Greg Hayes is stepping down as chairman of RTX Corp. in the spring and will be replaced by President and CEO Chris Calio.

RTX has designated its president and chief executive, Christopher Calio, to succeed Gregory Hayes as chairman of the aerospace and defense company, effective April 30.

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Spanish fashion retailer Mango’s parent company Punto Fa has appointed CEO Toni Ruiz as chairman, however he will maintain his CEO position to help the company achieve its 2024-2026 strategic plan.