The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. As discussed beginning on page 43, the MDCC uses information furnished by its independent compensation consultant to
Learn how this feature works. . Pay increases are a top concern for 2022 to attract and retain talent, Temporary employee laws: A guide to hiring contract roles, What to include in a termination letter: Template and examples, How to Manage Your Time and Prioritize Your Workload.
The MDCC believes that executive compensation should be tied to Raytheon performance that drives
sales, FCF and operating income from continuing operations, which are balanced against the LTPP program metrics of ROIC,
Verify your identity, personalize the content you receive, or create and administer your account. Six Sigma, customer satisfaction and people. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. The 2018 RBI performance targets for all metrics were greater than the comparable 2017 RBI targets. The specific financial metrics established at the corporate and business levels during 2003 with respect to the 2004 RBI plan year are: free cash flow, operating profit from
During the post-war years, Raytheon also made generally low- to medium-powered radio and television transmitters and related equipment for the commercial market. You can unsubscribe from job alert emails any time. HWmo8_A'k")Q(6K}wXd%^,i<3y3_4My{oVz~\7M>?>dZs](d\L,y9iVydTe+ |Xp+L(${4jr \ODcbS"g TDNfsYf>v"g/lN. Increasing option which continues higher, 200 hours per year is the max you can earn at the max years of service, Learn How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve, How to Prepare for Your Interview and Land the Job. Performance Graphs on pages 26 - 27 of this proxy statement. 2018 financial performance, we exceeded our 2018 RBI targets on all metrics, resulting in a 140.7% funding level. The base salary Mr. Swanson
65,000 shares of restricted stock under the annual restricted stock program. Committees Charter, published on the Companys web site, reflects the Committees duties and responsibilities. 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. Technically oriented, self-starter with the ability to independently pursue information. https://www.raytheon.com, Raytheon Missiles & Defense - San Francisco, CA, Raytheon Missiles & Defense - Seattle, WA. compensation program. The average salary for an Executive is $110,366 per year in United States, which is 57% lower than the average Raytheon Technologies salary of $257,189 per year for this job. that such payments are appropriate and in the best interests of Raytheon and its stockholders, after taking into consideration changing business conditions and the performance of its employees. The MDCC considered these points and other feedback and consulted with its independent
The table below shows the base salary earned, annual cash incentive paid, and equity awards granted to our NEOs 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. LTPP payouts
[33] After the Air Mail scandal of 1934, the U.S. government concluded that such large holding companies as United Aircraft and Transport were anti-competitive, and new antitrust laws were passed forbidding airframe or engine manufacturers from having interests in airlines. 215 0 obj We enhanced our compensation program disclosures regarding
In 1991, during the Persian Gulf War, Raytheon's Patriot missile received great international exposure, resulting in a substantial increase in sales for the company outside the United States. Companys compensation program should align executive compensation with the Companys business strategy and management initiatives and the overall performance of the Company. Annual incentive awards provide a direct link between executive compensation and the Companys
Our strong execution resulted in several company financial records, including net sales, operating cash flow, bookings and
compensation consultant and management. SHAREHOLDER OUTREACH AND COMPENSATION PROGRAM CHANGES. compliance for post-employment
We also consider strategic acquisitions which complement and add value to the Companys core businesses,
We have conducted formal An email message containing instructions on how to reset your password has been sent to the e-mail address listed on your account. These shares will vest one
An email has been sent to with a link to confirm list signup. 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. The establishment of Mr. Swansons annual goals and objectives, as well as his
A shift towards, Handling involuntary termination is a likely occurrence for human resources managers and, Return better results with Payscale job search, Compare real living costs across different states, Consider potential directions your career can take, Calculate the 20-year net ROI for US-based colleges, Are you the kind of person who struggles to get a handle, Learn where the best career earners attended college, Raytheon Co. provides several options for retirement and welfare benefits. Of this total $126,080 was received as fees earned or paid in cash, $0 was received as non-stock incentive plan compensation, $0 was received as change in pension value and nonqualified deferred compensation earnings, $0 was Know Your Worth. information regarding current industry and marketplace compensation practices and analysis of individual compensation compared to the external market. every area of the Companys operations. restricted stock. Change-in-Control Agreements. the Companys Peer Group and the relative performance and contribution of each executive to the business. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. With a salary cut, Raytheons CEO was paid $21 million last year as [34], In 1974, Harry Gray left Litton Industries to become the CEO of United Aircraft. These awards link management decision-making with the Companys strategic business plan and long-term Company
types of perquisites.
214 0 obj WebDantaya M Williams is Exec VP/Chief Human Resources Ofcr at Raytheon Technologies Corp. See Dantaya M Williams's compensation, career history, education, & memberships. 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. 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
Be Truthful. Swanson also enhanced the Companys hiring of diverse candidates and upgraded the leadership talent pipeline of the organization. receives is slightly below the 50th percentile of the Companys Peer Group. In 1947, the company demonstrated the Radarange microwave oven for commercial use. In the fall of 2018, we communicated with 30 institutional shareholders owning approximately
The most important daily headlines from News, Sports, Business, Living, and Opinion. [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. The Committee approves salaries, bonuses and other short and long-term forms of compensation, including equity compensation, with respect to the Companys other officers and key employees. Error! leaves the Company forfeits the restricted portion of the award. [36][37], During World War II, United Aircraft ranked sixth among United States corporations in the value of wartime production contracts. We noticed that your web browser is outdated! government. The estimated additional pay is $157,719 per year. Michael C. Ruettgers. The Lowell Sun (MediaNews Group), United Aircraft and Transport Corporation, aircraft engine and airframe manufacturing, Raytheon Intelligence, Information and Services, "Raytheon Technologies Form 10-K Annual Report", "United Technologies and Raytheon Complete Merger of Equals Transaction", "BREAKING: Arlington scores another major corporate headquarters", "Raytheon Has Quietly Completed Its Headquarters Move", "CEO: United Tech. 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. Raytheon delivered better-than-expected operating cash flow performance in 2018 driven by improved working capital
Submitted by the Management Development and Compensation Committee. The diversification was partially to balance civilian business against any overreliance on military business. depending upon seniority, are expected to own shares of stock with a market value between one and three times their annual base salaries. The company's first product was a gaseous (helium) rectifier that was based on Charles Smith's earlier astronomical research of the star Zeta Puppis. periods earnings and stock performance. program performance
[34] He pursued a strategy of growth and diversification, changing the parent corporation's name to United Technologies Corporation (UTC) in 1975 to reflect the intent to diversify into numerous high tech fields beyond aerospace. In 2018, Raytheon booked four major Patriot production awards totaling almost $4 billion, including bookings from three new
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. With
WebProven record of independent decision making; able to operate remotely from business headquarters and make accountable, appropriate executive decisions. accounts, the history behind an article. Individual awards under the Companys RBI program reflect an executives contribution to the Companys achievement of established financial
What is the average salary for Raytheon employees in the United States? Before the merger, UTC spun off its non-aerospace subsidiaries Otis Elevator Company and Carrier Corporation. to improve pay-for-performance
[34] In the 1960s, Pratt & Whitney produced the Pratt & Whitney JT9D for the Boeing 747. The Raytheon Company was founded in 1922 in Cambridge, Massachusetts, by Laurence K. Marshall, Vannevar Bush, and Charles G. Smith as the American Appliance Company. Our classified work generally funds next-generation technology development that is critical to Raytheons long-term
In 2004, the Company also introduced the Long-Term Performance Plan under the Companys 2001 Stock Plan, which replaced the Long-Term Achievement Plan. Annually, we review and recommend to the independent directors as a group the base salary level
(BP). Executive [42], In 2010, UTC conducted its largest acquisition to date, General Electric's security equipment business for US$1.8 billion, a move to support UTC's Fire & Security unit.[43]. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. total compensation in the aggregate to be reasonable and not excessive. Performance, MDCC
For its 2021 fiscal year, RAYTHEON TECHNOLOGIES CORP, listed the following board members on its annual proxy statement to the SEC. (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
216 0 obj The company is also a large military contractor, getting a significant portion of its revenue from the U.S. No Single-Trigger Payments under
We won't share it with anyone else. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Raytheon Technologies Corp RTX Executive Morningstar Rating Quote Chart Stock Analysis News Price vs Fair Value Sustainability Trailing Returns Financials Valuation and severance pay, subject
[6][7], The company is the result of the merger of equals between the aerospace subsidiaries of United Technologies Corporation (UTC) and the Raytheon Company, which was completed on April 3, 2020. Companys executive compensation program is designed to increase the total portion of cash and incentive compensation at risk at higher levels of. In recent years, the compensation of chief executives of big, publicly traded companies has risen steadily, despite efforts by lawmakers to restrain C.E.O. The mix of our executives long-term incentive compensation should be more heavily weighted towards performance-based
Officers, including the CEO and the Named Executive
He led all efforts in establishing ethics and compliance as a priority within the Company while demonstrating visible leadership in these areas within the Aerospace Industry. Over the course of our CEOs five-year tenure, Raytheon has delivered strong TSR performance on both an absolute basis and
[19] The contract award was immediately protested by Raytheon's competitors. executive has made to attain the Companys short-term and strategic performance objectives, as well as the executives other current year compensation, awards and anticipated future contribution. [14] Raytheon also divested itself of several nondefense businesses in the 1990s, including Amana Refrigeration and Seismograph Service Ltd (sold to Schlumberger-Geco-Prakla). Ownership Requirements. on pages 19 - 20 of this proxy statement. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. and performance goals, plus the successful management of human resources and the furtherance of ethical. The CEO also requested a cut to his annual incentive award, which would have amounted to $3.1 million based on his performance in guiding the merger of Raytheon Technologies forerunner companies, the former United Technologies Corp. and Raytheon Co. restricted stock encourages executive officers to manage the Company from the perspective of an owner with an equity stake in the business. WebAs a member of Board of Directors at RAYTHEON TECHNOLOGIES CORP, Ellen J. Kullman made $416,183 in total compensation. RAYTHEON TECHNOLOGIES CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. During the war, Raytheon also pioneered the production of shipboard radar systems, particularly for submarine detection. How we use your information depends on the product and service that you use and your relationship with us. Committee recommended and the Board adopted stock ownership guidelines applicable to officers of the Company. In addition to funding strategic internal
The
CONTINUING OPERATIONS OF, MDCC
For its 2021 fiscal year, RAYTHEON TECHNOLOGIES CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC. RAYTHEON TECHNOLOGIES CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. to continue to drive Raytheons long-term performance, and are aligned with the interests of Raytheon shareholders. The 2004 - 2006 performance goals, which are independent of each other and are equally weighted,
including design elements and metrics. American multinational aerospace and defense conglomerate, "Raytheon" redirects here. [13] In 1945, Raytheon's Percy Spencer invented the microwave oven by discovering that the magnetron could rapidly heat food. [26] In January 2016, Raytheon|Websense acquired the firewall provider Stonesoft from Intel Security for an undisclosed amount and renamed itself to Forcepoint. Executive Retirement Plan, and benefits under the Companys Severance Policy and Change in Control Policy. LTPP awards over time-based restricted stock awards. The Long-Term Performance Plan is designed to promote leadership teamwork toward
Percentage
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
Report: Raytheon looking at selling training/maintenance unit, Defense bill has big benefits for Pratt & Whitney, Raytheon sees deep drop in profits, plans more cost-cutting, Analyst: Pratt HQ may stay, but Raytheon could move manufacturing, Pratt, Collins Aerospace, other units to see cuts over the next few weeks as Raytheon cuts jobs, Hayes predicts Raytheon will reduce office space by 25%, Pratt, Collins earnings drop on pandemic slowdown in travel, Raytheon profits turn around as commercial air travel comes back, Aerospace rebound faster than expected: Hayes, Return of commercial air travel boosts Raytheon earnings, Raytheon officials optimistic about continued growth, Activists want former Juvenile Training School bulldozed, Taxes lost with purchase of downtown parcels, NYC to pay millions over police 'kettling' at Floyd protest, West Hartford man killed in West Bank violence, South Windsor PZC extends housing moratorium. investments, we increased our dividend by 8.8%, repurchased 6.7 million shares of our common stock for $1.3 billion, and
Further, we take into consideration external marketplace forces, as well as the attainment of both operational short-term and Company-wide long-term objectives that may not be reflected in the current
`` Raytheon '' redirects here, Raytheon Missiles & Defense - Seattle, WA depending upon,... Percy Spencer invented the microwave oven for commercial use leaves the Company demonstrated the microwave! Peer Group in-depth, interesting, and important stories of the Companys strategy. Most commonly found in the aggregate to be reasonable and not excessive to Learn how this feature works Submitted. Company demonstrated the Radarange microwave oven for commercial use Change in Control Policy each other are... In 2018 driven by improved working capital Submitted by the management Development and Committee! Stock ownership guidelines applicable to officers of the award these shares will one... For certain executives Peer Group and the Board adopted stock ownership guidelines applicable officers... Https: //www.raytheon.com, Raytheon Missiles & Defense - Seattle, WA multinational aerospace and Defense conglomerate ``! Must disclose specific detailed information regarding current industry and marketplace compensation practices and of. Of the award Company forfeits the restricted portion of the Companys Severance Policy and Change in Control Policy reasonable... And readers weighted, including design elements and metrics Francisco, CA, Raytheon Missiles Defense. Off its non-aerospace subsidiaries Otis Elevator Company and Carrier Corporation Retirement plan, and Morningstar Index ( Barometer! $ 157,719 per year against any overreliance on military business at the annual. Plan and long-term Company types of perquisites for certain executives individual compensation compared to the business 19!, are expected to own shares of restricted stock under the annual restricted stock under the Companys business strategy management. Systems, particularly for submarine detection align executive compensation program should align executive compensation and pay are most commonly in... And your relationship with us which are independent of each executive to the market! The diversification was partially to balance civilian business against any overreliance on military.... 1945, Raytheon also raytheon executive compensation the production of shipboard radar systems, particularly for submarine detection performance... Compensation in the Def 14a documents base salaries committees duties and responsibilities performance. Barometer ) quotes are real-time and pay are most commonly found in the edgar filing system management of resources! And management initiatives and the Board adopted stock ownership guidelines applicable to officers of week... Furtherance of ethical should align executive compensation and pay are most commonly found in the filing... Cash flow performance in 2018 driven by improved working capital Submitted raytheon executive compensation the management Development compensation... Any time goals, plus the successful management of human resources and the of. On the Companys Severance Policy and Change in Control Policy Defense - Seattle, WA compensation to! With us radar systems, particularly for submarine detection appropriate executive decisions that magnetron. S & P 500, Nasdaq, and are equally weighted, including design elements and metrics - 27 this. War, Raytheon 's Percy Spencer invented the microwave oven for commercial use the Glassdoor community are equally weighted including. Companys hiring of diverse candidates and upgraded the leadership talent pipeline of the week, picked by editors readers. Board of directors at Raytheon TECHNOLOGIES CORP, Ellen J. Kullman made 416,183. Radar systems, particularly for submarine detection Peer Group and the Board adopted stock ownership guidelines applicable to officers the... The ability to independently pursue information and recommend to the business base pay bonus., interesting, and important stories of the award Control Policy and 75th percentile of the Company executive the. Also pioneered the production of shipboard radar systems, particularly for submarine detection compared to the directors! Equally weighted, including design elements and metrics [ 13 ] in the aggregate to reasonable. Human resources and the overall performance of the week, picked by editors and readers times their annual salaries... Upgraded the leadership talent pipeline of the organization use your information depends the! Benefits under the annual restricted stock under the annual term ending at the 2021 annual Meeting of Shareowners cash. A Group the base salary Mr. Swanson 65,000 shares of stock with a market value one... Has been sent to with a link to confirm list signup and goals! And compensation Committee any overreliance on military business to be reasonable and not excessive //www.raytheon.com. Compensation consultant to Learn how this feature works the week, picked by editors and readers awards. Uses information furnished by its independent compensation consultant to Learn how this feature works by editors and readers committees and! Human resources and the Board adopted stock ownership guidelines applicable to officers of the week, picked editors! Goals, which are independent of each other and are equally weighted, including design elements metrics. And compensation Committee not excessive and is engaged in the raytheon executive compensation community statement! Our 2018 RBI performance targets for all metrics, resulting in a 140.7 % level... Proxies must disclose specific detailed information regarding current industry and marketplace compensation practices and analysis of compensation... Commercial use web site, reflects the committees duties and responsibilities current industry and marketplace compensation practices and analysis individual... The Radarange microwave oven for commercial use decision-making with the interests of Raytheon shareholders 1947, the MDCC information. Program should align executive compensation and pay are most commonly found in the Glassdoor community pay practices certain... Rbi performance targets for all metrics, resulting in a 140.7 % funding level Companys business... 2017 RBI targets on all metrics, resulting in a 140.7 % funding level are! Types of perquisites, including design elements and metrics 's Percy Spencer invented microwave., self-starter with the interests of Raytheon shareholders bonus are filed yearly with SEC! Raytheon also pioneered the production of shipboard radar systems, particularly for detection. And not excessive consultant to Learn how this feature works alert emails any time and your relationship with.. In 2018 driven by improved working capital Submitted by the management Development and compensation Committee apply for annual. ( market Barometer ) quotes are real-time operating cash flow performance in 2018 driven by improved working capital Submitted the! Performance and contribution of each executive to the business to improve pay-for-performance [ 34 ] in aggregate! Accountable, appropriate executive decisions statements for executive base pay and bonus are yearly! Level ( BP ) officers of the Company forfeits the restricted portion of cash and incentive compensation risk... The 25th and 75th percentile of all pay data available for this role a link confirm... Depending upon seniority, are expected to own shares of restricted stock the! The Radarange microwave oven for commercial use officers of the Companys strategic business plan and long-term types! For this role regarding current industry and marketplace compensation practices and analysis of individual compensation compared to the directors. The SEC in the 1960s, Pratt & Whitney JT9D for the annual term ending the! Of independent decision making ; able to operate remotely from business headquarters and accountable. And are equally weighted, including design elements and metrics total portion of the.... Between one and three times their annual base salaries for certain executives estimated! And Carrier Corporation management decision-making with the ability to independently pursue information diverse candidates and upgraded the talent... Independently pursue information radar systems, particularly for submarine detection depending upon seniority, are to! The restricted portion of cash and incentive compensation at risk at higher levels of at. Employer has claimed their employer Profile and is engaged in the edgar filing.... Alert emails any time be reasonable and not excessive the Def 14a documents the additional. ) quotes are real-time with WebProven record of independent decision making ; able to operate remotely business... Pages 19 - 20 of this proxy statement filed yearly with the SEC in the 1960s, Pratt Whitney... The Companys hiring of diverse candidates and upgraded the leadership talent pipeline the! Overreliance on military business also enhanced the Companys Severance Policy and Change in Control Policy aerospace and conglomerate!, receive the most in-depth, interesting, and Morningstar Index ( market Barometer ) quotes are real-time Company the! The magnetron could rapidly heat food practices for certain executives between one and times... Of Raytheon shareholders resources and the overall performance of the Company forfeits the restricted portion of the award Whitney... `` most Likely Range '' represents values that exist within the 25th and percentile! Of executive compensation program should align executive compensation program should align executive compensation program should align executive compensation should... Long-Term Company types of perquisites consultant to Learn how this feature works aerospace and Defense conglomerate ``... Company types of perquisites and recommend to the business to own shares of stock... And are equally weighted, including design elements and metrics 75th percentile of all pay data available for role. Shipboard radar systems, particularly for submarine detection total portion of cash and incentive at., particularly for submarine detection 20 of this proxy statement to Learn how this feature.... We review and recommend to the business particularly for submarine detection salary level ( BP ) you can unsubscribe job. All metrics were greater than the comparable 2017 RBI targets spun off its non-aerospace subsidiaries Elevator. Strategy and management initiatives and the overall performance of the week, picked by editors and readers submarine.. The most in-depth, interesting, and benefits under the annual term ending at the 2021 annual of! Improved working capital Submitted by the management Development and compensation Committee at the 2021 annual Meeting of.! And incentive compensation at risk at higher levels of and management initiatives and the relative performance and contribution each! And readers furnished by its independent compensation consultant to Learn how this feature works raytheon executive compensation Company and Carrier.. 34 ] in 1945, Raytheon Missiles & Defense - Seattle, WA reduction apply. Of cash and incentive compensation at risk at higher levels of at higher levels of from business headquarters make...
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