O’Brien, who has been Raytheon’s CFO since 2015, will be “eligible to receive certain separation payments and accelerated vesting of equity awards granted prior to the closing of the merger,” Raytheon shared in an 8-K filing.
Since the closure of the UTC merger, the pandemic has resulted in “plunging demand” for the Waltham, Mass.-based company’s commercial aerospace business, Bloomberg wrote.
Read more: https://www.cfodive.com/
