RTX has announced that Christopher T. Calio is to succeed Gregory J. Hayes as Chief Executive Officer at the 2024 RTX Annual Shareowners meeting on 2 May, in a planned leadership transition.

Calio was also appointed to the company’s board of directors, effective immediately. Hayes will continue to serve as the Executive Chairman of RTX.

Calio previously served as RTX’s President and Chief Operating Officer, where he oversaw the company’s three business units. In 2023, he oversaw the realignment of RTX from four to three business segments: Collins Aerospace, Pratt & Whitney, and Raytheon.

“Today’s announcement reflects the Board’s deliberate, disciplined succession planning process,” said Chairman and CEO Greg Hayes. “Chris has a deep understanding of the industry, our customers’ needs and our operations. I have every confidence in his ability to lead RTX and drive the company’s long-term success.”

Christopher Calio added: “I am honoured to succeed Greg, who has built the best-positioned portfolio in aerospace and defence. As a leadership team, we are focused on driving operational excellence and accelerating technological innovation as we deliver on the record backlog of customer demand and meet shareowner expectations.”

Image credit: RTX