Summary
This 8-K filing from Raytheon Technologies Corporation (RTX) reports a change in its principal accounting officer due to a medical leave of absence for Michael J. Wood, the Corporate Vice President and Controller. Effective July 16, 2021, Steven A. Forrest, previously the Vice President and Assistant Controller, has been appointed as the Acting Controller and acting principal accounting officer. This transition is primarily due to Mr. Wood's temporary medical leave. Investors should note that Mr. Forrest brings extensive experience, having served in his prior role since the RTX merger in April 2020 and in various accounting and financial reporting positions at Raytheon Company since 1999. The company has provided a designated interim leader for this critical financial role, ensuring continuity during Mr. Wood's absence.
Key Highlights
- 1Michael J. Wood, Corporate Vice President and Controller, is taking a medical leave of absence effective July 16, 2021.
- 2Steven A. Forrest has been appointed Acting Controller and acting principal accounting officer, also effective July 16, 2021.
- 3Mr. Forrest has significant experience within RTX, serving as Vice President and Assistant Controller since the April 2020 merger.
- 4He has a long tenure in accounting and financial reporting roles at Raytheon Company, joining in 1999.
- 5The appointment is to ensure continuity in the principal accounting officer role during Mr. Wood's leave.
- 6This is a temporary change in leadership for the Controller position.