RTX Corporation announced the appointment of Fredric G. Reynolds as lead independent director. Mr. Reynolds replaces Dinesh C. Paliwal who will step down from the Board, effective December 1, 2023. In addition to his duties as Lead Independent Director, Mr. Reynolds will continue to serve as chair of the Audit Committee and as a member of the Governance and Public Policy Committee.

Mr. Paliwal was appointed to the RTX Board on April 3, 2020, in connection with the merger between Raytheon Company and United Technologies Corporation's aerospace businesses. In addition to serving as the lead independent director on the RTX Board, Mr. Paliwal was a member of the Governance and Public Policy Committee and the Human Capital and Compensation Committee. Mr. Paliwal was named to the Raytheon Company Board in 2016.