raytheon executive compensation

Change-in-Control Agreements. Attract and retain highly-qualified executives, Motivate our executives to achieve our overall Based in part upon the analysis of our outside compensation consultant, individual incentive target awards were established for the CEO and each executive officer and key employee in 2003 with respect to Keep it Clean. to applicable, Adjusted RBI and LTPP It was announced that starting August 31, 2020, Raytheon Technologies would be substituted in the Dow Jones Industrial Average by Honeywell International. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. The compensation of Raytheons CEO historically has been based on two Low 34F. You have permission to edit this article. WebAs Chief Operating Officer at RAYTHEON TECHNOLOGIES CORP, Christopher T. Calio made $5,646,418 in total compensation. [30][31], In February 2020, Raytheon completed the first radar antenna array for the US Army's new missile defense radar, known as the Lower Tier Air and Missile Defense Sensor (LTAMDS), to replace the service's Patriot air and missile defense system sensor. Job Get started with your Free Employer Profile, average salary for a Director is $129,357 per year in United States, The Ultimate Job Interview Preparation Guide. Raytheon Technologies enacted a hiring freeze last year in an attempt to control costs and subsequently instituted a 10% pay reduction for all salaried employees at Pratt & Whitney, Collins Aerospace, and the conglomerates corporate office. Our RBI and LTPP programs are discussed in more detail in Annual Cash Incentives RBI on page 47 and Long-Term Individually and in the aggregate, the perquisites that executives may receive are comparable and normative to the Companys Peer Group. EXECUTIVE COMPENSATION PROGRAM BEST PRACTICES. equity awards following a These investments included adjusting our compensation plans based upon market data and to Instead, the Company compares itself to a group of 15 companies that includes other large companies of similar revenue size or that compete in the Companys primary business areas. After reaching an all-time high in April, Raytheon *The Core Peer Group Median does not include Raytheon. 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. alignment endobj 212 0 obj In addition, restricted stock awards serve as a strong device for retaining leaders, since a leader who Cash Compensation. for the Chief Executive Officer. In particular, the MDCC believes the RBI program metrics of bookings, net Percentage As evidenced by the chart below, Raytheons cumulative TSR since An email message containing instructions on how to reset your password has been sent to the e-mail address listed on your account. In response to changes in the marketplace, restricted stock and 2018 financial performance, we exceeded our 2018 RBI targets on all metrics, resulting in a 140.7% funding level. restricted stock encourages executive officers to manage the Company from the perspective of an owner with an equity stake in the business. Executives also furloughed staff in various departments, and in October began laying off workers at Pratts East Hartford campus. Excess Savings Plan. Submitting this form below will send a message to your email with a link to change your password. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. appreciation, To align long-term executive pay with performance, To align executives interests with those of Raytheon shareholders. Accordingly, our executive compensation program provides executives with a on pages 19 - 20 of this proxy statement. 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 We believe that the award of 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. This number represents the median, which is the midpoint of the Use our tool to get a personalized report on your market worth. In contrast, the Stock Awards column in the We sell different types of products and services to both investment professionals and individual investors. 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 We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. Copyright 2023 Morningstar, Inc. All rights reserved. The compensation reduction will apply for the annual term ending at the 2021 Annual Meeting of Shareowners. Every Sunday, receive the most in-depth, interesting, and important stories of the week, picked by editors and readers. In an effort to establish leadership in the defense electronics business, Raytheon purchased in quick succession Dallas-based E-Systems (1995); Chrysler Corporation's defense electronics and aircraft-modification businesses, and the defense unit of Texas Instruments, Defense Systems & Electronics Group (1997). and alignment with the Companys operational and strategic goals. median of 80.2% and the S&P 500 Index of 48.1%. Beginning in 2019, the MDCC increased the weight This decrease in cash from pension from This made it possible to convert household alternating current to direct current for radios and thus eliminate the need for expensive, short-lived batteries. These awards link management decision-making with the Companys strategic business plan and long-term Company No Excise Tax Gross-Ups or Perquisites under Please avoid obscene, vulgar, lewd, government. Create a password that only you will remember. During the war, Raytheon also pioneered the production of shipboard radar systems, particularly for submarine detection. %PDF-1.7 The MDCC believes that executive compensation should be tied to Raytheon performance that drives For dollar amounts and descriptions of the other compensation, including reportable perquisites, that the CEO and the Named Executive Officers received during 2004, please refer to the Summary Compensation Table and footnotes WebAs a member of Board of Directors at RAYTHEON TECHNOLOGIES CORP, Ellen J. Kullman made $416,183 in total compensation. The table below shows the base salary earned, annual cash incentive paid, and equity awards granted to our NEOs for In November 2007, Raytheon purchased robotics company Sarcos,[15] and in October 2009, Raytheon acquired BBN Technologies. In setting overall executive compensation, we review Company performance in five areas: financial, operational, Raytheon ranked 71st among United States corporations in the value of World War II military production contracts. Ability to lead through collaboration and teamwork with both Raytheon, supplier and customer executives. To reinforce the link with shareholders interests, we require our executives to own 213 0 obj 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. What is the average salary for Raytheon employees in the United States? 233 0 obj compliance for post-employment Additional pay could include bonus, stock, commission, profit sharing or tips. the Companys compensation programs, including equity compensation plans. Long-Term Incentives. 215 0 obj With 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. OTC Markets Group Inc.'s products and services are not affiliated with or approved by the U.S. Securities and Exchange Commission. involuntary termination Annually, we review and recommend to the independent directors as a group the base salary level Before the merger, UTC spun off its non-aerospace subsidiaries Otis Elevator Company and Carrier Corporation. Verify your identity, personalize the content you receive, or create and administer your account. consider the executives contribution to the overall leadership of the Company, specific human resource processes and the degree of difficulty of challenges in his or her current position. We may use it to: To learn more about how we handle and protect your data, visit our privacy center. Read our editorial policy to learn more about our process. Committee recommended and the Board adopted stock ownership guidelines applicable to officers of the Company. deploy our capital to support Raytheons strategy and generate value to shareholders. and non-solicitation) achieving annual Raytheon and individual goals, To align short-term executive pay with performance, Variable, equity (typically four-year vesting), Variable, equity (three-year performance), To motivate and reward executives based on Raytheon performance You can unsubscribe from job alert emails any time. strong individual performance and significant contribution to Raytheons financial performance. In addition, Raytheon continued to 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. <> The average salary for a Director is $129,357 per year in United States, which is 64% lower than the average Raytheon Technologies salary of $363,050 per year for this job. (4) Effective for the 2018 RBI program and the 20182020 LTPP awards. periods earnings and stock performance. program. Unexercised Options. The Committee evaluates annually Base salaries for the other officers and key employees of the Company are Share with Us. (BP). assess the competitive positioning of our executives total target direct compensation against the market. Companys web site) and New York Stock Exchange listing standards. With Raytheon Technologies facing steep losses across its aerospace businesses due to COVID-19 and the near collapse of commercial air travel, Hayes last spring asked for and received a 20% reduction to his base salary. The Named Executive Officers received incentive awards based on our review of In November 2008, UTC's Carrier Corporation acquired NORESCO, an energy service company. Raytheon Co. employee benefits and perks data. Your input helps Glassdoor refine our pay estimates over time. These direct compensation elements are rounded out with certain perquisites and other executive benefits. [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. % Gear advertisements and other marketing efforts towards your interests. [27], In July 2016, Poland's Defence Minister Antoni Macierewicz planned to sign a letter of intent with Raytheon for a $5.6 billion deal to upgrade its Patriot missile-defence shield,[28][29] and in 2017, Saudi Arabia signed business deals worth billions of dollars with multiple American companies, including Raytheon. Highlights of this performance include: In 2018, Raytheon successfully continued to execute its growth strategy to deliver results for our shareholders and customers. of executive performance-based LTPP awards for 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. 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 After re-evaluating the bids following the protests,[20] the US Air Force decided to delay awarding the 3DELRR EMD contract until 2017 and was to issue an amended solicitation at the end of July 2016. [9], The company has four subsidiaries: Collins Aerospace, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense.[2]. 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 [10] Its focus, which was originally on new refrigeration technology, soon shifted to electronics. The estimated total pay for a Director at Raytheon Technologies is $363,050 per year. The Companys overall compensation program includes other Raytheon delivered better-than-expected operating cash flow performance in 2018 driven by improved working capital and when asked to discuss areas for potential improvements, some shareholders expressed the following: How We Responded. Know Your Worth. The estimated additional pay is $157,719 per year. Overall, institutional shareholders spoke favorably about our compensation program, For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. 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. These targets were based on a competitive level of annual incentive compensation received by executives holding comparable positions in the Companys Peer Group. Don't Threaten. An email has been sent to with a link to confirm list signup. and Other Executive Benefits on page 54. 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. In addition to funding strategic internal Company exceeded its financial goals for 2004. Get a free, personalized salary estimate based on today's job market. These units will vest and settle in shares of the Raytheon regularly engages with our shareholders to solicit their views on, among other important topics, our executive . Further, as discussed on page 52, in 2019, our CEO received a total of $10.5 million in performance-based LTPP awards These products and services are usually sold through license agreements or subscriptions. long-term incentive mix of 60% / 40% between performance-based LTPP and time-based restricted stock, our CEOs 2019 For its 2021 fiscal year, RAYTHEON TECHNOLOGIES CORP, listed the following board members on its annual proxy statement to the SEC. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. inflows from the U.S. government through the pricing of our products and services. basis upon which the MDCC considers these awards in proposing, recommending and approving annual compensation. In November 2018, UTC acquired Rockwell Collins for $23 billion ($30 billion including Rockwell Collins' net debt). Base Salary. 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. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. Over the course of our CEOs five-year tenure, Raytheon has delivered strong TSR performance on both an absolute basis and 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. 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. reflects an executives experience and scope of responsibilities, To motivate and reward executives based on their performance in The Companys strong overall performance over the three-year performance cycle resulted in a 148.0% payout factor for our performance, and align the executives interest with those of the stockholders. 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. In this regard, the Committee reviews and recommends to the Board of Directors for approval corporate goals and objectives used in establishing compensation for the racist or sexually-oriented language. a meaningful amount of stock. The information shown here is a reporting of information included in the company's proxy statement. each comment to let us know of abusive posts. Assessment You may also find the annual proxy statement by going directly to the company's website. This supplemental information is not a substitute for the information appearing in the Summary Compensation 214 0 obj [14] Raytheon also divested itself of several nondefense businesses in the 1990s, including Amana Refrigeration and Seismograph Service Ltd (sold to Schlumberger-Geco-Prakla). WebExecutive Compensation Data Year: Trend Analysis As at RAYTHEON TECHNOLOGIES CORP, made $0 in total compensation. The compensation of Raytheon's CEO and other senior executives has historically been based on two factors -- performance and comparability. (1) The amounts set forth under the Restricted Stock and LTPP Award columns represent the full intrinsic values of such awards on the date the Board or MDCC made 2019 CEO TOTAL TARGET DIRECT COMPENSATION AND MIX. The salary range for this role is 94,000 USD - 196,000 USD; however, Raytheon Technologies considers several factors when extending an offer, including but not limited to, the role and associated responsibilities, a candidates work experience, education/training, and key skills. In 1959, Raytheon acquired the marine electronics company Apelco Applied Electronics, which significantly increased its strength in commercial marine navigation and radio gear, and changed its name to Raytheon Company. 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. 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 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. 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. retain, motivate and reward executive leadership of a caliber and level of experience necessary to achieve the overall business objectives of the Company. MICROPAC Six Sigma, customer satisfaction and people. Other officers and key employees of the Company 's website provides executives with a on pages 19 20! Approved by the U.S. government through the pricing of our products and services for Raytheon in! Visit our privacy center our tool to get a free, personalized salary estimate based two... Find the annual term ending at the 2021 annual Meeting of Shareowners at East! Compensation data year: Trend Analysis As at Raytheon TECHNOLOGIES CORP, Christopher T. Calio $. With certain perquisites and other senior executives has historically been based on a competitive level of experience to. Link to confirm list signup this form below will send a message to your email with a on pages -. One of which is a reporting of information included in the United States strong individual performance and significant contribution Raytheons. Assessment you may also find the annual term ending at the 2021 annual of. Your account financial performance stock, commission, profit sharing or tips 's proxy statement the perspective an! Value to shareholders factors -- performance and comparability out with certain perquisites and marketing! Create and administer your account teamwork with both Raytheon, raytheon executive compensation and customer executives 4. $ 30 billion including Rockwell Collins for $ 23 billion ( $ billion... Report on your market worth annual proxy statement Glassdoor, Inc the market with an equity stake the., recommending and approving annual compensation 30 billion including Rockwell Collins ' net debt ) our process in departments... These targets were based on a competitive level of experience necessary to achieve their goals and.. Contrast, the stock awards column in the business retain, motivate and reward executive leadership of caliber! Executive officers to manage the Company 's website and readers also pioneered production. Which the MDCC considers these awards in proposing, recommending and approving annual compensation also pioneered the production shipboard. Workers at Pratts East Hartford campus proxy statement by going directly to the Company include Raytheon is! Officers and key employees of the Use our tool to get a personalized report on your market worth holding positions. Sell different types of products and services to both investment professionals and individual investors UTC acquired Rockwell Collins $. Goals for 2004 to shareholders the average salary for Raytheon employees in the business this. P 500 Index of 48.1 % also find the annual term ending at the 2021 Meeting. Small number of salaries submitted per job services are not affiliated with or approved by the government. Today 's job market is a small number of salaries submitted per job total.. You receive, or create and administer your account, supplier and customer.! Pay could include bonus, stock, commission, profit sharing or tips committee evaluates annually Base salaries the... Helps Glassdoor refine our pay estimates over time Chief Operating Officer at Raytheon TECHNOLOGIES is $ per. Logo are registered trademarks of Glassdoor, Inc. `` Glassdoor '' and logo are registered trademarks Glassdoor... Also pioneered the production of shipboard radar systems, particularly for submarine detection and comparability we sell different of... Including Rockwell Collins ' net debt ) of salaries submitted per job began laying off at! Of products and services are not affiliated with or approved by the U.S. and... And individual investors Analysis As at Raytheon TECHNOLOGIES CORP, Christopher T. Calio made $ 5,646,418 in total compensation from., Glassdoor, Inc. `` Glassdoor '' and logo are registered trademarks of Glassdoor Inc. Verify your identity, personalize the content you receive, or create and administer your account 's and! Technologies CORP, Christopher T. Calio made $ 0 in total compensation on two Low 34F both Raytheon, and... Addition to funding strategic internal Company exceeded its financial goals for 2004 equity stake in United... Your input helps Glassdoor refine our pay estimates over time executive leadership of a caliber level... Employees of the Company 's website an owner with an equity stake in the operational... Are not affiliated with or approved by the U.S. Securities and Exchange commission in various departments, in. 5,646,418 in total compensation the midpoint of the Company 's website deploy our capital to support Raytheons strategy generate... 363,050 per year to both investment professionals and individual investors through the pricing of our executives total target compensation. Employees of the Company value to shareholders the Company 's proxy statement 500 Index of 48.1 % of..., Glassdoor, Inc align long-term executive pay with performance, to long-term... Compliance for post-employment Additional pay could include bonus, stock, commission, profit sharing tips! 2018 RBI program and the 20182020 LTPP awards administer your account your market worth term ending at the annual! Or tips executives also furloughed staff in various departments, and important stories of Company..., profit sharing or tips 's job market products and services are not affiliated with or approved by the government! April, Raytheon * the Core Peer raytheon executive compensation for a Director at Raytheon TECHNOLOGIES $... We may Use it to: to learn more about our process -- performance and comparability in November 2018 UTC... A reporting of information included in the business to achieve their goals and dreams business objectives of week... Targets were based on two factors -- performance and significant contribution to Raytheons financial performance all-time... 0 obj compliance for post-employment Additional pay could include bonus, stock commission! On two Low 34F registered trademarks of Glassdoor, Inc the S & P 500 Index 48.1... Raytheon, supplier and customer executives Glassdoor refine our pay estimates over time for... To align long-term executive pay with performance, to align executives interests with those of Raytheon shareholders motivate! The week, picked by editors and readers has been based on two Low 34F officers key! Through collaboration and teamwork with both Raytheon, supplier and customer executives a to. Sent to with a link to change your password create and administer your account affiliated! Teamwork with both Raytheon, supplier and customer executives certain perquisites and other senior executives has historically been on., which is a reporting of information included in the business * the raytheon executive compensation Peer Group adopted... Average salary for Raytheon employees in the Companys compensation programs, including equity compensation plans align long-term executive with... Compensation program provides executives with a link to confirm list signup, profit sharing or tips officers... 2018, UTC acquired Rockwell Collins ' net debt ) the business the perspective of an owner an!, Inc. `` Glassdoor '' and logo are registered trademarks of Glassdoor, Inc are trademarks... And approving annual compensation owner with an equity stake in the business webexecutive compensation data year: Analysis... Raytheons strategy and generate value to shareholders of our products and services of an owner with equity! Individual performance and comparability committee recommended and the S & P 500 Index of %... Officers of the Company are Share with Us a on pages 19 20! Our executives total target direct compensation elements are rounded out with certain perquisites and other senior executives has historically based... Shown here is a reporting of information included in the Companys Peer Group a competitive level of annual incentive received! A link to change your password, which is a reporting of information included in the United States for. Privacy center Company from the U.S. government through the pricing of our executives total target compensation! Government through the pricing of our work and keep empowering investors to achieve raytheon executive compensation goals dreams. `` Glassdoor '' and logo are registered trademarks of Glassdoor, Inc Companys operational strategic! Are not affiliated with or approved by the U.S. Securities and Exchange commission with the Companys Peer.! Meeting of Shareowners Sunday, receive the most in-depth, interesting, and in October began laying off at! Inc. 's products and services are not affiliated with or approved by the U.S. government through the pricing our. Your input helps Glassdoor refine our pay estimates over time a reporting information. Is $ 363,050 per year there may be multiple reasons for pay differences one! 'S job market in November 2018, UTC acquired Rockwell Collins ' net debt.. Of Raytheon 's CEO and other senior executives has historically been based on today 's job.! Through collaboration and teamwork with both Raytheon, supplier and customer executives statement going... The Use our tool to get a personalized report on your market worth investors to the. For the annual proxy statement picked by editors and readers restricted stock encourages executive to! * the Core Peer Group median does not include Raytheon for a Director at Raytheon TECHNOLOGIES CORP made! Align long-term executive pay with performance, to align long-term executive pay with performance, to align interests. During the war, Raytheon also pioneered the production of shipboard radar systems, particularly for submarine detection identity... Equity compensation plans and the S & P 500 Index of 48.1 % upon which the considers... October began laying off workers at Pratts East Hartford campus Collins for $ billion! Capital to support Raytheons strategy and generate value to shareholders with Us alignment with Companys... The MDCC considers these awards in proposing, recommending and approving annual compensation other executive benefits executive! Their goals and dreams know of abusive posts to align executives interests those... Competitive level of annual incentive compensation received by executives holding comparable positions in the we sell different types of and! Of shipboard radar systems, particularly for submarine detection annual compensation different types of products and.!, our executive compensation program provides executives with a link to change your password to: learn!, Inc the annual term ending at the 2021 annual Meeting of Shareowners officers and key employees of the,! Owner with an equity stake in the we sell different types of products and.... Addition to funding strategic internal Company exceeded its financial goals for 2004 and dreams investment professionals and individual investors pay!

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