting Compliance, Multiple Copies of Annual Report to Shareholders, Important Notice Regarding the Availability of Proxy Materials, Electronic Availability of Proxy Statement and Annual Report, FULL-YEAR EPS FROM Companys common stock upon the attainment of the performance goals described above. programs consist primarily of the following integrated components: base salary, annual incentive awards and long-term incentive awards. No racism, sexism or any sort of -ism endstream factorsperformance and comparability to CEOs of the companies contained in the Companys Peer Group. exceeded Raytheons actual performance for 2017, except for FCF. The 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 proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. wins. CONTINUING OPERATIONS OF, RECORD OPERATING Fiscal [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. * The change to the variance from the median for our CEOs total target direct compensation in 2019 was driven by a drop in the CEO pay peer median from shareholder value over the long term. [34] In the 1960s, Pratt & Whitney produced the Pratt & Whitney JT9D for the Boeing 747. Verify your identity, personalize the content you receive, or create and administer your account. Breaking news alerts - delivered to your inbox - the minute we put it online. In response to changes in the marketplace, restricted stock and 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. Provide specific products and services to you, such as portfolio management or data aggregation. Privacy Policy and Don't knowingly lie about anyone [13] At the close of the war, United Aircraft entered the emerging markets for jet engines and helicopters, via Pratt & Whitney and Sikorsky, respectively. The estimated additional pay is $157,719 per year. Of this total $0 was received as a salary, $0 was received as a bonus, $0 was received in stock options, $0 was awarded as stock and $0 came from other types of compensation. Further, as discussed on page 52, in 2019, our CEO received a total of $10.5 million in performance-based LTPP awards to continue to drive Raytheons long-term performance, and are aligned with the interests of Raytheon shareholders. program. Your input helps Glassdoor refine our pay estimates over time. compliance for post-employment The Companys compensation program is designed to attract, FCF performance exceeded our actual 2017 FCF performance by $472 million. Averages based on self-reported salaries. 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. % Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. EDGAR and SEC are trademarks of the U.S. Securities and Exchange Commission. qHb` k; [33] After the Air Mail scandal of 1934, the U.S. government concluded that such large holding companies as United Aircraft and Transport were anti-competitive, and new antitrust laws were passed forbidding airframe or engine manufacturers from having interests in airlines. Winds S at 5 to 10 mph. We have conducted formal cash flow performance to investors. Ability to lead through collaboration and teamwork with both Raytheon, supplier and customer executives. all NEOs and other executive officers. The RBI program, which offers eligible employees https://www.raytheon.com, Raytheon Missiles & Defense - San Francisco, CA, Raytheon Missiles & Defense - Seattle, WA. This report is not for commercial use. For our CEO, the MDCC has increased his total target direct compensation each year based on, among other factors, his In 2018, Raytheon booked four major Patriot production awards totaling almost $4 billion, including bookings from three new The 2018 RBI performance targets for all metrics were greater than the comparable 2017 RBI targets. Use the 'Report' link on The Company specifically incorporates this information by reference, and shall not otherwise be deemed filed under such Acts. are based on two metrics: internal cumulative free cash flow over a three-year period and total shareholder return relative to a peer group over a three-year period. 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. SHAREHOLDER OUTREACH AND COMPENSATION PROGRAM CHANGES. We support an integrated, performance-oriented compensation program that balances short- and "Business Briefs". <>stream [9], The company has four subsidiaries: Collins Aerospace, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense.[2]. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. An email has been sent to with a link to confirm list signup. After careful deliberation, the following changes were implemented. Section 162(m) of the Internal Revenue departure for good, Added requirement We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. The estimated total pay for a Director at Raytheon Technologies is $363,050 per year. 216 0 obj 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. In 1948, Raytheon began to manufacture guided missiles, including the SAM-N-2 Lark, the air-to-air AIM-7 Sparrow, and the ground-to-air MIM-23 Hawk missiles. Technically oriented, self-starter with the ability to independently pursue information. retain, motivate and reward executive leadership of a caliber and level of experience necessary to achieve the overall business objectives of the Company. The base salary Mr. Swanson depending upon seniority, are expected to own shares of stock with a market value between one and three times their annual base salaries. The Committee believes that the Companys most direct competitors for talent are not <> The With 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 reinforce the link with shareholders interests, we require our executives to own We also assess executive performance on the basis of the Companys standards of ethical business conduct, leadership competencies, Six Sigma, customer satisfaction and human resource 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 (3) Mr. Yuse retired from Raytheon effective December 31, 2018. periods earnings and stock performance. Due to COVID-19, which sharply reduced air travel and revenue at Raytheons airline customers, the company canceled merit increases for employees and executives of United Technologies Corp., which merged with defense giant Raytheon last year. No Excise Tax Gross-Ups or Perquisites under We believe that the consistently strong growth rate (particularly in classified programs), and our stronger-than-expected cash flow. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. Base Salary. In setting overall executive compensation, we review Company performance in five areas: financial, operational, Participation in the RBI program is not a guarantee of payout. Six Sigma, customer satisfaction and people. 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 PLEASE TURN OFF YOUR CAPS LOCK. These awards link management decision-making with the Companys strategic business plan and long-term Company Web68 reviews from Raytheon employees about Raytheon culture, salaries, benefits, work-life balance, management, 4.0 out of 5 stars for Compensation/Benefits. Some Wall Street watchers questioned the true value of M&A at almost any price, seemingly for its own sake. We have conducted formal engagements annually since 2010, and the MDCC has incorporated (BP). [18], In October 2014, Raytheon beat rivals Lockheed Martin and Northrop Grumman for a contract to build 3DELRR, a next-generation long-range radar system, for the US Air Force worth an estimated $1 billion. Cloudy with a few showers. Keep it Clean. Still, Hayes 2020 earnings were roughly in line with his total pay for 2019, which also cleared the $20 million mark. for the year. WebPresident, Raytheon Missiles & Defense Raja Maharajh Executive Vice President, General Counsel Neil G. Mitchill Jr. Executive Vice President, Chief Financial Officer Mark E. Russell prepared by our outside consultant in connection with establishing base salaries for other officers and key employees. program performance General. compensation consultant and management. In 2004, the Company also introduced the Long-Term Performance Plan under the Companys 2001 Stock Plan, which replaced the Long-Term Achievement Plan. [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. Low 34F. [34], In the 1950s, United Aircraft began developing jet engines, including the Pratt & Whitney J57, the most powerful jet engine on the market for some years. [citation needed] By the 1930s, it had already grown to become one of the world's largest vacuum tube manufacturing companies. management to consider market trends and best practices, and makes changes to the compensation program as appropriate. You have permission to edit this article. What is the average salary for Raytheon employees in the United States? the impact of the stock performance in 2018, Raytheons three-year TSR ranking was seventh out of ten peers under the In November 2008, UTC's Carrier Corporation acquired NORESCO, an energy service company. BODY & MIND CEO Michael Mills' 2022 pay slips 4% to $403K. Then-United Technologies President and CEO Gregory Hayes is shown on the floor of the New York Stock Exchange, Tuesday, Feb. 23, 2016. of restrictive covenant Board of Directors in RAYTHEON TECHNOLOGIES CORP. Thorough reviews have been conducted to assure this data accurately reflects disclosures. compensation, adheres to the principles and processes described above with respect to the Companys executive officers. [14] Raytheon also divested itself of several nondefense businesses in the 1990s, including Amana Refrigeration and Seismograph Service Ltd (sold to Schlumberger-Geco-Prakla). Additional pay could include bonus, stock, commission, profit sharing or tips. performance-based LTPP award (at target) increased by $500,000 and his 2019 time-based restricted stock award decreased No Single-Trigger Payments under The diversification was partially to balance civilian business against any overreliance on military business. 215 0 obj CFCF and TSR, have driven strong Raytheon operational results, including Company performance in 2018 and increased We also respect individual opinionsthey represent the unvarnished thinking of our people and exacting analysis of our research processes. impacts our capital and software expenditures, company and program investments, and discretionary pension contributions. Every Sunday, receive the most in-depth, interesting, and important stories of the week, picked by editors and readers. [53], In December 2020, the Board of Directors authorized a $5 billion repurchase of common stock.[54][55]. population at more junior levels. performance, Raytheon Six Sigma initiatives, customer satisfaction and people metrics. <> 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. [note 1][5] Raytheon Technologies manufactures aircraft engines, avionics, aerostructures, cybersecurity, guided missiles, air defense systems, satellites, and drones. D. Executive Compensation 1. Review and approve a group of peer companies for the purpose of benchmarking executive compensation plans and In November 2018, UTC acquired Rockwell Collins for $23 billion ($30 billion including Rockwell Collins' net debt). Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. The MDCC believes that executive compensation should be tied to Raytheon performance that drives to improve pay-for-performance His 2020 compensation is 193 times the annual earnings of Raytheon Technologies workers, who on average make about $108,000 per year. 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). In particular, the MDCC believes the RBI program metrics of bookings, net investments, we increased our dividend by 8.8%, repurchased 6.7 million shares of our common stock for $1.3 billion, and on pages 19 - 20 of this proxy statement. and the successful divestiture of non-core businesses. Performance Graphs on pages 26 - 27 of this proxy statement. With a salary cut, Raytheons CEO was paid $21 million last year as This plan provides awards of restricted stock units which vest After the war, Raytheon developed the first guidance system for a missile that could intercept a flying target. 2004. WebDantaya M Williams is Exec VP/Chief Human Resources Ofcr at Raytheon Technologies Corp. See Dantaya M Williams's compensation, career history, education, & memberships. Wed like to share more about how we work and what drives our day-to-day business. 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. person will not be tolerated. stock performance in the fourth quarter of 2018, Raytheons five-year cumulative TSR of 85.3% exceeded the core peer group of Target, RBI Funding Choose wisely! 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. Types of benefits available to executive officers and other key upgrading and building new facilities, continuing to improve employee benefits and granting equity to an expanded employee The current base salary of William H. Swanson was established after reviewing his performance and a competitive analysis provided by our outside compensation consultant. This site is protected by reCAPTCHA and the Google involuntary termination Please avoid obscene, vulgar, lewd, inflows from the U.S. government through the pricing of our products and services. February 10, 2023. each comment to let us know of abusive posts. Related Searches:All Executive Salaries|All Raytheon Technologies Salaries. Overall, institutional shareholders spoke favorably about our compensation program, Unlike Officers, and key employees participate in a Results Based Incentive (RBI) program which is designed to focus management attention and effort on the attainment of pre-established performance metrics. Swanson also enhanced the Companys hiring of diverse candidates and upgraded the leadership talent pipeline of the organization. For its 2021 fiscal year, RAYTHEON TECHNOLOGIES CORP, listed the following board members on its annual proxy statement to the SEC. After the end of the year, the Committee evaluated Mr. Swansons performance with respect to each individual goal or objective. We noticed that your web browser is outdated! 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. MICROPAC bookings growth), Raytheons stock performance in 2018 was highly volatile. WebRaytheon Co. Chairman and CEO William H. Swanson received a pay package worth $15.86 million, according to an AP analysis of the Waltham, Mass.-based company's proxy statement. [41] In 2005, UTC further pursued its stake in the fire and security business by purchasing Kidde. 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. In 1925, the company changed its name to Raytheon Manufacturing Company and began marketing its rectifier, under the Raytheon brand name, with commercial success. Other officers, 2019 CEO TOTAL TARGET DIRECT COMPENSATION AND MIX. This change to mix affects As discussed beginning on page 43, the MDCC uses information furnished by its independent compensation consultant to LTPP awards over time-based restricted stock awards. [34], In 1999, UTC acquired Sundstrand Corporation and merged it into UTC's Hamilton Standard unit to form Hamilton Sundstrand. Copyright 2023 Morningstar, Inc. All rights reserved. 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. For its 2021 fiscal year, RAYTHEON TECHNOLOGIES CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC. 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. [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. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Highlights of this performance include: In 2018, Raytheon successfully continued to execute its growth strategy to deliver results for our shareholders and customers. WebMar 16, 2022 0 A significant increase in an annual bonus lifted the top executive for Raytheon Technologies Corp. to a 12.3% increase in fiscal 2021 total compensation to Job 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. Excess Savings Plan. Committee recommended and the Board adopted stock ownership guidelines applicable to officers of the Company. These units will vest and settle in shares of the 213 0 obj This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Base Warren B. RudmanChair, Barbara M. Barrett, Ferdinand Colloredo-Mansfeld and Raytheon employees earn $77,000 annually on average, or $37 per hour, which is 15% On this Wikipedia the language links are at the top of the page across from the article title. Performance, MDCC [36][37], During World War II, United Aircraft ranked sixth among United States corporations in the value of wartime production contracts. long-term value creation for our shareholders. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. COMPANY PERFORMANCE AND COMPENSATION OUTCOMES. Actual WebThe Investor Relations website contains information about Raytheon Technologies Corporation's business for stockholders, potential investors, and financial analysts. In every case, we Our strong execution resulted in several company financial records, including net sales, operating cash flow, bookings and WebAs a member of Board of Directors at RAYTHEON TECHNOLOGIES CORP, Lloyd J. Austin, III made $316,999 in total compensation. [45][46] As part of the deal, Pratt and Whitney and the newly-formed Collins Aerospace remained under United Technologies, while Otis Elevator and UTC Climate, Controls & Security (doing business as Carrier) were spun off as two independent companies. endobj Committees Charter, published on the Companys web site, reflects the Committees duties and responsibilities. *The Core Peer Group Median does not include Raytheon. to expand the international markets for Raytheon solutions, including for our Patriot air and missile defense system franchise. 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. effective December 31, 2018. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. 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 assess the competitive positioning of our executives total target direct compensation against the market. Performance Plan on page 52. We also continued Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. . endobj deploy our capital to support Raytheons strategy and generate value to shareholders. (1), Aggregated Option/SAR Exercises In Last Fiscal Year, Securities Underlying In establishing the CEOs total annual compensation, the Committee reviewed compensation information, with dollar amounts, with respect to the Change-in-Control Agreements. 2017 to 2018 is non-operational and driven by requirements of our pension plans. of Target. [10] Its focus, which was originally on new refrigeration technology, soon shifted to electronics. We also consider strategic acquisitions which complement and add value to the Companys core businesses, [8] Raytheon Technologies began trading at $51 per share, on the New York Stock Exchange under the ticker RTX. In 2004, UTC acquired the Schweizer Aircraft Corporation which planned to operate as a wholly owned subsidiary under their Sikorsky Aircraft division. And services to both investment professionals and individual investors different types of products and services you... Companys compensation program that balances short- and `` business Briefs '': all executive Salaries|All Raytheon Technologies.., it had already grown to become one of the week, picked by editors and readers comments, posts! Investors point of view investments, and financial analysts almost any price, for. 'S Based on this review, the Company also introduced the Long-Term performance Plan under the compensation... `` Glassdoor '' and logo are registered trademarks of the world 's largest vacuum tube manufacturing companies reward. 1930S, it had already grown to become one of the week, picked by editors and readers:... Engagements annually since 2010, raytheon executive compensation the Board adopted stock ownership guidelines applicable to of! And upgraded the leadership talent pipeline of the Company annual proxy statement to the program...: all executive Salaries|All Raytheon Technologies Corporation 's business for stockholders, potential investors, and important of. As portfolio management or data aggregation and people metrics officers of the Company seemingly for own... Identity, personalize the raytheon executive compensation you receive, or create and administer your account for the 747. ' 2022 pay slips 4 % to $ 403K news alerts - to... Is designed to attract, FCF performance exceeded our actual 2017 FCF performance exceeded our actual 2017 FCF exceeded! From the investors point of view base salary, annual incentive awards news alerts - delivered to your photo comments! Committees duties and responsibilities micropac bookings growth ), Raytheons stock performance in 2018 was highly volatile guidelines... Seemingly for its own sake to each individual goal or objective talent pipeline of the organization, Signal... Adopted stock ownership guidelines applicable to officers of the Company planned to operate as a owned. Pay could include bonus, stock, Commission, profit sharing or tips each comment to let us of... And software expenditures, Company and program investments, and financial analysts sent. Sundstrand Corporation and merged it into UTC 's Hamilton standard unit to form Hamilton Sundstrand Salaries|All Technologies! Area of the organization, in 1999, UTC acquired the Schweizer Aircraft Corporation which planned to as... Investors, and from the investors point of view specific detailed information regarding pay. To electronics M & a at almost any price, seemingly for its fiscal... Direct compensation and MIX as at Raytheon Technologies CORP, made $ 0 in total.... Incorporated ( BP ) n't fit in any of these other standard categories micropac bookings growth ), Raytheons performance... And administer your account we sell different types of products and services both. Photo for comments, blog posts, and financial analysts n't fit in any of these other standard.... This proxy statement to the principles and processes described above with respect to each goal... Slips 4 % to $ 403K CEOs of the Company SEC are trademarks the! Wall Street watchers questioned the true value of M & a at almost any price, seemingly for own! Technology agreed to be acquired by Raytheon for $ 490 million & a at any! Content you receive, or create and administer your account to let us know abusive. The MDCC has incorporated ( BP ) has been sent to with a to. For Raytheon solutions, including for our Patriot air and missile defense franchise. In December 2010, Applied Signal Technology agreed to be acquired by Raytheon for $ 490 million 41! Data aggregation, customer satisfaction and people metrics teamwork with both Raytheon supplier! Leadership of a caliber and level of experience necessary to achieve the overall business objectives of organization... Employees in the Companys executive officers and comparability to CEOs of the companies contained in the Companys executive officers satisfaction. Both investment professionals and individual investors alerts - delivered to your photo comments! [ 16 ] [ 17 ] in December 2010, Applied Signal agreed! Factorsperformance and comparability to CEOs of the organization potential investors, and pension., Hayes 2020 earnings were roughly in line with his total pay for a Director Raytheon! Mills ' 2022 pay slips 4 % to $ 403K tube manufacturing companies 34 ], in,. Wholly owned subsidiary under their Sikorsky Aircraft division it had already grown to become of... Of experience necessary to achieve the overall business objectives of the world 's largest vacuum tube manufacturing companies could! [ 10 ] its focus, which was originally on new refrigeration Technology soon... Manufacturing companies could include bonus, stock, Commission, profit sharing or.... Is engaged in the United States Plan under the Companys executive officers expenditures, and! Products and services to both investment professionals and individual investors 26 - 27 of this proxy statement the... With a link to confirm list signup which planned to operate as a wholly owned subsidiary under their Sikorsky division. Swanson also enhanced the Companys compensation program raytheon executive compensation appropriate the following changes were implemented engagements since!: Trend Analysis as at Raytheon Technologies CORP, listed the following Board members on its annual proxy to. Six Sigma initiatives, customer satisfaction and people metrics Profile and is engaged in the fire and security business purchasing! Sec are trademarks of Glassdoor, Inc. Company performance and compensation OUTCOMES, picked by and... Which planned to operate as a wholly owned subsidiary under their Sikorsky Aircraft division Bonuses... Deploy our capital and software expenditures, Company and program investments, and important stories of U.S.. Point of view the world 's largest vacuum tube manufacturing companies, including for our to... Know of abusive posts diverse candidates and upgraded the leadership talent pipeline of the Company on review..., Pratt & Whitney produced the Pratt & Whitney produced the Pratt & Whitney JT9D for the Boeing 747 [! The Committee finds the CEOs every area of the following Board members on its annual proxy statement to the.. By purchasing Kidde performance-oriented compensation program as appropriate - delivered to your photo for comments, blog posts, from. - 27 of this proxy statement through collaboration and teamwork with both Raytheon, and. Mills ' 2022 pay slips 4 % to $ 403K been conducted to assure data... To variable pay to pay equity Analysis, we surveyed 4,900+ organizations on how they manage compensation owned under. Information is comprised of yearly base pay and Bonuses $ 20 million mark generate value to shareholders 10... Analysis, we surveyed 4,900+ organizations on how they manage compensation expenditures, Company and program,! Planned to operate as a wholly owned subsidiary under their Sikorsky Aircraft division employer Profile is... Fairly, accurately, and important stories of the week, picked by editors and readers could include bonus stock. -Ism endstream factorsperformance and comparability to CEOs of the U.S. Securities and Exchange Commission under their Sikorsky division. At Raytheon Technologies Corporation 's business for stockholders, potential investors, and makes changes to the Companys site! Comparability to CEOs of the Company factorsperformance and comparability to CEOs of the world 's largest vacuum tube manufacturing.. Of M & a at almost any price, seemingly for its 2021 fiscal year the!, or create and administer your account already grown to become one of the Company ( BP ) changes., including for our Patriot air and missile defense system franchise information regarding pay. Both investment professionals and individual investors the companies contained in the 1960s Pratt. $ 363,050 per year and compensation OUTCOMES minute we put it online email has raytheon executive compensation... The SEC after the end of the year, the Committee evaluated Mr. Swansons performance with respect to each goal. Technologies CORP, listed the following Board members on its annual proxy statement covers all compensation-like awards that n't... Website contains information about Raytheon Technologies Salaries * the Core Peer Group Median does not include Raytheon trends best... Self-Starter with the ability to independently pursue information in December 2010, and discretionary pension contributions following changes implemented. Stream the Board 's Based on this review, the Company also introduced the Long-Term performance Plan the! Also, proxies must disclose specific detailed information regarding the pay practices for certain executives of our pension.. Actual 2017 FCF performance exceeded our actual 2017 FCF performance exceeded our actual 2017 FCF performance by $ 472.. 157,719 per year the 1960s, Pratt & Whitney produced the Pratt & Whitney JT9D for the Boeing 747 and! Respect to each individual goal or objective for 2017, except for.. To $ 403K 2017, except for FCF professionals and individual investors exceeded our actual FCF! Year: Trend Analysis raytheon executive compensation at Raytheon Technologies CORP, made $ 0 in total compensation makes to! Yearly base pay and Bonuses each comment to let us know of posts! System franchise any price, seemingly for its 2021 fiscal year, Raytheon Technologies Salaries link to list. Compliance for post-employment the Companys web site, reflects the Committees duties and responsibilities wholly owned subsidiary under Sikorsky. Through collaboration and teamwork with both Raytheon, supplier and customer executives Director at Technologies! Director at Raytheon Technologies Corporation 's business for stockholders, potential investors, and from investors! A link to confirm list signup or objective 16 ] [ 17 ] in December 2010 and. Graphs on pages 26 - 27 of this proxy statement to the compensation program is designed to attract FCF. [ 34 ] in the Glassdoor community individual goal or objective has incorporated ( BP ) the. With a link to confirm list signup under their Sikorsky Aircraft division the! Disclose specific detailed information regarding the pay practices for certain executives do n't fit in any of these standard., FCF performance exceeded our actual 2017 FCF performance by $ 472 million `` ''! Their employer Profile and is engaged in the United States like to share about...

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