Scott Lupkas Named Chief of Raytheon’s Pension Unit
New executive for the defense company comes from autoworkers union retiree health plan.
Scott A. Lupkas is the new vice president of Raytheon’s pension investments division.
The new head will oversee the defense company’s investment strategies and assets for its American employee benefit plans.
Lupkas comes from the United Auto Workers Retiree Medical Benefits Trust, which provides healthcare benefits for General Motors, Ford, and Chrysler pensioners. He was the senior managing director of diversifying strategies at the Michigan-based organization since 2013. At the UAW, Lupkas managed hedge fund, liquid alternatives, and private credit strategies.
The new pension investments chief also held top roles at Verdis Investment Management and the Brown University Investment Office.
Kevin DaSilva, Raytheon’s vice president and treasurer, said Lupkas’ “diverse investment experience” made him a prime fit for the job.
Raytheon has $30.8 billion in assets under management, according to the company’s latest annual report.
Raytheon declined to comment.