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Gregory J. Hayes is the CEO of Raytheon Technologies, a leading aerospace and defense company. He has been with the company since its merger in April 2020 and is known for transforming vision into action. He earned his Bachelor's degree...

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Gregory J. Hayes

Ex-CEO of Raytheon Technologies

Education

Bachelor's degree in Economics from Cornell University

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Industrials

Born

August 19, 1961 - 63 years ago

CEO of Raytheon Technologies for

4 years 0 months (Apr 2020 - May 2024)

Previous Experience

Chairman & CEO of Raytheon Technologies Corporation

Holdings

See how much did Gregory J. Hayes make over time.

Gregory J. Hayes has a notable track record in managing his investments in Raytheon Technologies. His holdings saw a remarkable increase, peaking in 2021 at over $32 million, reflecting confidence in the company's direction and performance. As of early 2024,...

Total Stock Sold

$25.41M

RTX

$25.41M

228,909 RTX shares

What if they kept their stock?

If Gregory J. Hayes didn't sell their stock, today they would have:
Extra RTX228,909 shares worth $13.43M.
This is -47.14% and $11.98M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Gregory J. Hayes.

RTX

$15.88M

RTX at $117.72/share

Jul 31, 2024

Sale

RTX

$9.11M

RTX at $101.51/share

Apr 25, 2024

Sale

RTX

$15.63M

RTX at $91.04/share

Feb 8, 2024

Received

RTX

$422.40K

RTX at $99.16/share

Dec 2, 2022

Sale

RTX

$3.02M

RTX at $54.88/share

Oct 28, 2020

Purchase

RTX

3,266 shares

RTX

Apr 3, 2020

Received

NUE

2,370 shares

NUE

Jun 1, 2017

Received

NUE

2,868 shares

NUE

Jun 1, 2016

Received

NUE

$139.96K

NUE at $47.59/share

Jun 1, 2015

Received

NUE

$200.43K

NUE at $49.49/share

Apr 28, 2015

Purchase

Compensation History

See how much did Gregory J. Hayes make over time.

In 2023, Gregory J. Hayes, CEO of Raytheon Technologies, received total compensation of approximately $21.9 million. This included a base salary of around $1.67 million and a performance-based bonus of $2.78 million. His compensation is closely linked to key performance indicators like adjusted net income and corporate responsibility metrics, reflecting the company's focus on aligning executive pay with long-term shareholder value. Previous years showed a consistent pattern of bonuses tied directly to the company’s performance, emphasizing Hayes’ effectiveness in driving financial goals while ensuring corporate social responsibility. His compensation package is designed to reward strategic leadership and operational success, positioning him as a key figure in the aerospace and defense sector.

Year

2023

Total Compensation

$5.56M

Salary

$1.68M

Board Justification

The compensation philosophy of RTX Corporation emphasizes aligning executive compensation with long-term shareowner value, focusing on performance metrics that drive sustainable growth and responsible corporate governance.

Bonus

$2.78M

Board Justification

Annual incentive awards provided under the RTX Corporation Executive Annual Incentive Plan are primarily based on measured performance against preestablished financial and Corporate Responsibility Scorecard goals. The Corporate performance factor was adjusted from 103% to 98% due to the impact of the Pratt & Whitney powder metal manufacturing matter, resulting in a final performance factor of 83% for Mr. Hayes' annual incentive award.

Other

$1.10M

Board Justification

The 2023 amounts in this column consist of various items including personal use of corporate aircraft, company car, executive life insurance premiums, relocation benefits, company contributions to defined contribution plans, charitable matching gifts, health & welfare benefits, and miscellaneous items.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2023 as the focus is on the total direct compensation excluding stock grants.

Performance Metrics

The performance metrics for determining the compensation of the CEO include adjusted net income, free cash flow, and corporate responsibility scorecard metrics.

Other Raytheon Technologies CEOs

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