RAYTHEON COMPANY (NYSE:RTN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
(d) Retirement of Named Executive Officer
On March 26, 2019, Raytheon Company (the “Company”) announced that Taylor W. Lawrence will be stepping down as President, Missile Systems, of the Company effective March 30, 2019, and retiring from the Company effective July 14, 2019. Wesley D. Kremer, the Company’s current President, Integrated Defense Systems, will assume the role of President, Missile Systems effective March 30, 2019. On March 20, 2019, the Board of Directors elected Mr. Kremer to this position effective upon his acceptance of it.
The Company also announced that Ralph H. Acaba would succeed Mr. Kremer as President, Integrated Defense Systems, effective March 30, 2019. On March 20, 2019, the Board of Directors elected Mr. Acaba to this position effective upon his acceptance of it.
A copy of the Company’s press release, issued on March 26, 2019, is filed as Exhibit 99.1 to this Form 8-K and is hereby incorporated herein by reference
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
99.1Press Release issued by Raytheon Company dated March 26, 2019.
RAYTHEON CO/ Exhibit
EX-99.1 2 rtn-03262019xexhibit991x8k.htm PRESS RELEASE Exhibit Exhibit 99.1 Raytheon Company Global Headquarters Waltham,…
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About RAYTHEON COMPANY (NYSE:RTN)
Raytheon Company (Raytheon), together with its subsidiaries, is a technology company. The Company develops technologically integrated products, services and solutions in various markets, such as sensing; effects; command, control, communications, computers, cyber and intelligence (C5I); mission support, and cybersecurity. It operates in five segments: Integrated Defense Systems (IDS); Intelligence, Information and Services (IIS); Missile Systems (MS); Space and Airborne Systems (SAS), and Forcepoint. Its IDS’s product lines include Mission Systems and Sensors (MSS), and Integrated Air and Missile Defense (IAMD). Its IIS’s product lines include Cybersecurity and Special Missions (CSM), and Global Training Solutions (GTS). Its MS’s product lines include Air Warfare Systems (AWS), and Air and Missile Defense Systems (AMDS). Its SAS’s product lines include Intelligence, Surveillance and Reconnaissance Systems (ISRS), and Secure Sensor Solutions (SSS).
