Summary
This 8-K filing from RTX Corp (formerly United Technologies Corporation) on February 8, 2016, provides updates on committee assignments for two recently elected directors, Brian C. Rogers and Frederic G. Reynolds. These appointments, effective January 1, 2016, are being formalized with specific committee roles. Mr. Rogers will serve on the Committee on Compensation and Executive Development and the Finance Committee, while Mr. Reynolds has been appointed to the Audit Committee and the Committee on Nominations and Governance. The company reiterates that both directors have been deemed independent according to NYSE listing standards and RTX's own independence guidelines.
Key Highlights
- 1Board committee assignments finalized for new directors Brian C. Rogers and Frederic G. Reynolds.
- 2Brian C. Rogers appointed to the Committee on Compensation and Executive Development.
- 3Brian C. Rogers appointed to the Finance Committee.
- 4Frederic G. Reynolds appointed to the Audit Committee.
- 5Frederic G. Reynolds appointed to the Committee on Nominations and Governance.
- 6Both directors confirmed as independent under NYSE and RTX's guidelines.
- 7This filing supplements a previous 8-K from December 10, 2015, regarding their initial election.
Frequently Asked Questions
The main purpose of this 8-K filing is to disclose the specific committee assignments for two newly elected directors, Brian C. Rogers and Frederic G. Reynolds, who joined the Board of Directors on January 1, 2016.
Brian C. Rogers has been appointed to the Committee on Compensation and Executive Development and the Finance Committee.
Frederic G. Reynolds has been appointed to the Audit Committee and the Committee on Nominations and Governance.
Yes, the filing explicitly states that both Mr. Rogers and Mr. Reynolds have been determined to be independent under the New York Stock Exchange listing standards and the Company's own independence guidelines.