0001140361-23-054465.txt : 20231122 0001140361-23-054465.hdr.sgml : 20231122 20231122164254 ACCESSION NUMBER: 0001140361-23-054465 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20231121 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20231122 DATE AS OF CHANGE: 20231122 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RTX Corp CENTRAL INDEX KEY: 0000101829 STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT ENGINES & ENGINE PARTS [3724] IRS NUMBER: 060570975 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-00812 FILM NUMBER: 231434052 BUSINESS ADDRESS: STREET 1: 1000 WILSON BLVD CITY: ARLINGTON STATE: VA ZIP: 22209 BUSINESS PHONE: 781-522-3000 MAIL ADDRESS: STREET 1: 1000 WILSON BLVD CITY: ARLINGTON STATE: VA ZIP: 22209 FORMER COMPANY: FORMER CONFORMED NAME: RAYTHEON TECHNOLOGIES CORP DATE OF NAME CHANGE: 20200406 FORMER COMPANY: FORMER CONFORMED NAME: UNITED TECHNOLOGIES CORP /DE/ DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: UNITED TECHNOLOGIES MICROELECTRONICS CENTER DATE OF NAME CHANGE: 19850825 8-K 1 ny20015182x1_8k.htm FORM 8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549



FORM 8-K



CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 22, 2023 (November 21, 2023)



RTX CORPORATION
(Exact name of registrant as specified in its charter)



Delaware
001-00812
06-0570975
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification No.)

1000 Wilson Boulevard, Arlington, Virginia 22209
(Address of principal executive offices, including zip code)

(781) 522-3000
(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company   

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   

Securities registered pursuant to Section 12(b) of the Act:

Title of each class
 
Trading Symbol(s)
 
Name of each exchange on which registered
Common Stock ($1 par value) (CUSIP 75513E 101)
 
RTX
 
New York Stock Exchange
       
2.150% Notes due 2030 (CUSIP 75513E AB7)
 
RTX 30
 
New York Stock Exchange
       



Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 21, 2023, Dinesh C. Paliwal notified the Board of Directors (the “Board”) of RTX Corporation (the “Company”) of his intention to resign as a director of the Company, effective as of December 1, 2023. Mr. Paliwal’s resignation was not the result of any dispute or disagreement with the Company or the Company’s Board on any matter relating to the operations, policies or practices of the Company.  Effective upon Mr. Paliwal’s resignation as a director, the size of the Company’s Board will be reduced from thirteen to twelve.  On November 21, 2023, the independent directors of the Company’s Board designated Fredric G. Reynolds, a current independent director and Chair of the Audit Committee, to serve as Lead Director, effective December 1, 2023.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

The following exhibits are furnished herewith:

Exhibit
Number
 
Exhibit Description
 
Press release, dated November 22, 2023, issued by RTX Corporation
     
104
 
Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
RTX CORPORATION
 
(Registrant)
     
Date:  November 22, 2023
By:
/s/ RAMSARAN MAHARAJH
   
Ramsaran Maharajh
   
Executive Vice President & General Counsel


EX-99.1 2 ny20015182x1_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

RTX Announces New Lead Independent Director

RTX (NYSE: RTX) today announced the appointment of Fredric G. Reynolds as Lead Independent Director. Mr. Reynolds replaces Dinesh C. Paliwal who will step down from the Board, effective December 1, 2023.

“On behalf of the Board, the RTX management team and our shareholders, I would like to thank Dinesh for his service on our Board of Directors,” said Gregory J. Hayes, Chairman and CEO of RTX.  “His contributions over the past three and a half years as Lead Independent Director have been extremely helpful in establishing RTX as the world’s leading aerospace and defense company, and we wish him the very best in the future.”

“It has been an honor to work alongside Greg Hayes and my distinguished colleagues on the RTX Board to support the management team’s objectives. After seven years of board service and seeing through the successful merger of Raytheon Company and United Technologies, I feel this is the right time for me to step down,” said Mr. Paliwal. “I remain confident in the RTX team and their ability to lead the industry forward.”

In addition to his duties as Lead Independent Director, Mr. Reynolds will continue to serve as chair of the Audit Committee and as a member of the Governance and Public Policy Committee.

Mr. Paliwal was appointed to the RTX Board on April 3, 2020, in connection with the merger between Raytheon Company and United Technologies Corporation’s aerospace businesses. In addition to serving as the Lead Independent Director on the RTX Board, Mr. Paliwal was a member of the Governance and Public Policy Committee and the Human Capital and Compensation Committee. Mr. Paliwal was named to the Raytheon Company Board in 2016.

About RTX

RTX is the world’s largest aerospace and defense company. With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – we are advancing aviation, engineering integrated defense systems for operational success, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2022 sales of $67 billion, is headquartered in Washington, D.C.


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