L3Harris Technologies Management
Management criteria checks 2/4
L3Harris Technologies' CEO is Chris Kubasik, appointed in Jun 2021, has a tenure of 3.5 years. total yearly compensation is $19.82M, comprised of 7.8% salary and 92.2% bonuses, including company stock and options. directly owns 0.084% of the company’s shares, worth R$207.02M. The average tenure of the management team and the board of directors is 1.3 years and 5.5 years respectively.
Key information
Chris Kubasik
Chief executive officer
US$19.8m
Total compensation
| CEO salary percentage | 7.8% |
| CEO tenure | 3.5yrs |
| CEO ownership | 0.08% |
| Management average tenure | 1.3yrs |
| Board average tenure | 5.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 27 2024 | n/a | n/a | US$1b |
| Jun 28 2024 | n/a | n/a | US$1b |
| Mar 29 2024 | n/a | n/a | US$1b |
| Dec 29 2023 | US$20m | US$2m | US$1b |
| Sep 29 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$802m |
| Mar 31 2023 | n/a | n/a | US$924m |
| Dec 30 2022 | US$17m | US$2m | US$1b |
| Sep 30 2022 | n/a | n/a | US$1b |
| Jul 01 2022 | n/a | n/a | US$2b |
| Apr 01 2022 | n/a | n/a | US$2b |
| Dec 31 2021 | US$16m | US$2m | US$2b |
| Oct 01 2021 | n/a | n/a | US$2b |
| Jul 02 2021 | n/a | n/a | US$2b |
| Apr 02 2021 | n/a | n/a | US$1b |
| Jan 01 2021 | US$18m | US$1m | US$1b |
| Oct 02 2020 | n/a | n/a | US$2b |
| Jul 03 2020 | n/a | n/a | US$2b |
| Apr 03 2020 | n/a | n/a | US$2b |
| Jan 03 2020 | US$16m | US$753k | US$2b |
Compensation vs Market: Chris's total compensation ($USD19.82M) is above average for companies of similar size in the BR market ($USD5.74M).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
CEO
Chris Kubasik (63 yo)
3.5yrs
Tenure
US$19,824,247
Compensation
Mr. Christopher E. Kubasik, also known as Chris, C.P.A. has been the Chief Executive Officer at L3Harris Technologies, Inc. since June 29, 2021. He serves as Chairman of Board at L3Harris Technologies, Inc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 3.5yrs | US$19.82m | 0.084% R$ 207.0m | |
| Senior VP & CFO | less than a year | US$302.75k | 0.000010% R$ 24.6k | |
| President of Space & Airborne Systems | 9.4yrs | US$4.57m | 0.014% R$ 35.3m | |
| President of Communication Systems Segment | 1.9yrs | US$9.88m | 0.0015% R$ 3.8m | |
| Vice President of Operations & Program Excellence | less than a year | no data | no data | |
| VP & Principal Accounting Officer | less than a year | no data | no data | |
| VP & CTO | less than a year | no data | no data | |
| VP & Chief Information Officer | 1.5yrs | no data | no data | |
| Vice President of Investor Relations & Corporate Development | less than a year | no data | no data | |
| Vice President of Internal Audit & Compliance | 17.8yrs | no data | no data | |
| VP, General Counsel & Secretary | less than a year | no data | 0% R$ 0 | |
| VP & Chief Human Resources Officer | 1.7yrs | no data | 0.0016% R$ 3.8m |
1.3yrs
Average Tenure
55yo
Average Age
Experienced Management: L1HX34's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 5.5yrs | US$19.82m | 0.084% R$ 207.0m | |
| Independent Director | 23.3yrs | US$333.80k | 0.0040% R$ 10.0m | |
| Independent Director | 6.7yrs | US$349.91k | 0.0030% R$ 7.5m | |
| Lead Independent Director | 5.5yrs | US$369.91k | 0.12% R$ 303.4m | |
| Independent Director | 22.8yrs | US$339.91k | 0.010% R$ 25.6m | |
| Independent Director | 8.2yrs | US$331.10k | 0.0029% R$ 7.1m | |
| Independent Director | 2.6yrs | US$319.91k | 0.0016% R$ 3.9m | |
| Independent Director | 5.5yrs | US$319.91k | 0.0025% R$ 6.2m | |
| Independent Director | 12.3yrs | US$329.91k | 0.0031% R$ 7.6m | |
| Independent Director | 2.4yrs | US$319.91k | 0.0019% R$ 4.7m | |
| Independent Director | 3yrs | US$319.91k | 0.0015% R$ 3.6m | |
| Independent Director | 1.8yrs | US$326.61k | 0.0010% R$ 2.5m |
5.5yrs
Average Tenure
67yo
Average Age
Experienced Board: L1HX34's board of directors are considered experienced (5.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 11:35 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/27 |
| Annual Earnings | 2023/12/29 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
L3Harris Technologies, Inc. is covered by 49 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Staszak | Argus Research Company |
| Peter Arment | Baird |
| Ishan Majumdar | Baptista Research |