Michael R.  Dumais net worth and biography

Michael Dumais Biography and Net Worth

EVP of RTX

Michael Dumais is the chief transformation officer and leads Corporate Strategy & Development for Raytheon Technologies. He is responsible for the planning and execution of initiatives to meet the company’s objectives and secure its growth. Dumais has more than 20 years of experience in business strategy and execution. Most recently, he was the executive vice president of operations and strategy for United Technologies Corporation prior to its merger with Raytheon Company in 2020.

Before that, Dumais served as senior vice president for strategic planning for UTC. He previously led the Power, Controls & Sensing Systems business segment at UTC Aerospace Systems. Dumais also held numerous leadership positions at UTC’s Hamilton Sundstrand division, including president, vice president of operations and vice president of customer service.

Prior to joining UTC, he held various strategic business roles with the consulting firm Bain & Company. He began his career at General Electric Aerospace as a systems engineer.

Dumais holds a bachelor’s degree in electronics engineering from Virginia Tech, a master’s degree in electronics engineering from the University of Pennsylvania and an MBA from the University of Pennsylvania’s Wharton School of Business, where he was a Palmer Scholar.

What is Michael R. Dumais' net worth?

The estimated net worth of Michael R. Dumais is at least $2.44 million as of July 21st, 2022. Mr. Dumais owns 24,977 shares of RTX stock worth more than $2,436,756 as of March 29th. This net worth estimate does not reflect any other investments that Mr. Dumais may own. Learn More about Michael R. Dumais' net worth.

How do I contact Michael R. Dumais?

The corporate mailing address for Mr. Dumais and other RTX executives is 870 Winter Street, Waltham MA, 02451. RTX can also be reached via phone at (781) 522-3000 and via email at [email protected]. Learn More on Michael R. Dumais' contact information.

Has Michael R. Dumais been buying or selling shares of RTX?

Michael R. Dumais has not been actively trading shares of RTX during the last ninety days. Most recently, Michael R. Dumais sold 7,443 shares of the business's stock in a transaction on Monday, February 28th. The shares were sold at an average price of $101.45, for a transaction totalling $755,092.35. Learn More on Michael R. Dumais' trading history.

Who are RTX's active insiders?

RTX's insider roster includes Tracy Atkinson (Director), Christopher Calio (COO), Michael Dumais (EVP), Shane Eddy (Insider), Gregory Hayes (CEO), Frank Jimenez (EVP), Amy Johnson (VP), Wesley Kremer (Insider), Taylor Lawrence (VP), Neil Mitchill, Jr. (Exec. VP & CFO ), Neil Mitchill, Jr. (CFO), Randa Newsome (VP), Anthony O'Brien (VP), Robert Ortberg (Director), Dinesh Paliwal (Director), Rebecca Rhoads (VP), David Wajsgras (VP), Dantaya Williams (EVP), and James Winnefeld, Jr. (Director). Learn More on RTX's active insiders.

Are insiders buying or selling shares of RTX?

During the last twelve months, RTX insiders bought shares 1 times. They purchased a total of 100 shares worth more than $8,682.00. During the last twelve months, insiders at the sold shares 5 times. They sold a total of 37,785 shares worth more than $3,448,187.79. The most recent insider tranaction occured on March, 8th when EVP Dantaya M Williams sold 105 shares worth more than $9,506.70. Insiders at RTX own 0.1% of the company. Learn More about insider trades at RTX.

Information on this page was last updated on 3/8/2024.

Michael R. Dumais Insider Trading History at RTX

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/28/2022Sell7,443$101.45$755,092.35View SEC Filing Icon  
2/25/2022Sell6,883$97.74$672,744.42View SEC Filing Icon  
11/5/2021Sell3,000$90.54$271,620.00View SEC Filing Icon  
5/24/2021Sell4,552$86.27$392,701.0474,374View SEC Filing Icon  
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Michael R. Dumais Buying and Selling Activity at RTX

This chart shows Michael R Dumais's buying and selling at RTX by year and by quarter.

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RTX Company Overview

RTX logo
RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers in the United States and internationally. It operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations. This segment also designs, produces, and supports cabin interior, including oxygen systems, food and beverage preparation, storage and galley systems, and lavatory and wastewater management systems; battlespace, test and training range systems, crew escape systems, and simulation and training solutions; information management services; and aftermarket services that include spare parts, overhaul and repair, engineering and technical support, training and fleet management solutions, and asset and information management services. Its Pratt & Whitney segment supplies aircraft engines for commercial, military, business jet, and general aviation customers; and produces, sells, and services military and commercial auxiliary power units. The Raytheon segment provides defensive and offensive threat detection, tracking, and mitigation capabilities for U.S., foreign government, and commercial customers. The company was formerly known as Raytheon Technologies Corporation and changed its name to RTX Corporation in July 2023. RTX Corporation was incorporated in 1934 and is headquartered in Arlington, Virginia.
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Today's Range

Now: $97.56
Low: $97.47
High: $98.08

50 Day Range

MA: $91.41
Low: $85.03
High: $97.56

2 Week Range

Now: $97.56
Low: $68.56
High: $104.91

Volume

10,700,468 shs

Average Volume

8,932,362 shs

Market Capitalization

$129.72 billion

P/E Ratio

43.55

Dividend Yield

2.42%

Beta

0.87