Summary
This 8-K filing from Harris Corporation (now L3Harris Technologies, Inc.) reports on a significant leadership change. Effective December 31, 2011, Mr. Howard L. Lance retired as non-executive Chairman of the Board and as a director of the Company. This departure follows a previously disclosed agreement regarding the terms of his retirement. As a successor, the Board had previously appointed Mr. Thomas A. Dattilo to serve as non-executive Chairman, effective January 1, 2012. This transition in board leadership is the primary event disclosed in this report, providing continuity and a planned succession for the Chairman role.
Key Highlights
- 1Mr. Howard L. Lance retired as non-executive Chairman of the Board of Directors and as a director of Harris Corporation, effective December 31, 2011.
- 2Mr. Lance's retirement was in accordance with a letter agreement dated October 8, 2011.
- 3The terms of the retirement agreement were previously filed with the SEC as Exhibit 10.2 to an October 11, 2011 Form 8-K.
- 4Mr. Thomas A. Dattilo was previously appointed by the Board to succeed Mr. Lance as non-executive Chairman.
- 5Mr. Dattilo's appointment as non-executive Chairman became effective on January 1, 2012.