Raytheon promotes new COO from within

Raytheon Technologies creates the position of chief operating officer and promotes one of its segment presidents to that role.

Raytheon Technologies has promoted from its own ranks a new chief operating officer in Christopher Calio, who currently leads the company’s Pratt & Whitney engine-making segment as president.

Calio will elevate to the newly-created position on March 1 and report directly to CEO Greg Hayes, Raytheon said Tuesday.

As COO, Calio will oversee the company's four segments as well as corporate-wide functions related to technology and engineering; enterprise services and digital; and operations, quality, environmental, health and safety, and supply chain.

He is a two-decade defense sector veteran who led Pratt & Whitney through introductions of several product upgrades and the F153 program to build the F-35 fighter jet’s engine.

Succeeding him as Pratt & Whitney president is Shane Eddy, currently senior vice president and chief operations officer. That transition will also take effect on March 1.