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RAYTHEON CO/ FILES (8-K) Disclosing Change in Directors or Principal Officers, Financial Statements and Exhibits

July 29, 2014

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

(d) Election of Director

On July 23, 2014, the Board of Directors of Raytheon Company elected Tracy A. Atkinson as an independent director effective immediately with a term expiring at the annual meeting of stockholders in 2015. The Board also appointed Ms. Atkinson to the Board's Public Affairs Committee. A copy of the Company's press release issued on July 29, 2014 regarding Ms. Atkinson's election is filed as Exhibit 99.1 to this Form 8-K and is hereby incorporated herein by reference.

The election of Ms. Atkinson was not pursuant to any arrangement or understanding between Ms. Atkinson and any third party. As of the date of this report, neither Ms. Atkinson nor any of her immediate family members is a party, either directly or indirectly, to any transaction that would be required to be reported pursuant to Item 404(a) of Regulation S-K.

Ms. Atkinson will be compensated consistent with the compensation programs for non-employee directors. Upon her election to the Board, she was awarded $140,000 of restricted stock pursuant to the 2010 Stock Plan which stock is due to vest on the date of the 2015 annual meeting of stockholders.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

99.1 Press Release issued by Raytheon Company dated July 29, 2014.


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Source: Edgar Glimpses

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