Former RTX chief; saw 'a benefit' for Raytheon in Gaza's bombardment
Former Chairman and CEO, RTX · Person · United States
Gregory J. Hayes led RTX, the former Raytheon Technologies, as CEO until May 2024, when Christopher Calio succeeded him, and as executive chairman until 30 April 2025. In October 2023, days into Israel's assault on Gaza, he gave investors the sales pitch: 'I think really across the entire Raytheon portfolio, you're going to see a benefit of this restocking.' Under RTX, Raytheon's Pratt & Whitney unit builds the F-35's engines, and its R2S joint venture with Rafael won a $1.25B contract in November 2025 to build Tamir interceptors for Iron Dome in Arkansas. Shareholders were not disappointed. The UN Commission of Inquiry concluded in September 2025 that Israel committed genocide in Gaza.
● confirmed by a primary document · ○ reported
step down as Executive Chairman and as a member of the Board, effective April 30, 2025. Mr. Hayes has agreed to remain an employee of the Company in a non-executive officer capacity in the position of Special Advisor to the Chief Executive Officer through January 2, 2026.
Hayes has served as executive chairman of the board of directors since May 2024.
The 2023 total annual compensation value for Mr. Hayes was $21,929,459 and for RTX’s global median employee was $117,236, resulting in a ratio of 187:1.
Continuation of his annual base salary of $1,100,000.
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