8-KCurrent report
Officer or director change
UnverifiedL3Harris named Sam Mehta President and CEO effective immediately, replacing Christopher Kubasik, who departed after a board investigation found conduct inconsistent with the Code of Conduct.
7.01 Reg FD disclosure8.01 Other events
Filed Aug 17, 2026 · 07:30 ET
Summary
This summary has not passed every source check. Confirm figures against the original document.
- On August 17, 2026, L3Harris appointed Sam Mehta, age 53, as President and Chief Executive Officer effective immediately and named him to the Board of Directors.
- Mehta joined the Company in 2023 and served as President of the Space & Mission Systems (SMS) and Communications & Spectrum Dominance (CSD) segments, which comprise approximately 80% of the Company's total revenue.
- Mehta's compensation includes an annual base salary of $1,250,000, a target annual cash bonus of 200% of base salary, and a long-term incentive target of $13,250,000, each prorated for 2026.
- Christopher Kubasik, Chairman and CEO, mutually agreed to end his employment effective immediately after an independent board investigation determined he engaged in conduct not consistent with the Company's Code of Conduct.
- Under the Separation Agreement dated August 16, 2026, Kubasik retains certain vested stock options but receives no severance payments or accelerated vesting of unvested equity awards.
- Lewis Hay III was appointed Independent Chairman of the Board, Lauren Barnes was named President, Space & Mission Systems, and Christopher Aebli was named President, Communications & Spectrum Dominance.
Key facts
- CEO base salary
- $1,250,000
From the filing for CEO base salary
“providing for an annual base salary of $1,250,000 and a target annual cash bonus opportunity of 200% of base salary”
- Long-term incentive target
- $13,250,000
From the filing for Long-term incentive target
“Mr. Mehta's long-term incentive target will be set at $13,250,000 and pro-rated for 2026”
- Segment revenue share
- approximately 80%
From the filing for Segment revenue share
“The SMS and CSD segments comprise approximately 80% of the Company's total revenue.”
- Departing CEO
- Christopher Kubasik
From the filing for Departing CEO
“the Company and Christopher Kubasik, its Chairman and Chief Executive Officer (the "Executive"), mutually agreed to end the Executive's employment with the Company effective immediately”
- Reason for departure
- conduct not consistent with the Company's Code of Conduct
From the filing for Reason for departure
“The Board determined that the Executive engaged in conduct that was not consistent with the values of the Company as outlined in its Code of Conduct.”
- Severance terms
- no severance payments or accelerated vesting
From the filing for Severance terms
“will not be entitled to any severance payments or benefits or accelerated vesting of any unvested equity incentive awards”
- New Chairman
- Lewis Hay III
From the filing for New Chairman
“Lewis Hay III has been appointed as Independent Chairman of the Board, Lauren Barnes has been appointed President, Space & Mission Systems and Christopher Aebli has been appointed President, Communications & Spectrum Dominance”
Why it mattersL3Harris replaced its CEO and Chairman following a board investigation into misconduct, elevating the head of its space and communications businesses to lead the company. The change affects leadership of segments representing about 80% of revenue.
- Filed
- Aug 17, 2026
- Accepted
- 2026-08-17 11:30Z
- Period
- Aug 16, 2026
- Accession no.
- 0000202058-26-000066
- Size
- 301 KB
- Index
- Filing index