secwatch.observer — SEC 8-K summary
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Issuer:     TEXTRON INC (TXT)
CIK:        0000217346
Form:       8-K
Filed at:   2022-12-07T23:59:59+00:00
Accession:  0000217346-22-000027
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Textron elects former Raytheon CEO Thomas Kennedy to board effective Jan 1, 2023
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- Thomas A. Kennedy, retired Executive Chairman of Raytheon Technologies, elected to Textron's Board.
- Kennedy previously served as Chairman and CEO of Raytheon Company prior to its merger with United Technologies.
- He will serve on Textron's Audit Committee and Organization and Compensation Committee.
- Kennedy joined Raytheon in 1983 and held senior leadership roles over 38 years.
- He will participate in Textron's standard Director Compensation Program and enter a Directors Indemnity Agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/217346/000021734622000027/0000217346-22-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/217346/000021734622000027/txt-20221206.htm
  HTML page:      https://secwatch.observer/filing/0000217346-22-000027

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer