L3Harris Technologies Management

Management criteria checks 2/4

L3Harris Technologies' CEO is Chris Kubasik, appointed in Jun 2021, has a tenure of 3.42 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 €37.14M. The average tenure of the management team and the board of directors is 1.2 years and 5.4 years respectively.

Key information

Chris Kubasik

Chief executive officer

US$19.8m

Total compensation

CEO salary percentage	7.8%
CEO tenure	3.4yrs
CEO ownership	0.08%
Management average tenure	1.2yrs
Board average tenure	5.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Chris Kubasik's remuneration changed compared to L3Harris Technologies's earnings?
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 ($USD19.82M) is above average for companies of similar size in the German market ($USD4.77M).

Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.

CEO

Chris Kubasik (63 yo)

3.4yrs

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
Christopher Kubasik	Chairman & CEO	3.4yrs	US$19.82m	0.084% € 37.1m
Kenneth Bedingfield	Senior VP & CFO	less than a year	US$302.75k	0.000010% € 4.4k
Edward Zoiss	President of Space & Airborne Systems	9.3yrs	US$4.57m	0.014% € 6.3m
Samir Mehta	President of Communication Systems Segment	1.8yrs	US$9.88m	0.0015% € 676.5k
David Zack	Vice President of Operations & Program Excellence	less than a year	no data	no data
John Cantillon	VP & Principal Accounting Officer	less than a year	no data	no data
Andrew Puryear	VP & CTO	less than a year	no data	no data
Kimberly Mackenroth	VP & Chief Information Officer	1.4yrs	no data	no data
Daniel Gittsovich	Vice President of Investor Relations & Corporate Development	less than a year	no data	no data
Terry Feiser	Vice President of Internal Audit & Compliance	17.7yrs	no data	no data
Christoph Feddersen	VP, General Counsel & Secretary	less than a year	no data	0% € 0
Melanie Rakita	VP & Chief Human Resources Officer	1.6yrs	no data	0.0016% € 689.8k

1.2yrs

Average Tenure

55yo

Average Age

Experienced Management: HRS's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Christopher Kubasik	Chairman & CEO	5.4yrs	US$19.82m	0.084% € 37.1m
Thomas Dattilo	Independent Director	23.3yrs	US$333.80k	0.0040% € 1.8m
Sallie Bailey	Independent Director	6.6yrs	US$349.91k	0.0030% € 1.3m
Robert Millard	Lead Independent Director	5.4yrs	US$369.91k	0.12% € 54.4m
Lewis Hay	Independent Director	22.8yrs	US$339.91k	0.010% € 4.6m
Roger Fradin	Independent Director	8.1yrs	US$331.10k	0.0029% € 1.3m
Joanna Geraghty	Independent Director	2.5yrs	US$319.91k	0.0016% € 694.2k
Rita Lane	Independent Director	5.4yrs	US$319.91k	0.0025% € 1.1m
Peter Chiarelli	Independent Director	12.3yrs	US$329.91k	0.0031% € 1.4m
Christina Zamarro	Independent Director	2.3yrs	US$319.91k	0.0019% € 835.7k
Harry Harris	Independent Director	2.9yrs	US$319.91k	0.0015% € 650.0k
Edward Rice	Independent Director	1.8yrs	US$326.61k	0.0010% € 446.6k

5.4yrs

Average Tenure

67yo

Average Age

Experienced Board: HRS's board of directors are considered experienced (5.4 years average tenure).

L3Harris Technologies Management

Management criteria checks 2/4

Key information

Recent management updates

L3Harris Technologies Appoints Dave Regnery to its Board of Directors

Senior VP recently sold €2.2m worth of stock

Sean J. Stackley Retires as Senior Vice President, Strategy, Growth & Technology for L3Harris Technologies, Inc., Effective August 3, 2024

Senior Vice President of Strategy recently sold €1.4m worth of stock

L3Harris Technologies, Inc., Annual General Meeting, Apr 19, 2024

L3Harris Technologies, Inc., Annual General Meeting, Apr 19, 2024

Recent updates

Upcoming dividend of US$1.16 per share

L3Harris Technologies Completes Safety of Flight Testing

Third quarter 2024 earnings released: EPS: US$2.11 (vs US$2.02 in 3Q 2023)

L3Harris Technologies, Inc. Revises Earnings Guidance for the Year 2024

Second quarter dividend of US$1.16 announced

L3Harris Technologies Announces Quarterly Dividend, Payable on December 6, 2024

L3Harris Technologies Appoints Dave Regnery to its Board of Directors

L3Harris Technologies, Inc. to Report Q3, 2024 Results on Oct 24, 2024

Second quarter 2024 earnings released: EPS: US$1.93 (vs US$1.85 in 2Q 2023)

L3Harris Technologies, Inc. Revises Earnings Guidance for the Year 2024

First quarter dividend of US$1.16 announced

L3harris Technologies, Inc. Announces Quarterly Dividend, Payable on September 20, 2024

Senior VP recently sold €2.2m worth of stock

Sean J. Stackley Retires as Senior Vice President, Strategy, Growth & Technology for L3Harris Technologies, Inc., Effective August 3, 2024

L3Harris Technologies, Inc. to Report Q2, 2024 Results on Jul 25, 2024

Senior Vice President of Strategy recently sold €1.4m worth of stock

Fisica, Inc. completed the acquisition of Non-Core Assets of L3Harris Technologies, Inc. (NYSE:LHX).

Upcoming dividend of US$1.16 per share

L3Harris Technologies, Inc. Increases Earnings Guidance for the Year 2024

First quarter 2024 earnings released: EPS: US$1.49 (vs US$1.77 in 1Q 2023)

Fourth quarter dividend of US$1.16 announced

L3Harris Technologies, Inc. Announces Quarterly Dividend, Payable on June 18, 2024

L3Harris Technologies, Inc. to Report Q1, 2024 Results on Apr 25, 2024

L3Harris Technologies, Inc., Annual General Meeting, Apr 19, 2024

L3Harris Technologies, Inc., Annual General Meeting, Apr 19, 2024

President of Space & Airborne Systems recently sold €1.0m worth of stock

Upcoming dividend of US$1.16 per share

Fourth quarter dividend of US$1.16 announced

L3Harris Technologies Announces Quarterly Dividend, Payable March on 22, 2024

L3Harris Technologies, Inc. Provides Revenue Guidance for the Full Year 2024

Full year 2023 earnings released: EPS: US$6.47 (vs US$5.54 in FY 2022)

L3Harris Technologies, Inc. Announces Board Appointments

L3harris Technologies, Inc. Appoints Kenneth as Senior Vice President, Effective December 11, 2023

Resolute Fund VI, L.P., managed by TJC LP entered into definitive agreement to acquire Commercial Aviation Solutions business from L3Harris Technologies, Inc. (NYSE:LHX) for approximately $800 million.

Resolute Fund VI, L.P., managed by TJC LP entered into definitive agreement to acquire Commercial Aviation Solutions business from L3Harris Technologies, Inc. (NYSE:LHX) for approximately $800 million.

Upcoming dividend of US$1.14 per share at 2.5% yield

New major risk - Financial position

L3Harris Declares Quarterly Dividend, Payable Dec. 1, 2023

L3Harris Technologies, Inc. to Report Q3, 2023 Results on Oct 26, 2023

Upcoming dividend of US$1.14 per share at 2.6% yield

L3Harris Technologies, Inc. (NYSE:LHX) completed the acquisition Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) from a group of shareholders.

L3Harris Technologies, Inc. (NYSE:LHX) completed the acquisition Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) from a group of shareholders.

Second quarter 2023 earnings released: EPS: US$1.85 (vs US$2.45 in 2Q 2022)

L3harris Technologies Declares Quarterly Cash Dividend, Payable September 19, 2023

L3Harris Technologies, Inc. to Report Q2, 2023 Results on Jul 27, 2023

Upcoming dividend of US$1.14 per share at 2.5% yield

First quarter 2023 earnings released: EPS: US$1.77 (vs US$2.46 in 1Q 2022)

Upcoming dividend of US$1.14 per share at 2.1% yield

Full year 2022 earnings released: EPS: US$5.54 (vs US$9.18 in FY 2021)

L3Harris Technologies, Inc. Viper Shield Electronic Warfare System Achieves Critical Design Review Milestone

Full year 2022 earnings released: EPS: US$5.54 (vs US$9.18 in FY 2021)

L3Harris Technologies, Inc. to Report Q4, 2022 Results on Jan 26, 2023

L3Harris Technologies, Inc. (NYSE:LHX) completed the acquisition of Link 16 Tactical Data Links Business from Viasat, Inc. (NasdaqGS:VSAT).

NV5 Global, Inc. (NasdaqCM:NVEE) entered into an agreement to acquire Visual Information Solutions Business of L3Harris Technologies, Inc. (NYSE:LHX).

L3Harris Technologies, Inc. (NYSE:LHX) entered into a definitive agreement to acquire Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) for $4.8 billion.

L3Harris Technologies, Inc. (NYSE:LHX) entered into a definitive agreement to acquire Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) for $4.8 billion.

General Electric, L3Harris Technologies, Textron and Veritas Capital Reportedly Vying for Aerojet Rocketdyne

L3Harris Technologies, Inc. Announces Space Avionics Crucial to Successful SLS Artemis I Launch

Upcoming dividend of US$1.12 per share

Third quarter 2022 earnings released: US$1.57 loss per share (vs US$2.41 profit in 3Q 2021)

L3Harris Technologies, Inc. Declares Quarterly Dividend, Payable on December 2, 2022

L3harris Technologies Reveals New Handheld Radio Module Enabling Worldwide Communications for Warfighters in the Field

L3Harris Provides Advanced Sight Systems, Increases Lethality for Next-Generation Optionally Manned Fighting Vehicle

L3Harris Technologies, Inc. (NYSE:LHX) signed a definitive agreement to acquire Link 16 Tactical Data Links Business from Viasat, Inc. (NasdaqGS:VSAT) for $1.9 billion.

L3Harris Technologies, Inc. to Report Q3, 2022 Results on Oct 27, 2022

L3harris Technologies Announces Executive Changes, Effective October 17, 2022

Upcoming dividend of US$1.12 per share

CEO Compensation Analysis

CEO