April 10, 2020

Raytheon Keeps Ombuds Program After Merger with UTC

Last week, Raytheon Company, which did not have a Ombuds program, merged with the aerospace and defense subsidiaries of United Technologies Corporation, which had  Ombuds. The new multinational conglomerate, Raytheon Technologies Corporation has opted to keep the former UTC Ombuds: Steve Cordery based in London; Lois Petzold in Washington, DC; and Lily Xu in Shanghai. (RTX Ethics & ComplianceLinkedIn.)

This is not a foregone outcome. Often when there is a corporate merger or management change, Ombuds programs are eliminated (see e.g. the recent closures of Ombuds offices at Baker Hughes and Sandia National Laboratories).

Related posts: Profile of UTC's Ombuds in China; UTC Modifies Ombuds Program to Comply with French Law; UTC Selects New Ombuds.

1 comment:

  1. Great news-- and probably the result of some strong relationship building from the UTC ombuds team behind the scenes.

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