![\"L3Harris](\"https:\/\/cdn.satnow.com\/news\/700_x_375_L3_1__639226304456867332.webp\")
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L3Harris Technologies has announced that its Board of Directors has appointed Sam Mehta<\/strong> as President and Chief Executive Officer<\/strong> and a member of the Board. In addition, Lewis Hay III, L3Harris\u2019 Lead Independent Director, has been named Independent Chairman of the Board. Christopher Kubasik has stepped down as Chairman and CEO and as a member of the Board. These changes have been effective immediately.<\/p>\n Mehta joined L3Harris in 2023 and has more than 25 years of strategic and operational leadership experience across the aerospace and defense industry. He has been a member of the L3Harris executive team. In his most recent role as President of the Space & Mission Systems (SMS) and Communications & Spectrum Dominance (CSD) segments, he has been responsible for business strategy, financial performance, execution and growth of the Company’s largest segments to deliver integrated solutions across space, air, land, sea and cyber domains. The SMS and CSD segments have comprised more than 80% of L3Harris\u2019 total revenue.<\/p>\n Hay said, \u201cSam is a proven executive who brings deep knowledge of our business, priorities and culture, making him ideally suited to become President and CEO of L3Harris at this important time in our company\u2019s and our nation\u2019s history. Sam\u2019s readiness to lead L3Harris reflects the Board\u2019s robust succession planning and our focus on cultivating talent.\u201d <\/p>\n Mehta said, \u201cI am honored by the opportunity to serve as President and CEO of L3Harris. I look forward to working even more closely with my fellow senior leaders and my talented colleagues across the Company to support the needs of our country and our allies. Today, L3Harris has a portfolio purpose-built for the future of warfare, and we are well-positioned to continue executing our focused growth strategy as The Trusted Disruptor.\u201d<\/p>\n Hay said, \u201cI am pleased to assume the role of Independent Chairman of the Board of L3Harris. Working side by side with my fellow directors, Sam and the rest of L3Harris leadership, we are focused on delivering on our key priorities for the benefit of our customers, partners and shareholders.\u201d<\/p>\n In connection with Mehta\u2019s appointment as President and CEO, Lauren Barnes, President of Spectrum Superiority, has been appointed President of SMS, and Christopher Aebli<\/strong>, President of Mission Critical Communications<\/strong>, has been appointed President of CSD<\/strong>, also effective immediately. Under the leadership of Kenneth Bedingfield<\/strong>, President of Missile Solutions<\/strong>, L3Harris remained committed to its previously announced $3 billion capital buildout to increase solid rocket motor production and strengthen its supply chain to address our nation\u2019s needs.<\/p>\n Details of Kubasik\u2019s Departure<\/strong><\/p>\n Hay added, \u201cChris has overseen significant transformation during his tenure at L3Harris, and he has built a strong team to carry the business forward. However, our values guide the actions we take each day as The Trusted Disruptor and are at the center of everything we do. The Board and Chris have agreed that implementing our succession plan today is the right thing to do. We thank him for his service.\u201d <\/p>\n The Company has become aware of certain conduct by Kubasik that was not consistent with the values of the Company as outlined in its Code of Conduct. This conduct has been unrelated to the Company\u2019s financial reporting, controls, customer relationships or operational performance. Following its investigation of these matters with the assistance of independent counsel, the Board has determined that it would be in the best interests of the Company to enter into a separation agreement with Kubasik. L3Harris has reaffirmed 2026 consolidated revenue, organic growth, segment operating margin, GAAP earnings per share, and free cash flow.<\/p>\n","protected":false},"excerpt":{"rendered":" L3Harris Technologies has announced that its Board of Directors has appointed Sam Mehta as President and Chief Executive Officer and a member of the Board. In addition, Lewis Hay III, L3Harris\u2019 Lead Independent Director, has been named Independent Chairman of the Board. Christopher Kubasik has stepped down as Chairman and CEO and as a member of […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[83,20],"class_list":["post-86437","post","type-post","status-publish","format-standard","hentry","category-news","tag-aerospace-defense","tag-satellite"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/86437"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=86437"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/86437\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=86437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=86437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=86437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}