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Industrials & Aerospace

RTX Corp Executive Compensation (FY25)

RTX · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Christopher Calio
Latest say-on-pay support
=
April 30, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of November 4, 2026Latest filing (8-K): May 4, 2026
13 filings cited on this page
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379 figures on this page: 371 cited to the filing that reported them, 8 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Christopher Calio: $18,004,831 → $24,846,826 (38.0% higher)
CEO pay ratio: 163:1 → 207:1 (27.0% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is RTX Corp's chief executive and what were they paid?
Christopher Calio was paid $24,846,826 in total compensation as Chairman, President & Chief Executive Officer for fiscal 2025. Compared with the $18,004,831 reported for fiscal 2024, Calio's total was 38.0% higher.
What was RTX Corp's say-on-pay result?
Shareholders recorded 96.3% support for the say-on-pay proposal at the meeting held April 30, 2026 for fiscal 2025.
Which companies are in RTX Corp's peer group?
The disclosed peer group names Boeing, Caterpillar, Chevron, Cisco and Deere, among others.
What is RTX Corp's chief executive pay ratio?
The company reported a chief executive pay ratio of 207:1 for fiscal 2025, against median employee compensation of $120,092.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Gregory Hayes
Chairman & Chief Executive Officer
◇◇◇◇—◇◇◇
Christopher Calio
President & Chief Operating Officer
◇◇◇◇——◇◇
Stephen Timm
President, Collins Aerospace
◇◇◇◇——◇◇
Wesley Kremer
President, Raytheon
◇◇◇◇——◇◇
Neil Mitchill Jr.
Executive Vice President & Chief Financial Officer
◇◇◇◇——◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Gregory Hayes
Chairman & Chief Executive Officer
◇◇◇◇—◇◇◇
Christopher Calio
President & Chief Operating Officer
◇◇◇◇—◇◇◇
Wesley Kremer
Special Advisor to the President & Chief Operating Officer
◇◇◇◇—◇◇◇
Neil Mitchill Jr.
Executive Vice President & Chief Financial Officer
◇◇◇◇——◇◇
Stephen Timm
President, Collins Aerospace
◇◇◇◇—◇◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Christopher Calio
President & Chief Executive Officer
◇◇◇◇——◇◇
Gregory Hayes
Executive Chairman
◇◇◇◇—◇◇◇
Neil Mitchill Jr.
Executive Vice President & Chief Financial Officer
◇◇◇◇——◇◇
Stephen Timm
Senior Advisor, Collins Aerospace
◇◇◇◇◇—◇◇
Shane Eddy
President, Pratt & Whitney
◇◇◇◇—◇◇◇
Troy Brunk
President, Collins Aerospace
◇◇◇◇——◇◇
Philip Jasper
President, Raytheon
◇◇◇◇——◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Christopher Calio
Chairman, President & Chief Executive Officer
◇◇◇◇—◇◇◇
Neil Mitchill Jr.
Executive Vice President & Chief Financial Officer
◇◇◇◇——◇◇
Philip Jasper
President, Raytheon
◇◇◇◇—◇◇◇
Shane Eddy
President, Pratt & Whitney
◇◇◇◇—◇◇◇
Troy Brunk
President, Collins Aerospace
◇◇◇◇—◇◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Christopher CalioPSU◇◇◇—◇—◇
Christopher CalioOPTION◇——◇—◇◇
Neil Mitchill Jr.PSU◇◇◇—◇—◇
Neil Mitchill Jr.OPTION◇——◇—◇◇
Philip JasperPSU◇◇◇—◇—◇
Philip JasperOPTION◇——◇—◇◇
Shane EddyPSU◇◇◇—◇—◇
Shane EddyOPTION◇——◇—◇◇
Troy BrunkPSU◇◇◇—◇—◇
Troy BrunkOPTION◇——◇—◇◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Christopher CalioOption◇—◇2/7/2034
Option◇—◇2/5/2035
PSU◇◇——
Option◇—◇2/7/2033
PSU◇◇——
PSU◇◇——
RSU◇◇——
Neil Mitchill Jr.Option◇—◇2/7/2034
Option◇—◇2/7/2033
PSU◇◇——
Option◇—◇2/5/2035
PSU◇◇——
PSU◇◇——
RSU◇◇——
Shane EddyOption◇—◇2/7/2034
Option◇—◇2/7/2033
PSU◇◇——
Option◇—◇2/5/2035
PSU◇◇——
PSU◇◇——
RSU◇◇——
Philip JasperOption◇—◇2/7/2034
Option◇—◇2/5/2035
PSU◇◇——
PSU◇◇——
Option◇—◇2/7/2033
RSU◇◇——
PSU◇◇——
RSU◇◇——
Troy BrunkOption◇—◇2/5/2035
PSU◇◇——
Option◇—◇2/7/2034
RSU◇◇——
Option◇—◇2/7/2033
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Christopher Calio
Chairman, President & Chief Executive Officer · Severance agreement
Severance multiple◇
Severance base◇
Benefits continuation◇
Non-compete period◇
Non-solicit period◇
Clawback◇
Neil Mitchill Jr.
Chief Financial Officer · Severance agreement
Severance multiple◇
Benefits continuation◇
Non-compete period◇
Non-solicit period◇
Clawback◇
Philip Jasper
President, Raytheon · Severance agreement
Severance multiple◇
Severance base◇
Change-in-control trigger◇
Benefits continuation◇
Non-compete period◇
Non-solicit period◇
Clawback◇
Shane Eddy
President, Pratt & Whitney · Severance agreement
Severance multiple◇
Severance base◇
Change-in-control trigger◇
Benefits continuation◇
Non-compete period◇
Non-solicit period◇
Clawback◇
Troy Brunk
President, Collins Aerospace · Severance agreement
Severance multiple◇
Severance base◇
Change-in-control trigger◇
Benefits continuation◇
Non-compete period◇
Non-solicit period◇
Clawback◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Fredric G. Reynolds
Lead independent director
◇◇———◇◇
Leanne G. Caret
◇◇———◇◇
Tracy A. Atkinson
◇◇———◇◇
James A. Winnefeld Jr
—◇———◇◇
Brian C. Rogers
—◇———◇◇
Bernard A. Harris Jr
◇◇———◇◇
Robert O. Work
◇◇———◇◇
George R. Oliver
—◇———◇◇
Ellen M. Pawlikowski
◇◇———◇◇
Denise L. Ramos
—◇———◇◇
Gregory J. Hayes and Christopher T. Calio served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Board meeting fee◇
Committee meeting fee◇
Equity is delivered as deferred stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Boeing BA
  • Caterpillar CAT
  • Chevron CVX
  • Cisco CSCO
  • Deere DE
  • Dow DOW
  • Ford F
  • GE Aerospace symbol not shown
  • General Dynamics GD
  • Honeywell HON
  • HP Inc. HPQ
  • IBM IBM
  • Intel INTC
  • Microsoft MSFT
  • Nvidia NVDA
  • UPS UPS
  • Verizon VZ

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 30, 2026=◇◇◇
2024May 1, 2025=◇◇◇
2023May 2, 2024=◇◇◇
2022May 2, 2023=◇◇◇
2021April 25, 2022=◇◇◇
2020April 26, 2021=◇◇◇
2019April 27, 2020=◇◇◇
2017April 30, 2018=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Christopher Calio (Chairman, President & Chief Executive Officer), FY2025 total compensation $24,846,826 (base salary $1,525,000) [exec_comp, SEC accession 0001308179-26-000036, filed 2026-03-09]

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What this page does not include

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What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
379 figures on this page: 371 cited to the filing that reported them, 8 calculated from figures it prints.
371 cited to the filing
8 calculated from the filing

Documents cited

  1. 0001140361-26-018932
    2 148,553,572 2) A proposal that shareowners approve, on an advisory basis, the compensation of the Company’s named executive officers.
  2. 0001308179-26-000036
    2025 Director Compensation · CEO Pay Ratio · Compensation of Directors · OUTSTANDING EQUITY AWARDS AT FISCAL YEAR-END · and 2 more sections
  3. 0000101829-25-000018
    1 145,426,399 2) A proposal that shareowners approve, on an advisory basis, the compensation of the Company’s named executive officers.
  4. 0001308179-25-000067
    Compensation Tables · Summary Compensation Table
  6. 0000101829-24-000014
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0000898822-23-000021
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001308179-23-000143
    Summary Compensation Table
  9. 0000101829-22-000019
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0000101829-21-000027
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0000101829-20-000024
  12. 0000101829-18-000011
  13. 0001308179-24-000096
    Compensation Tables · Summary Compensation Table
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Velarion, “RTX Corp executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/RTX (accessed 2026).
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13 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Industrials & Aerospace rankings

Chief executive pay — Industrials & AerospaceCEO pay ratio — Industrials & AerospaceSay-on-pay support — Industrials & Aerospace

Peers RTX Corp discloses

The companies named in RTX's own disclosed peer group.

BoeingCaterpillarChevronCiscoDeereDowFordGeneral DynamicsHoneywellHP Inc.IBMIntelMicrosoftNvidiaUPSVerizon

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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