WALTHAM, Mass., Jan. 19, 2021 /PRNewswire/ -- Raytheon
Technologies (NYSE: RTX) has named Michael Dumais chief transformation officer to
drive high-impact business transformation initiatives over the next
12 months. Dumais has served the company in a range of executive
positions since joining predecessor company United Technologies
Corporation in 1998.
In this role, Dumais will continue reporting directly to Chief
Executive Officer Gregory Hayes and
maintains responsibility for the company's corporate strategy and
development function.
As chief transformation officer, Dumais will be responsible for
accelerating Raytheon's strategic transformation initiatives,
focusing company-wide technologies on key market opportunities,
digitally enabling key business processes and reducing
cost.
"Nine months into the post-merger integration, and in light of
the downturn and continued uncertainty in commercial aerospace, we
see clear opportunities to further harness efficiencies and reduce
redundancies across our operations to meet the challenges and
capture the opportunities in front of us," said Hayes. "In this new
role, Mike will lead company-wide initiatives to drive top-line
growth and bottom-line cost reductions to deliver optimal value to
stakeholders."
Dumais added, "With a focus on optimizing commonality of
processes and streamlining critical business drivers with
digitization, I am excited by this opportunity to help the company
fully leverage its depth, breadth and scale to enhance the value we
can bring to all stakeholders."
Dumais has more than 20 years of experience in business strategy
and execution and, prior to his current role, served as executive
vice president of operations and strategy at United Technologies
Corporation. Before that, Dumais served as senior vice president
for strategic planning for UTC. He previously led the Power,
Controls & Sensing Systems business segment at UTC Aerospace
Systems and held numerous leadership positions at UTC's Hamilton
Sundstrand division, including President. Prior to joining UTC, he
held various strategic business roles with the consulting firm Bain
& Company.
Dumais holds a bachelor's degree in electronics engineering from
Virginia Tech, a master's degree in
electronics engineering from the University of
Pennsylvania and an MBA from the University of Pennsylvania's Wharton School of
Business, where he was a Palmer Scholar.
About Raytheon Technologies
Raytheon Technologies
Corporation is an aerospace and defense company that provides
advanced systems and services for commercial, military and
government customers worldwide. With four industry-leading
businesses ― Collins Aerospace Systems, Pratt & Whitney,
Raytheon Intelligence & Space and Raytheon Missiles &
Defense ― the company delivers solutions that push the boundaries
in avionics, cybersecurity, directed energy, electric propulsion,
hypersonics, and quantum physics. The company, formed in 2020
through the combination of Raytheon Company and the United
Technologies Corporation aerospace businesses, is headquartered in
Waltham, Massachusetts.
Media Contact
Chris Johnson
202.384.2474
Chris.johnson@rtx.com
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SOURCE Raytheon Technologies