Leadership & Pay ·
L3Harris Technologies announced the immediate departure of Chairman and CEO Christopher Kubasik following a Board…
LHXL3Harris Technologies, Inc.
L3Harris Technologies announced the immediate departure of Chairman and CEO Christopher Kubasik following a Board investigation into conduct inconsistent with company values, which did not impact financial reporting or operations. Sam Mehta has been appointed President and Chief Executive Officer effective immediately, bringing over 25 years of aerospace and defense experience. Mehta’s compensation includes a $1.25 million annual base salary, a target bonus of 200% of base, and a long-term incentive target of $13.25 million. Lewis Hay III was named Independent Chairman of the Board, while Lauren Barnes and Christopher Aebli were appointed Presidents of the Space & Mission Systems and Communications & Spectrum Dominance segments, respectively. The company reaffirmed its 2026 financial guidance for revenue, growth, margins, earnings per share, and free cash flow. L3Harris Technologies operates in the aerospace and defense industry, providing mission-critical technology solutions across space, air, land, sea, and cyber domains.