Christopher T. Calio

President & CEO, Chairman (from April 30, 2025) at RTX

Board

Since May 2, 2024

Age

51 years

Education

Holds a B.A. in Political Science from Trinity College and both a J.D. and an MBA from the University of Connecticut.

Tenure

Joined RTX in 2005 as Counsel and advanced through roles including Vice President & General Counsel, President of Commercial Engines, President of Pratt & Whitney, Chief Operating Officer, and President before being elected President & CEO on May 2, 2024.

Also at RTX

ALJ

Amy L. Johnson

Corporate VP & Controller

DMW

Dantaya M. Williams

EVP & CHRO

NGMJ

Neil G. Mitchill, Jr.

EVP & CFO

About

Christopher T. Calio, born in 1974, is 51 years old as of February 3, 2025. His early years and personal background set a foundation for a distinguished professional journey, characterized by a commitment to excellence and transformational leadership.

He holds a B.A. in Political Science from Trinity College and earned both a J.D. and an MBA from the University of Connecticut. These credentials have been instrumental in shaping his analytical and strategic approach in the aerospace and defense sectors.

Beginning his RTX career in 2005 as Counsel, he progressively assumed greater responsibilities, serving in key roles such as Vice President & General Counsel, President of Commercial Engines, and President of Pratt & Whitney before taking on executive roles as Chief Operating Officer and then President of RTX. His leadership culminated in his election as President & CEO on May 2, 2024, and he is set to assume the Chairmanship on April 30, 2025, underscoring his pivotal role in the company’s strategic growth.

Throughout his tenure, Calio has been recognized for driving operational excellence and innovation, realigning the company’s business segments and steering RTX through significant periods of transformation.

$RTX Performance Under Christopher T. Calio

Past Roles

Organization	Role	Date Range	Details
RTX Corporation	President & Chief Executive Officer (CEO)	May 2, 2024 - April 29, 2025	Led over 185,000 employees and generated over $80 billion in annual sales
RTX Corporation	President	March 2023 - May 1, 2024	Oversaw three business units and various corporate functions
RTX Corporation	Chief Operating Officer (COO)	March 2022 - February 2023	Managed operations across business units
Pratt & Whitney	President, Pratt & Whitney	January 2020 - February 2022	Led design, manufacturing, and servicing of aircraft engines and auxiliary power units
Pratt & Whitney	President, Commercial Engines	February 2017 - December 2019	Focused on the commercial engines segment
United Technologies Corporation	Chief of Staff to the Chairman and CEO	February 2015 - January 2017	N/A
UTC Aerospace Systems	Vice President and General Counsel	N/A	Held legal role prior to leadership roles at Pratt & Whitney
Pratt & Whitney	Vice President and Counsel, Commercial Engines	N/A	Held legal role within the organization

Fixed Compensation

Data from FY 2023

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$986,667	Annual	2023 base salary component
RTX Compensation Deferral Plan - Executive Contributions	$143,700	Annual	Contribution made by executive in 2023
RTX Compensation Deferral Plan - Registrant Contributions	$248,873	Annual	RTX contribution on behalf of executive for 2023

Performance Compensation

Data from FY 2023

Annual Incentive Award

Metric	Weight	Threshold / Target / Maximum	2023 Result / Details
Earnings (Adjusted Net Income)	40%	Threshold: N/A / Target: N/A / Maximum: N/A	Result: 101%; Contributed 40.4% weight
Free Cash Flow	40%	Threshold: N/A / Target: N/A / Maximum: N/A	Result: 100%; Contributed 40.0% weight
Total Representation %	5%	Threshold: 42.6% / Target: 43.3% / Maximum: 44.6%	Result: 42.9%; Performance Factor: 71%
Employee Retention Rate	5%	Threshold: 92.0% / Target: 93.3% / Maximum: 95.5%	Result: 95.0%; Performance Factor: 177%
GHG Emissions	5%	Threshold: 1,694,499 metric tons / Target: 1,472,665 metric tons / Maximum: 1,275,242 metric tons	Result: 1,452,220 metric tons; Performance Factor: 110%
Water Usage	5%	Threshold: 1,743,109,069 gallons / Target: 1,586,117,140 gallons / Maximum: 1,439,015,871 gallons	Result: 1,613,500,499 gallons; Performance Factor: 91%

Overall RTX Performance Factor (calculated): 103%
Final RTX Performance Factor after Committee discretion: 98%
Calio's Adjusted Performance Factor: 93%
Award Payout: $1.41 million (reflecting the 93% performance factor)

Vesting & Conditions

Performance Stock Units (PSUs): Vest based on four performance metrics and continued employment; vesting occurs after a three-year performance period; payout range from 3.75% (threshold) to 200% (maximum); TSR-related metrics capped at 100% if negative three-year TSR.
Stock Appreciation Rights (SARs): Vest and become exercisable three years from the grant date, subject to continued employment or qualifying conditions.

Long-Term Incentive Award

Detail	Value
Performance Metrics	TSR relative to S&P 500; TSR vs. RTX Core A&D peers; plus two undisclosed metrics
Payout Ranges	Threshold: 3.75% (for one TSR metric weighted at 15%); Target: 100%; Maximum: 200%; TSR cap at 100% if negative
Grant Date	February 8, 2023
Grant Date Fair Value (PSUs)	$5,922,384
Grant Date Fair Value (SARs)	$3,992,454
Grant Date Stock Price	$97.65 per share
Number of Target PSUs	61,445
Number of SARs Granted	161,900
Vesting Period	3 years; vesting contingent on achieving performance metrics and continued employment
Settlement	Vested PSUs settled in unrestricted RTX shares following Committee review
Dividend Equivalents	Unvested PSUs do not earn dividend equivalents

This detailed breakdown covers both the annual and long-term performance compensation components for 2023 with exact amounts, performance metrics, targets, vesting schedules, and other conditions as provided in the documents.

Interviews

CEOs of RTX, BAE, & More on Ramping up Defense Industry | NATO Summit Defense Industry Forum

U.S. Chamber of Commerce26:57 minJul 10, 2024

U.S. Chamber of Commerce

26:57 min

Jul 10, 2024

Watch on YouTubeWatch