secwatch.observer — SEC 8-K summary
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Issuer:     RTX Corp (RTX)
CIK:        0000101829
Form:       8-K
Filed at:   2023-12-14T23:59:59+00:00
Accession:  0001140361-23-057667
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RTX names Christopher T. Calio as CEO effective May 2, 2024; Hayes becomes Executive Chairman
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- Calio succeeds Greg Hayes as CEO at the 2024 Annual Shareowners Meeting on May 2, 2024.
- Hayes will serve as Executive Chairman of the Board after the transition.
- Calio's base salary increased to $1,450,000, annual incentive target 175% of salary from May 2.
- Calio receives 2024 LTI award of $13.5M (60% PSUs, 40% SARs); Hayes gets $10M LTI with same composition.
- Calio was also elected to the company's board of directors effective December 14, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/101829/000114036123057667/0001140361-23-057667-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/101829/000114036123057667/ef20016563_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-057667

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