About 75% of the 12 senior executive positions at the planned Raytheon Technologies have executives in place, the United Technologies chief executive said this week.
Speaking at a Morgan Stanley conference, Greg Hayes said the companies will make a formal announcement on the new organization in mid- to late October. The merged company will combine Raytheon and UTC.
Earlier this week, Raytheon CEO Tom Kennedy confirmed Toby O'Brien, Raytheon's chief financial officer, will become CFO of the new company. Hayes said Akhil Johri, UTC's CFO, will stay on for a year or so to help with the merged company.