RTX Corporation Welcomes Christopher T. Calio as New Chairman Effective 2025

Transitioning Leadership at RTX Corporation

On February 3, 2025, RTX Corporation, one of the largest aerospace and defense entities globally, announced the election of Christopher T. Calio as the new Chairman of the Board, effective April 30, 2025. This significant development comes as current Executive Chairman Gregory J. Hayes prepares to step down ahead of the company's annual meeting in 2025.

A Visionary Leadership Journey

Greg Hayes, who has been a pivotal figure in the company's history, initially became Executive Chairman in May 2024 and had a long-standing role as CEO following the 2020 merger with Raytheon Company. Fred Reynolds, the Lead Director of RTX, expressed immense gratitude for Hayes' impactful leadership over the past 35 years, emphasizing the value he created for various stakeholders, including employees and investors. His foresight and guidance have shaped RTX into a formidable force in the aerospace industry, steering the company through critical changes and expansions.

The New Era Under Chris Calio

With Calio’s rise as Chairman, the company expects to continue its trajectory of growth. Since joining RTX in 2023, he has prioritized operational excellence and technological advancement, aligning with customer needs. His confidence in leading the firm through strategic priorities was notably emphasized by Greg Hayes, who remarked on Calio’s capability to facilitate long-term growth and success for RTX stakeholders.

Calio, who became President and CEO on May 2, 2024, oversees over 185,000 employees contributing to a vast array of technological applications, generating approximately $80 billion in annual sales. Before his current roles, Calio held positions in significant aerospace sectors, notably as President of Pratt & Whitney, where he managed vital aspects of aircraft engines and auxiliary power units.

Hayes’ Transition and Continued Impact

Effective April 30, 2025, Hayes will not leave the company entirely. Instead, he will shift to a Special Advisor role to the CEO until January 2, 2026, thus retaining his substantial influence during this transitional phase. This provides a strategic bridge as Calio takes on increased responsibilities as both Chairman and CEO.

The Significance of Change at RTX

As RTX continues to expand its presence in the aerospace and defense industries, such transitions in leadership are vital for sustaining its momentum and adapting to the ever-evolving market. With Calio’s leadership, stakeholders remain optimistic about the company’s future, looking to leverage his strategic vision and commitment to innovation.

Ultimately, the election of Christopher T. Calio as the Chairman of RTX Corporation signifies more than just a change in title; it represents a commitment to maintaining excellence within a sector defined by rapid technological advancements and global challenges. Stakeholders will undoubtedly be watching closely as this new chapter unfolds, hoping for continued success under his stewardship.