RTX Names Christopher Calio as Next CEO

RTX named Christopher Calio as its next chief executive, picking an insider to steer one of the world’s largest aerospace and defense companies as it manages a costly recall of jet engines and surging demand from both military and commercial customers. 

Calio, 50, named chief operating officer in March, takes over on May 2, the company said Thursday. He succeeds Greg Hayes, 63, who will remain as executive chairman.