01—Abstract
Summary
Summary of the 8-K filed December 27, 2024. Cited figures are marked; the original filing is the authoritative source.
L3Harris Technologies, Inc. (LHX) filed an 8-K on December 26, 2024, reporting the retirement of General (ret.) Peter W.
Chiarelli from its Board of Directors, effective at the end of 2024. This departure is in accordance with the Company's retirement policy and is not due to any disagreements regarding the Company's operations, policies, or practices. Mr. Chiarelli has served on the Board for twelve years, and his retirement will be effective at the upcoming annual shareholder meeting where he will not be standing for re-election.
The Company expressed gratitude for his service. This filing is primarily administrative and does not indicate any significant operational or financial changes for the company.
02—Key points
Key Highlights
- General (ret.) Peter W. Chiarelli to retire from the Board of Directors at year-end 2024.
- Mr. Chiarelli's retirement is voluntary and in line with the company's retirement policy.
- No disagreements between Mr. Chiarelli and the Company regarding operations, policies, or practices.
- Mr. Chiarelli served on the Board for twelve years.
- The Company thanked Mr. Chiarelli for his dedicated service.
03—Questions
Frequently Asked Questions
Who is General (ret.) Peter W. Chiarelli and why is his departure notable?
General (ret.) Peter W. Chiarelli is a member of L3Harris Technologies' Board of Directors. His departure is notable due to his long tenure of twelve years of service to the Board.
Are there any concerns about the company's operations or management given this director's departure?
No, the filing explicitly states that Mr. Chiarelli's decision to retire does not involve any disagreement on matters relating to the Company's operations, policies, or practices. This indicates his departure is routine and not a result of any adverse issues.
What is the reason for Mr. Chiarelli's retirement?
Mr. Chiarelli is retiring due to the Company's established retirement policy and will not be standing for re-election at the next annual shareholder meeting.
04—Continue