Carley E. Baltimore
West Hartford,CT
Summary
Results-drive compensation professional with proven expertise in designing and implementing effective compensation strategies. Successfully guided senior leadership and Board through complex executive compensation scenarios and corporate transactions. Adept at leveraging data analytics to simplify and present intricate topics.
Overview
19
19
years of professional experience
Work History
Vice President, Executive Compensation
RTX Corporation (formerly Raytheon Technologies)
, Connecticut
11.2021 - Current
Managed team of seven compensation professionals overseeing design and administration of annual and long-term incentive plans, non-qualified savings plans, deferred compensation, severance plans, executive benefits, and Board of Directors compensation.
Advised Board of Directors, CEO, CHRO, CFO, and Corporate VP of Total Rewards on total rewards strategy for over 1,300 global executives.
Developed and presented executive compensation materials to RTX Human Capital & Compensation Committee.
Assessed legacy UTC and Raytheon incentive plan designs post-merger, creating a harmonized design addressing evolving business needs.
Oversaw merger severance plan administration during two-year change-in-control period.
Designed and deployed executive and broad-based severance plans following merger severance plan expiration.
Supported merger restructuring activities by developing job evaluation methodology for transitioning legacy Raytheon executives into UTC job levels.
Developed non-qualified savings plan merging best practices from legacy UTC and Raytheon plans, reducing active plans from five to two while ensuring consistent executive benefits.
o Developed and deployed communication aimed at driving pay for performance decisions during the compensation planning process and developed a tool to assess pay distribution in support of these efforts.
o Resigned the structure of the Company’s online total rewards portal to enhance ease of navigation and usefulness.
o Developed a retention risk assessment tool, incorporating equity holdings and pay positioning.
Executive Director, Executive Compensation
United Technologies Corporation, UTC
, Connecticut
07.2019 - 10.2021
- Company Overview: UTC and Raytheon Company merged in 2020
- UTC and Raytheon Company merged in 2020
Senior Director, Executive Compensation & M&A
United Technologies Corporation, UTC
, Connecticut
02.2016 - 06.2019
Company Overview: UTC and Raytheon Company merged in 2020
- UTC and Raytheon Company merged in 2020
Manager, Executive Compensation & M&A
Raytheon Technologies Corporation
, Connecticut
03.2013 - 01.2016
- Company Overview: UTC and Raytheon Company merged in 2020
- UTC and Raytheon Company merged in 2020
Senior Specialist, Executive Compensation
Raytheon Technologies Corporation
, Connecticut
10.2010 - 02.2013
- Company Overview: UTC and Raytheon Company merged in 2020
- UTC and Raytheon Company merged in 2020
Senior Compensation Consultant
PricewaterhouseCoopers LLP.
Chicago, Illinois
09.2009 - 09.2010
Compensation Consultant
PricewaterhouseCoopers LLP.
Chicago, Illinois
07.2007 - 08.2009
Compensation Intern
PricewaterhouseCoopers LLP.
Chicago, Illinois
05.2006 - 08.2006
Education
Bachelor of Science - Business Administration
Kelley School of Business
Bloomington, Indiana06.2007
Skills
- Team leadership
- Board and senior leadership presentation
- Project management
- Employee communications
- Data and financial analytics
- Mergers, acquisitions, spinoffs, divestitures
- Market analysis
- Analytical and critical thinker
- Ethical leadership
- Technical acumen
Professional Accolades
- Conference Board – Executive Compensation Practitioners Council Member (prior) and Executive Compensation Council Member (current)
- Patent pending: developed system to handle tax withholding/reporting obligations of trading multiple stock plans following a spinoff.
Timeline
Vice President, Executive Compensation
RTX Corporation (formerly Raytheon Technologies)
11.2021 - Current
Executive Director, Executive Compensation
United Technologies Corporation, UTC
07.2019 - 10.2021
Senior Director, Executive Compensation & M&A
United Technologies Corporation, UTC
02.2016 - 06.2019
Manager, Executive Compensation & M&A
Raytheon Technologies Corporation
03.2013 - 01.2016
Senior Specialist, Executive Compensation
Raytheon Technologies Corporation
10.2010 - 02.2013
Senior Compensation Consultant
PricewaterhouseCoopers LLP.
09.2009 - 09.2010
Compensation Consultant
PricewaterhouseCoopers LLP.
07.2007 - 08.2009
Compensation Intern
PricewaterhouseCoopers LLP.
05.2006 - 08.2006
Bachelor of Science - Business Administration
Kelley School of Business
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