WALTHAM, Mass., May 8, 2006 /PRNewswire-FirstCall/ -- Raytheon Company
announced at its Annual Meeting of Stockholders on May 3, 2006 the election
of Michael C. Ruettgers as lead director of the Raytheon Company Board of
Directors, and the appointment of four directors to serve as committee
chairs. William R. Spivey will serve as the Chair of the Management
Development and Compensation Committee; John M. Deutch will serve as the
Chair of the Governance and Nominating Committee; and Linda G. Stuntz will
serve as the Chair of the Public Affairs Committee. Ronald L. Skates will
continue to serve as the Chair of the Audit Committee. The new committee
chairs are the result of the retirement of Warren B. Rudman and Thomas E.
Everhart from Raytheon's Board of Directors. Rudman previously served as
Lead Director and Chair of the Management Development and Compensation and
Everhart served as Chair of the Governance and Nominating Committee.
Michael C. Ruettgers, who is Special Advisor and Retired Chairman of
EMC Corporation, joined the board in 2000. Prior to serving as Chairman and
CEO of EMC, Ruettgers held a variety of senior executive positions at EMC
Corporation.
William R. Spivey, a director of the Company since 1999, is the retired
President and Chief Executive Officer of Luminent, Inc. John M. Deutch is
an Institute Professor at the Massachusetts Institute of Technology and has
been a director of the Company since 1998. Linda G. Stuntz, a director of
the Company since 2004, is a partner in the law firm of Stuntz, Davis &
Staffer, P.C. Ronald L. Skates is a private investor and the former
President and Chief Executive officer of Data General Corporation; he has
been a director of the Company since 2003.
Raytheon Company (NYSE: RTN), with 2005 sales of $21.9 billion, is an
industry leader in defense and government electronics, space, information
technology, technical services, and business and special mission aircraft.
With headquarters in Waltham, Mass., Raytheon employs 80,000 people
worldwide.
Contact
Steve Brecken
781.522.5127
SOURCE Raytheon Company
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Related links:
http://www.raytheon.com/
CONTACT:
Steve Brecken of Raytheon Company,
+1-781-522-5127
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