L3Harris ousts CEO Chris Kubasik over unspecified conduct, stock drops 4%

Published Aug 17, 08:31 PM UTC

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L3Harris Technologies has ousted its CEO Chris Kubasik following an investigation into unspecified personal conduct. The board determined the conduct was inconsistent with company policies and values, though no further details were provided. The company's stock dropped 4% on the news. Chief Operating Officer Sam Meek has been appointed as interim CEO. Kubasik had served as CEO since 2021 and previously as COO. The sudden leadership change raises questions about corporate governance and succession planning at the defense contractor.

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L3Harris Ousts CEO Chris Kubasik Over Code of Conduct Violation

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