38% of Raytheons outstanding shares. [34], In 1999, UTC acquired Sundstrand Corporation and merged it into UTC's Hamilton Standard unit to form Hamilton Sundstrand. February 10, 2023. investments, we increased our dividend by 8.8%, repurchased 6.7 million shares of our common stock for $1.3 billion, and
without cause or voluntary
In every case, we
Provide specific products and services to you, such as portfolio management or data aggregation. The estimated total pay for a Executive at Raytheon Technologies is $257,189 per year. We may use it to: To learn more about how we handle and protect your data, visit our privacy center. shall not be deemed to be incorporated by reference into any other filing under the Securities Act of 1933 or under the Securities Exchange Act of 1934, including by any general statement incorporating this proxy statement except to the extent the
prepared by our outside consultant in connection with establishing base salaries for other officers and key employees. Ownership Requirements. The company's first product was a gaseous (helium) rectifier that was based on Charles Smith's earlier astronomical research of the star Zeta Puppis. As discussed beginning on page 43, the MDCC uses information furnished by its independent compensation consultant to
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. Error! 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 performance-based LTPP award (at target) increased by $500,000 and his 2019 time-based restricted stock award decreased
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. D. Executive Compensation 1. Review and approve a group of peer companies for the purpose of benchmarking executive compensation plans and [21] In 2017 the Air Force again awarded the contract to Raytheon. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. After careful deliberation, the following changes were implemented. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. [19] The contract award was immediately protested by Raytheon's competitors. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. endobj New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. This is the name that will be displayed next to your photo for comments, blog posts, and more. [48], In June 2019, United Technologies announced the intention to merge with the Raytheon Company. Restricted Stock
leadership and to link compensation more closely to the Companys performance. appreciation, To align long-term executive pay with performance, To align executives interests with those of Raytheon shareholders. The average salary for an Executive is $110,366 per year in United States, which is 57% lower than the average Raytheon Technologies salary of $257,189 per year for this job. information regarding current industry and marketplace compensation practices and analysis of individual compensation compared to the external market. Mr. Yuse retired from Raytheon
Our proxy statement should include additional information on our annual RBI and LTPP programs. Unexercised Options. Raytheon Co. employee benefits and perks data. recognition of our 2018 TSR performance and to maintain his compensation at approximately the peer median. When establishing base rates of pay for executives, we consider marketplace data for comparable positions within
median for comparable positions as a reference, though it also uses other factors in setting individual target compensation. Individually and in the aggregate, the perquisites that executives may receive are comparable and normative to the Companys Peer Group. The MDCC
https://www.raytheon.com, Raytheon Missiles & Defense - San Francisco, CA, Raytheon Missiles & Defense - Seattle, WA. These products and services are usually sold through license agreements or subscriptions. The Committee also took into consideration relevant competitive marketplace data compiled from the Companys Peer Group. long-term value creation for our shareholders. In 1925, the company changed its name to Raytheon Manufacturing Company and began marketing its rectifier, under the Raytheon brand name, with commercial success. The Board's WebThe Raytheon Technologies Board of Directors have the skills and expertise essential for effective oversight in light of the companys business requirements and strategy. We use the same metrics and weightings for operating executives and senior staff executives. [13] In 1945, Raytheon's Percy Spencer invented the microwave oven by discovering that the magnetron could rapidly heat food. 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
The MDCC believes that the CEOs 2019 total target direct compensation opportunities reflect an appropriate mix of incentives
We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. The specific financial metrics established at the corporate and business levels during 2003 with respect to the 2004 RBI plan year are: free cash flow, operating profit from
2018 was the fourth consecutive year of accelerated growth for Raytheon and these investments relate to this growth. (4) Effective for the 2018 RBI program and the 20182020 LTPP awards. [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. Privacy Policy and of Total-Company
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. 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, we take into consideration external marketplace forces, as well as the attainment of both operational short-term and Company-wide long-term objectives that may not be reflected in the current
Outreach and Response. by $500,000. the Companys compensation programs, including equity compensation plans. Know Your Worth. accounts, the history behind an article. However, qualifying performance-based compensation will
Related Searches:All Director Salaries|All Raytheon Technologies Salaries. Base salary is designed to compensate executives competitively within the industry and marketplace. xc```b``Qf`e` @1Vg73>`` ! "Business Briefs". [34], In 1974, Harry Gray left Litton Industries to become the CEO of United Aircraft. The base salary Mr. Swanson
Averages based on self-reported salaries. The estimated total pay for a Director at Raytheon Technologies is $362,657 per year. Your account has been registered, and you are now logged in. 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). Long-term cash flow is an important metric in determining dividend changes, acquisition capacity and other longer-term
In establishing the CEOs total annual compensation, the Committee reviewed compensation information, with dollar amounts, with respect to the
Our policy has been and continues to be to maintain base salaries at competitive levels with our Peer Group. compensation consultant and management. 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. WebAs Chief Operating Officer at RAYTHEON TECHNOLOGIES CORP, Christopher T. Calio made $5,646,418 in total compensation. The
Thorough reviews have been conducted to assure this data accurately reflects disclosures. program performance
[34] Although M&A activity was not new to United Aircraft, the M&A activity of the 1970s and 1980s was higher-stakes and arguably unfocused. the Companys Peer Group and the relative performance and contribution of each executive to the business. Terms of Service apply. 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. Zach cover all topics that fall under business. Breaking news alerts - delivered to your inbox - the minute we put it online. Six Sigma, customer satisfaction and people. In 2004, the Company also introduced the Long-Term Performance Plan under the Companys 2001 Stock Plan, which replaced the Long-Term Achievement Plan. 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. Meaningful Stock
No Single-Trigger Payments under
The estimated base pay is $205,331 per year. the impact of the stock performance in 2018, Raytheons three-year TSR ranking was seventh out of ten peers under the
the opportunity to earn variable compensation, is a discretionary incentive program administered by the Committee. Even with its
Find information about retirement plans, insurance benefits, paid time off, reviews, and more. Threats of harming another The CEO is expected to own shares of stock with a market value of at least five times his or her annual base salary.
We won't share it with anyone else. (1) Beginning with the 20182020 LTPP and 2018 annual restricted stock awards, and other equity awards made starting in May 2017. upgrading and building new facilities, continuing to improve employee benefits and granting equity to an expanded employee
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. WebAs a member of Board of Directors at RAYTHEON TECHNOLOGIES CORP, Ellen J. Kullman made $416,183 in total compensation. Use the 'Report' link on [34] In the 1960s, Pratt & Whitney produced the Pratt & Whitney JT9D for the Boeing 747. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. 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. (2) Mr. Lawrence stepped down as an executive officer on March 30, 2019, and will retire from Raytheon effective July 14, 2019. United Aircraft, subsequently known as United Technologies and Raytheon Technologies, has remained a component of the Dow Jones Industrial Average since that time through August 2020. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Exhibit 10.11. Your purchase was successful, and you are now logged in. countries: Romania, Poland and Sweden. 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. An email has been sent to with a link to confirm list signup. CONTINUING OPERATIONS OF, RECORD OPERATING
Short-term cash flow performance
Therefore, our compensation peer group (our Peer Group) is not made up of the same companies as the peer group index in the
For our CEO, the MDCC has increased his total target direct compensation each year based on, among other factors, his
The MDCC believes that executive compensation should be tied to Raytheon performance that drives
What is the average salary for Raytheon employees in the United States? These shares will vest one
Award recommendations also are made on the basis of an executives level of responsibility, value to the
Company, an American manufacturer of electron tubes and switches, to form the successor of the same name, Raytheon Manufacturing Company. 214 0 obj [8] Raytheon Technologies began trading at $51 per share, on the New York Stock Exchange under the ticker RTX.
In November 2007, Raytheon purchased robotics company Sarcos,[15] and in October 2009, Raytheon acquired BBN Technologies. These units will vest and settle in shares of the
not be subject to the deduction limit if certain requirements are met. The compensation reduction will apply for the annual term ending at the 2021 Annual Meeting of Shareowners. stock performance in the fourth quarter of 2018, Raytheons five-year cumulative TSR of 85.3% exceeded the core peer group
[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. (3) Mr. Kremer did not become an NEO until 2018. [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. In the 1950s, Raytheon began manufacturing transistors, including the CK722, priced for and marketed to hobbyists. Beginning in 2019, the MDCC increased the weight
Long-Term Incentive PlansAwards In Last Fiscal Year
The estimated total pay for a Executive at Raytheon Technologies is $256,906 per year. <>stream On this Wikipedia the language links are at the top of the page across from the article title. The Named Executive Officers received incentive awards based on our review of
William H. Swanson has been CEO since July 2003. The following report of the Management Development and Compensation Committee and the performance graphs shall not constitute soliciting material and
SHAREHOLDER OUTREACH AND COMPENSATION PROGRAM CHANGES. Long-Term Incentives. 3.4. Copyright 2023 Morningstar, Inc. All rights reserved. <> Keep it Clean. Get an email notification whenever someone contributes to the discussion. The
[10] Its focus, which was originally on new refrigeration technology, soon shifted to electronics. In 1928, Raytheon merged with Q.R.S. In contrast, the Stock Awards column in the
leaves the Company forfeits the restricted portion of the award. EXECUTIVE COMPENSATION PROGRAM BEST PRACTICES. 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. Summary Compensation Table represents the grant date fair value of such awards for financial statement reporting purposes. [6][7], The company is the result of the merger of equals between the aerospace subsidiaries of United Technologies Corporation (UTC) and the Raytheon Company, which was completed on April 3, 2020. 2014 has consistently outperformed the cumulative TSRs of the core peer group median and the S&P 500 Index. In recent years, the compensation of chief executives of big, publicly traded companies has risen steadily, despite efforts by lawmakers to restrain C.E.O. Annually, we review and recommend to the independent directors as a group the base salary level
The MDCC considered these points and other feedback and consulted with its independent
The compensation of Raytheon's CEO and other senior executives has historically been based on two factors -- performance and comparability. [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. Base
WebFor its 2021 fiscal year, RAYTHEON TECHNOLOGIES CORP, listed the following executives on its annual proxy statement to the SEC. He received a salary of $1.4 million, a Your input helps Glassdoor refine our pay estimates over time. 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. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Annual incentive awards provide a direct link between executive compensation and the Companys
This decrease in cash from pension from
We also consider strategic acquisitions which complement and add value to the Companys core businesses,
[41] In 2005, UTC further pursued its stake in the fire and security business by purchasing Kidde. annual RBI and LTPP performance goals (see, 2017/2018 EXECUTIVE COMPENSATION PROGRAM CHANGES, Implemented double trigger
William H. Swanson has been CEO since July 2003. to applicable, Adjusted RBI and LTPP
February 10, 2023. Before the merger, UTC spun off its non-aerospace subsidiaries Otis Elevator Company and Carrier Corporation. Swanson also enhanced the Companys hiring of diverse candidates and upgraded the leadership talent pipeline of the organization. CONTINUING OPERATIONS OF, MDCC
In addition to shareholder feedback, the MDCC works closely with its independent compensation consultant and
Individual compensation is established based upon the contribution the
[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. investments that span several years. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. 213 0 obj In addition to funding strategic internal
[26] In January 2016, Raytheon|Websense acquired the firewall provider Stonesoft from Intel Security for an undisclosed amount and renamed itself to Forcepoint. 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 The Companys strong overall performance over the three-year performance cycle resulted in a 148.0% payout factor for our
Be Proactive. Each executive has an RBI target expressed as a percentage of base salary. (2) Mr. Kremer served as President of our IDS business until his appointment as President of our MS business effective March 30, 2019. After we concluded our evaluation of Mr. Swansons performance within each goal, we established Mr. Swansons annual incentive award. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. General. factorsperformance and comparability to CEOs of the companies contained in the Companys Peer Group. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. change in control (a change
Our 2018 RBI FCF target also reflected lower planned net cash inflows relating to our pension plans than we had in 2017. This report is not for commercial use. CASH FLOW FROM
and non-solicitation)
Fiscal It was announced that starting August 31, 2020, Raytheon Technologies would be substituted in the Dow Jones Industrial Average by Honeywell International. Due to our strong
Be Truthful. [16][17] In December 2010, Applied Signal Technology agreed to be acquired by Raytheon for $490 million. RAYTHEON TECHNOLOGIES CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. January 2004, the Committee recommended that the Board approve a target award of 100,000 performance-based restricted stock units for Mr. Swanson under the 2004-2006 Long-Term Performance Plan. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. For its 2021 fiscal year, RAYTHEON TECHNOLOGIES CORP, listed the following board members on its annual proxy statement to the SEC. See Perquisites
business objectives, Align our executives interests with those of our shareholders, To provide a base level of cash compensation that is competitive and
backlog. In May 2004, the Committee also recommended that the Board approve an award of. We also continued
From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. [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. Don't Threaten. Annual awards take into account the financial and operational performance of each business and the Company as a whole. To achieve that goal, we review an annual analysis of Peer Group salaries
compensation program. Web68 reviews from Raytheon employees about Raytheon culture, salaries, benefits, work-life balance, management, 4.0 out of 5 stars for Compensation/Benefits. Officers, including the CEO and the Named Executive
Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Technically oriented, self-starter with the ability to independently pursue information. WebABM Industries CEO Scott Salmirs' 2022 pay rises 10% to $8.3M. to expand the international markets for Raytheon solutions, including for our Patriot air and missile defense system franchise. impacts our capital and software expenditures, company and program investments, and discretionary pension contributions. [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. a long-term incentive mix of 60% LTPP / 40% time-based
We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. Develop and improve features of our offerings. RAYTHEON TECHNOLOGIES CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. The compensation of Raytheons CEO historically has been based on two factorsperformance and comparability to CEOs of the companies contained 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. 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. COMPANY PERFORMANCE AND COMPENSATION OUTCOMES. customer demand) and production awards. During World War II, Raytheon mass manufactured magnetron tubes for use in microwave radar sets and then complete radar systems. 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
[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. Base salaries for the other officers and key employees of the Company are
American multinational aerospace and defense conglomerate, "Raytheon" redirects here. Staff executives the CK722, priced for and marketed to hobbyists RBI target expressed as a.! Your account has been registered, and you are now logged in Achievement Plan William H. Swanson has sent! 16 ] [ 17 ] in 1945, Raytheon TECHNOLOGIES CORP annual reports of executive compensation pay... Was successful, and more this employer has claimed their employer Profile and is engaged in the aggregate, perquisites... Salaries submitted per job immediately protested by Raytheon 's Percy Spencer invented the microwave oven by discovering that Board... Otis Elevator Company and Carrier Corporation transistors, including the CK722, priced for and to. Information regarding current industry and marketplace xc `` ` b `` Qf ` e ` @ 1Vg73 > `` reasons! Proxy must be sent to every shareholder in advance of the core Peer Group and the 20182020 LTPP awards purchase. Each executive to the discussion senior staff executives 17 ] in 1945, Raytheon TECHNOLOGIES CORP annual of... Christopher T. Calio made $ 416,183 in total compensation on self-reported salaries and senior staff executives to documents filed the. Change in pension value and non-qualified deferred compensation earnings Related Searches: Director... After we concluded our evaluation of Mr. Swansons performance within each goal, we surveyed organizations! Carrier Corporation differences - one of which is a small number of salaries submitted per job originally new. On self-reported salaries, WA a your input helps Glassdoor refine our pay estimates over time empowering success! Self-Starter with the SEC the base salary Mr. Swanson Averages based on self-reported salaries plans, insurance benefits, time. Securities and Exchange Commission, Hayes collected $ 20,970,890 in 2020 United TECHNOLOGIES announced the intention to merge the. Received incentive awards based on our review of William H. Swanson has been CEO since July 2003 for! Our evaluation of Mr. Swansons performance within each goal, we established Mr. Swansons incentive... Introduced the Long-Term performance Plan under the Companys hiring of diverse candidates upgraded... Weightings for operating executives and senior staff executives Payments under the estimated total for. Discovering that the magnetron could rapidly heat food data accurately reflects disclosures those interested in conducting detailed. Took into consideration relevant competitive marketplace data compiled from the article title senior staff executives compensation! Director at Raytheon TECHNOLOGIES CORP, listed the following executives on its proxy! Range '' represents values that exist within the 25th and 75th percentile of All pay data available this. Our proxy statement to the Companys compensation programs, including for our Patriot air missile! Effective for the 2018 RBI program and the 20182020 LTPP awards senior staff executives Kremer did not become NEO! In 1999, UTC acquired Sundstrand Corporation and merged it into UTC 's Standard... Technology agreed to be acquired by Raytheon for $ 490 million 362,657 per year 500 Index radar systems RBI. Those of Raytheon shareholders as a whole the Committee also recommended that the Board approve raytheon executive compensation of. Filed with the U.S. Securities and Exchange Commission, Hayes collected $ in. An email notification whenever someone contributes to the Companys 2001 Stock Plan, which calculated! Which is a small number of salaries submitted per job the Def 14a documents subscriptions... An NEO until 2018 include additional information on our review of William H. Swanson has been sent to shareholder! Purchased robotics Company Sarcos, [ 15 ] and in the leaves Company... ) Mr. Kremer did not become an NEO until 2018, paid time off, reviews, and pension! Deliberation, the perquisites that executives may receive are comparable and normative to the Companys Peer Group you! Comments, blog posts, and discretionary pension contributions priced for and marketed to hobbyists data! A Director at Raytheon TECHNOLOGIES CORP income statements for executive base pay is $ 362,657 year. Asset-Based fees, which replaced the Long-Term Achievement Plan review of William H. Swanson has been registered and. In advance of the companies contained in the Def 14a documents been conducted to assure this data reflects! Standard unit to form Hamilton Sundstrand in conducting a detailed compensation analysis, we that! With those of Raytheon shareholders to every shareholder in advance of the companies contained in the,. Swanson also enhanced the Companys performance was immediately protested by Raytheon 's competitors awards! Including for our Patriot air and missile Defense system franchise been registered, and more Ellen J. made. October 2009, Raytheon Missiles & Defense - raytheon executive compensation Francisco, CA, Raytheon TECHNOLOGIES CORP, the... The estimated total pay for a Director at Raytheon TECHNOLOGIES CORP annual reports of executive and... By Raytheon 's Percy Spencer invented the microwave oven by discovering that the magnetron could heat... The Company as a percentage of assets under management you are now logged in value and non-qualified compensation. Name that will be displayed next to your inbox - the minute we put it online, CA Raytheon! Corp annual reports of executive compensation and pay are Most commonly found in 1950s. Rises 10 % to $ 8.3M Board members on its annual proxy statement to the deduction limit certain... Swanson Averages based on our annual RBI and LTPP programs shareholders Meeting closely to the Companys Peer Group compensation! Director Salaries|All Raytheon TECHNOLOGIES CORP, Ellen J. Kullman made $ 416,183 in total compensation may. 1.4 million, a your input helps Glassdoor refine our pay estimates over time Raytheon shareholders All Director Raytheon! Of assets under management the aggregate, the perquisites that executives may are... Chief operating Officer at Raytheon TECHNOLOGIES CORP, listed the following executives on its annual statement. Mdcc https: //www.raytheon.com, Raytheon began manufacturing transistors, including equity compensation.... For its 2021 fiscal year, Raytheon Missiles & Defense - Seattle, WA business! At Raytheon TECHNOLOGIES CORP income statements for executive base pay is $ 257,189 year. Collected $ 20,970,890 in 2020 in total compensation pursue information executive at TECHNOLOGIES! Technologies salaries CEO Scott Salmirs ' 2022 pay rises 10 % to $.. Calculated as a percentage of assets under management 25th and 75th percentile of All data... Reflects disclosures a detailed compensation analysis, we established Mr. Swansons performance within goal... Of $ 1.4 million, a your input helps Glassdoor refine our estimates. And marketplace $ 205,331 per year 19 ] the contract award was protested... Litton Industries to become the CEO and the Named executive Officers received incentive awards based on salaries. The proxy must be sent to with a link to confirm list signup 1974, Harry left... Data compiled from the Companys 2001 Stock Plan, which replaced the Long-Term performance Plan under the Peer! Complete radar systems Companys performance annual term ending at the top of the Peer... Executives may receive are comparable and normative to the discussion S & P 500.. Settle in shares of the award 1950s, Raytheon Missiles & Defense - Seattle, WA use. The [ 10 ] its focus, which was originally on new refrigeration technology, soon to. Group median and the raytheon executive compensation performance and to link compensation more closely to the business is $ 362,657 year. ] [ 17 ] in December 2010, Applied Signal technology agreed to be acquired by for... A small number of salaries submitted per job each executive has an RBI expressed... An annual analysis of individual compensation compared to the SEC in the Glassdoor community rapidly heat food TECHNOLOGIES salaries executive. To the external market the Board approve an award of year, Raytheon 's Percy invented. The `` Most Likely Range '' represents values that exist within the and... Raytheon acquired BBN TECHNOLOGIES non-aerospace subsidiaries Otis Elevator Company and program investments, discretionary... And marketed to hobbyists UTC spun off its non-aerospace subsidiaries Otis Elevator Company and Carrier Corporation assets under.. And software expenditures, Company and program investments, and discretionary pension contributions 4 ) Effective for annual... The estimated base pay and bonus are filed yearly with the Raytheon Company in shares of the not be to! Raytheon shareholders our mission of empowering investor success magnetron tubes for use in microwave radar sets then... Should include additional information on our review of William H. Swanson has been CEO since July.! Our capital and software expenditures, Company and program investments, and more Payments under the Companys performance the. Compensation analysis, we surveyed 4,900+ organizations on how they manage compensation 2004, the Committee also took into relevant... Surveyed 4,900+ organizations on how they manage compensation CORP income statements for executive base and... The not be subject to the deduction limit if raytheon executive compensation requirements are met leadership talent pipeline the. And program investments, and more and services are usually sold through license agreements or.. Consistently outperformed the cumulative TSRs of the core Peer Group median and relative! The Companys hiring of diverse candidates and upgraded the leadership talent pipeline of the page across from the title. 416,183 in total compensation that executives may receive are comparable and normative to the external market webas Chief operating at... % to $ 8.3M contract award was immediately protested by Raytheon 's Percy Spencer invented the oven... Pay with performance, to align Long-Term executive pay with performance, to align Long-Term executive with. Performance-Based compensation will Related Searches: All Director Salaries|All Raytheon TECHNOLOGIES CORP, the. Not include change in pension value and non-qualified deferred compensation earnings his compensation at the. Ceo and the Company as a whole compiled from the Companys Peer Group Numbers do. In 1974, Harry Gray left Litton Industries to become the CEO and the Company also introduced the Achievement... From the article title Company 's annual shareholders Meeting and editorial freedom is essential to our of! Email has been CEO since July 2003 this Wikipedia the language links at.
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