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Gregory J. Hayes (born 1960/61) is an American businessman. He was the chairman and CEO of United Technologies from September 2016 until April 2020, when United Technologies merged with Raytheon, at which point he became the CEO of the merged company, RTX Corporation. Hayes has announced his retirement from that position, to become effective on May 2, 2024.

Early life and education

Hayes grew up in Williamsville, New York, and was a 1978 graduate of Williamsville South High School. Hayes played football at Cornell University, while studying pre-law for a year, then transferred to the Krannert School of Management at Purdue University, where he earned a Bachelor of Economics degree, in 1982. He later became a CPA.

Career

After graduating, Hayes joined Sundstrand Corporation, which was acquired by United Technologies (UTC) in 1999. He rose through management, becoming CEO of UTC in November 2014, succeeding Louis R. Chênevert. Hayes was elected chairman in September 2016.

In April 2020, Raytheon Company completed their merger with UTC to form Raytheon Technologies. Hayes was named CEO of the combined company, and Raytheon chairman and CEO Thomas A. Kennedy was named executive chairman.

In September 2022, Foreign Ministry of China spokesperson Mao Ning announced at a press briefing that China has imposed sanctions on Hayes and Boeing Defense, Space & Security CEO Theodore Colbert III, in response to the U.S. arms sale to Taiwan. It is not immediately known what the Chinese sanctions against Hayes and Colbert would entail, and it is often mainly symbolic in nature.

Boards and affiliations

Hayes served on President Trump’s American Manufacturing Council in January 2017, until resigning, in August 2017.

He is a member of Business Roundtable and serves on the board of directors for Nucor.

References

1. ^ "Executive Profile: Gregory J. Hayes". Bloomberg.com. Retrieved 16 August 2017.
2. "Gregory Hayes Executive Compensation". Salary.com. Retrieved 19 September 2017.
3. ^ Berman, Nat. "10 Things You Didn't Know About United Technologies CEO Gregory Hayes". MoneyInc.com. Money Inc. Retrieved 28 June 2019.
4. RTX. "RTX names Christopher T. Calio to succeed Gregory J. Hayes as CEO". www.prnewswire.com. Retrieved 2023-12-17.
5. Singer, Stephen. "UTC Chief Greg Hayes Received $10.8M In Compensation Last Year". courant.com. Retrieved 16 August 2017.
6. "Corporate Governance". www.rtx.com. Raytheon Technologies. Retrieved 3 April 2020.
7. "China sanctions Raytheon, Boeing Defense CEOs over Taiwan". Associated Press. 2022-09-16. Retrieved 2022-09-18.
8. "Gregory J. Hayes". BusinessRoundtable.org. Retrieved 28 June 2019.

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