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 $34.02M. 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
L3Harris Technologies: Strategic Focus On Defense Technology; Initiate With 'Buy'
Dec 06L3Harris Technologies, Inc. (NYSE:LHX) Not Lagging Market On Growth Or Pricing
Nov 17
Some Investors May Be Willing To Look Past L3Harris Technologies' (NYSE:LHX) Soft Earnings
Nov 01L3Harris Technologies, Inc. (NYSE:LHX) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Oct 28Mission-Critical Dividends: Why L3Harris Stands Out In My Portfolio
Oct 25L3Harris Technologies: A Mispriced Gem Among U.S. Defense Stocks
Oct 02An Intrinsic Calculation For L3Harris Technologies, Inc. (NYSE:LHX) Suggests It's 47% Undervalued
Oct 02L3Harris: Not Only About Defense Spending But Also Going Commercial
Sep 13L3Harris: A Must-Own Stock In A World Of Growing Defense Budgets
Aug 31Here's Why L3Harris Technologies (NYSE:LHX) Can Manage Its Debt Responsibly
Aug 12Cash Flow King - L3Harris Remains A Significantly Undervalued Dividend Growth Gem
Aug 09L3Harris Q2 Earnings Preview: Can The Outperformance Continue
Jul 22With L3Harris Technologies, Inc. (NYSE:LHX) It Looks Like You'll Get What You Pay For
Jul 14Underappreciated And Undervalued: Why L3Harris Remains A Dividend Favorite
Jul 09Are Investors Undervaluing L3Harris Technologies, Inc. (NYSE:LHX) By 41%?
May 28L3Harris Technologies: Future Dividend Aristocrat With Strong Annual Return Potential
Apr 26Is L3Harris Technologies (NYSE:LHX) Using Too Much Debt?
Apr 20L3Harris Technologies: Defensive Qualities Have To Come Through
Apr 18L3Harris Technologies, Inc. (NYSE:LHX) Not Flying Under The Radar
Apr 05L3Harris Technologies (NYSE:LHX) Is Increasing Its Dividend To $1.16
Feb 26L3Harris Technologies: My Favorite Dividend Growth Stock Continues To Fire On All Cylinders
Feb 11Is L3Harris Technologies, Inc. (NYSE:LHX) Trading At A 45% Discount?
Jan 30Is L3Harris Technologies (NYSE:LHX) A Risky Investment?
Jan 10L3Harris Technologies: Unlocking Value In The Defense Industry
Jan 0714% Annual Return Potential: L3Harris Is My Favorite Dividend Stock Going Into 2024
Dec 20L3Harris Technologies: Looking Solid Heading Into 2024
Dec 06With Significant Potential, L3Harris Remains My Favorite Deep Value Dividend Stock
Nov 20L3Harris Q3: Widening Valuation Gap Despite Solid Execution, On-Track Aerojet Integration
Nov 03L3Harris: Why It's Time For Buyers To Catch This Falling Knife
Oct 18L3Harris: Trading At A Discount Despite Favorable Competitive Positioning And M&A Upside
Oct 04L3Harris Growth Prospects Take Off With Space Wins And Defense Spending
Sep 15Up To 50% Undervalued - Why L3Harris Has Become My Favorite Dividend Growth Stock
Sep 06L3Harris: The Secrets Of Becoming A New Defense Star (And A Caveat)
Aug 28CEO 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 US market ($USD12.88M).
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% $ 34.0m | |
| Senior VP & CFO | less than a year | US$302.75k | 0.000010% $ 4.1k | |
| President of Space & Airborne Systems | 9.4yrs | US$4.57m | 0.014% $ 5.8m | |
| President of Communication Systems Segment | 1.9yrs | US$9.88m | 0.0015% $ 619.7k | |
| 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% $ 0 | |
| VP & Chief Human Resources Officer | 1.7yrs | no data | 0.0016% $ 631.9k |
1.3yrs
Average Tenure
55yo
Average Age
Experienced Management: LHX'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% $ 34.0m | |
| Independent Director | 23.3yrs | US$333.80k | 0.0040% $ 1.6m | |
| Independent Director | 6.7yrs | US$349.91k | 0.0030% $ 1.2m | |
| Lead Independent Director | 5.5yrs | US$369.91k | 0.12% $ 49.9m | |
| Independent Director | 22.8yrs | US$339.91k | 0.010% $ 4.2m | |
| Independent Director | 8.2yrs | US$331.10k | 0.0029% $ 1.2m | |
| Independent Director | 2.6yrs | US$319.91k | 0.0016% $ 635.9k | |
| Independent Director | 5.5yrs | US$319.91k | 0.0025% $ 1.0m | |
| Independent Director | 12.3yrs | US$329.91k | 0.0031% $ 1.3m | |
| Independent Director | 2.4yrs | US$319.91k | 0.0019% $ 765.5k | |
| Independent Director | 3yrs | US$319.91k | 0.0015% $ 595.4k | |
| Independent Director | 1.8yrs | US$326.61k | 0.0010% $ 409.1k |
5.5yrs
Average Tenure
67yo
Average Age
Experienced Board: LHX'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 01:57 |
| End of Day Share Price | 2024/12/20 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 |
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| 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 |