Summary
This 8-K filing from RTX Corp (then United Technologies Corporation) on September 5, 2013, announces a significant leadership change within its Pratt & Whitney division. David P. Hess, the current President of Pratt & Whitney, has announced his planned retirement, effective January 1, 2014. This transition marks the end of Mr. Hess's tenure and signals a new chapter for the division under new leadership.
Key Highlights
- 1David P. Hess, President of Pratt & Whitney, will retire effective January 1, 2014.
- 2Paul R. Adams, currently COO of Pratt & Whitney, has been appointed to succeed Mr. Hess as President.
- 3The leadership transition is planned for the beginning of 2014.
- 4The announcement was made via a press release dated September 3, 2013, and attached as an exhibit.
- 5This filing pertains to Item 5.02 of Form 8-K, concerning departures and appointments of officers.
Frequently Asked Questions
David P. Hess, the current President of the Pratt & Whitney division of United Technologies Corporation (RTX Corp), is retiring from his position.
Mr. Hess's retirement and the transition of leadership will be effective January 1, 2014.
Paul R. Adams, who is currently the Chief Operating Officer of Pratt & Whitney, has been appointed to succeed Mr. Hess as President of the division.
This particular 8-K filing focuses on executive leadership changes and does not contain information on the financial impact of these changes.