Hartford Business Journal

April 20, 2020 — Power 50

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www.HartfordBusiness.com • April 20, 2020 • Hartford Business Journal 17 Now more than ever, we must come together to support each other. Learn about the Hartford Foundation's COVID-19 Response Fund hfpg.org/covid19 THE LISTS Connecticut's largest employers Ranked by number of Connecticut employees as of September 2019 unless otherwise noted Source: Each employer via survey. Notes: NA=not available. Stamford's Pitney Bowes Inc. does not disclose employee figures by state. Unable to confirm data for City of New Haven, with 4,816 employees in 2017. (a) As of August 2019. (b) Best estimate as of first pay period in August. (c) FTE = 16,393. (d) On April 3, 2020, United Technologies Corp. (UTC) and Mass. defense company Raytheon completed a $180-billion merger of equals, creating Raytheon Technologies. The combined company is headquar- tered in Waltham, Mass. and trades under the ticker symbol RTX. The union was contingent upon divesti- ture of Raytheon's military airborne radios business and UTC's military GPS and large space-based optical systems businesses. Farmington-based Otis Elevator and Florida-based Carrier Corp., formerly part of UTC, now operate as independent companies. (e) Represents figure for UTC prior to merger with Raytheon, now Raytheon Technologies. (f) Revised since publication in 2019/2020 HBJ BOL. (g) Data from 2018. (h) Became president in Oct. 2019. (i) There are a total of 105,000 Lockheed Martin employees. (j) Employee figures are approximate. (k) Includes St. Francis Hospital, Mount Sinai Rehabili- tation Hospital and Johnson Memorial Hospital. (l) Data from 2017. —Compiled by Roger Magnus Research and Heide Martin. Connecticut's largest employers (Ranked by number of Connecticut employees as of September 2019 unless otherwise noted) Rank Employer Conn. employees 2019/ 2018 Total employees 2019/ 2018 Type of business Person in charge/ Year founded 1 State of Connecticut State Capitol, 210 Capitol Ave. Hartford, CT 06106 860-566-4840; www.ct.gov 57,714 (a) 57,889 (b) 57,714 (a) 57,889 (b) State government Ned Lamont Governor 1788 2 Yale New Haven Health System 789 Howard Ave. New Haven, CT 06519 203-688-4608; www.yalenewhavenhealth.org 24,365 (c) 19,416 NA 20,354 Healthcare system Marna Borgstrom President & CEO 1996 3 Hartford HealthCare 1 State St., Suite 19 Hartford, CT 06103 860-263-4100; hartfordhealthcare.org 19,514 18,652 19,550 18,673 Healthcare system Jeffrey Flaks President & CEO 1985 4 United Technologies Corp., now Raytheon Technologies (d) 10 Farm Springs Road Farmington, CT 06032 860-728-7000; www.utc.com 19,000 (e) 18,000 (e) 240,000 (e) 204,700 (e) Aerospace, elevator, fire, security, air conditioning, building automation, and heating and cooling industries Gregory J. Hayes Chairman & CEO 1929 5 Yale University 105 Wall St. New Haven, CT 06511 203-432-4771; yale.edu 16,620 (f) 16,055 (f) 16,665 (f) 16,089 (f) University Peter Salovey President 1701 6 General Dynamics Electric Boat 75 Eastern Point Road Groton, CT 06340 860-433-3000; www.gdeb.com 11,862 (g) 11,862 17,053 (g) 17,053 Design, build and life cycle support for U.S. nuclear submarines Kevin Graney President (h) 1899 7 University of Connecticut 115 N. Eagleville Road Storrs, CT 06269 860-486-2000; www.uconn.edu 9,202 9,760 9,619 9,916 Primary state university Thomas C. Katsouleas President 1881 8 Wal-Mart Stores Inc. NA NA, CT 800-925-6278; www.walmart.com 8,345 8,835 2,200,000 2,200,000 Retail Doug McMilllon President & CEO 1962 9 Sikorsky, a Lockheed Martin Company 6900 Main St. Stratford, CT 06615 800-946-4337; www.lockheedmartin.com/en-us/capabilities/ sikorsky.html 7,628 7,900 13,000 (i) 12,000 Helicopter design, manufacture and service Dan Schultz President 1925 10 The Travelers Cos. Inc. 1 Tower Square Hartford, CT 06183 860-277-0111; www.travelers.com 7,400 (j) 7,400 (j) 30,000 (j) 30,000 (j) Property and casualty insurer Alan D. Schnitzer Chairman & CEO 1864 11 Mohegan Sun 1 Mohegan Sun Blvd. Uncasville, CT 06382 888-226-7711; mohegansun.com 7,000 7,150 NA 7,150 Entertainment, gaming, dining, shopping, hotel, spa and meetings and conventions Ray Pineault President & general manager 1996 12 The Hartford One Hartford Plaza Hartford, CT 06155 860-547-5000; www.thehartford.com 6,600 6,800 19,000 18,500 Property and casualty insurance, group benefits, and mutual funds Christopher J. Swift Chairman & CEO 1810 13 Trinity Health Of New England (k) 1000 Asylum Ave. Hartford, CT 06105 860-714-1900 ; www.trinityhealthofne.org 6,491 (l) 6,491 (l) 6,491 (l) 6,491 (l) Hospital Reginald J. Eadie President & CEO 2015 14 UnitedHealth Group (UnitedHealthcare) 185 Asylum St. Hartford, CT 06103 860-702-5000 ; www.uhc.com 5,791 (m) 4,214 (n) 260,000 270,000 Medicare, commercial and individual health plans Stephen Farrell CEO, UnitedHealthcare of New England 1974 15 Foxwoods Resort Casino 350 Trolley Line Blvd. Mashantucket, CT 06338 800-369-9663; www.foxwoods.com 5,500 5,500 NA 5,500 Hospitality, entertainment, gaming, retail, dining, golf, spa and hotel John J. James (o) President & CEO 1992 16 Aetna Inc., a CVS Health business 151 Farmington Ave. Hartford, CT 06156 860-273-0123; www.aetna.com 5,260 (p) 5,275 52,821 (q) 48,290 Traditional, voluntary and consumer-directed health insurance products and related services Karen Lynch President, Aetna business unit & EVP, CVS Health 1853 17 Athena Health Care Systems 135 South Road Farmington, CT 06032 860-751-3900; athenahealthcare.com 5,197 4,882 10,033 9,697 Skilled nursing and rehabilitation facilities, home health and hospice, assisted living Lawrence Santilli President & CEO 1984 18 Cigna Corp. 900 Cottage Grove Rd. Bloomfield, CT 06002 860-226-6000; www.cigna.com 4,700 4,700 74,000 45,000 Global health services including medical, dental, behavioral health, pharmacy, vision and supplemental benefits David M. Cordani President & CEO 1792 19 City of Waterbury 235 Grand St. Waterbury, CT 06702 203-574-6712; www.waterburyct.org 4,516 4,592 4,516 4,592 Municipal government Neil O'Leary Mayor 1686 20 ESPN ESPN Plaza, 935 Middle St. Bristol, CT 06010 888-549-3776; espn.go.com 4,000 (r) 4,200 6,500 (s) 8,000 Sports media Jimmy Pitaro President 1979 Source: Each employer via survey. Notes: NA=not available. Stamford's Pitney Bowes Inc. does not disclose employee figures by state. Unable to confirm data for City of New Haven, with 4,816 employees in 2017. (a) As of August 2019. (b) Best estimate as of first pay period in August. (c) FTE = 16,393. (d) On April 3, 2020, United Technologies Corp. (UTC) and Mass. defense company Raytheon completed a $180-billion merger of equals, creating Raytheon Technologies. The combined company is headquartered in Waltham, Mass. and trades under the ticker symbol RTX. The union was contingent upon divestiture of Raytheon's military airborne radios business and UTC's military GPS and large space-based optical systems businesses. Farmington-based Otis Elevator and Florida-based Carrier Corp., formerly part of UTC, now operate as independent companies. (e) Represents figure for UTC prior to merger with Raytheon, now Raytheon Technologies. (f) Revised since publication in 2019/2020 HBJ BOL. (g) Data from 2018. (h) Became president in Oct. 2019. (i) There are a total of 105,000 Lockheed Martin employees. (j) Employee figures are approximate. (k) Includes St. Francis Hospital, Mount Sinai Rehabilitation Hospital and Johnson Memorial Hospital. (l) Data from 2017. (m) An additional 758 contractors. (n) An additional 824 contractors. (o) As of Aug. 12, 2019, succeeded interim CEO Rodney A. Butler. (p) As of March 31, 2020. (q) As of March 31, 2020. Includes 1,245 employees based outside the U.S. (r) Approximate. (s) 6,500+. —Compiled by Roger Magnus Research and Heide Martin.

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