Author: Jane Edwards|| Date Published: July 1, 2019
Jay Malave
Jesus œJay Malave, a more than 20-year United Technologies Corp. (NYSE: UTC) veteran, has joined L3Harris Technologies (NYSE: LHX) as senior vice president and chief financial officer.
He will report to William Brown, chairman and CEO of L3Harris, and be responsible for the company™s financial planning and analysis, accounting, tax and treasury functions, internal audit and investor relations, the company said Monday.
Malave™s appointment coincided with the completion of the all-stock merger between L3 Technologies and Harris to form the country™s sixth largest defense technology firm, L3Harris, and announcement of the new company™s leadership team, board of directors and organizational structure.
œI am delighted to welcome Jay to L3Harris, and am confident that his broad financial expertise, post-merger integration experience, industry knowledge and passion for talent development will serve us well as we build the new L3Harris, Brown said.
Malave succeeds Ralph D™Ambrosio and Rahul Ghai, former L3 and Harris CFOs, and brings to the newly formed company decades of experience in corporate finance, financial planning, investor relations and post-merger integration in the defense and aerospace sector.
During his tenure at UTC, Malave held senior leadership roles including VP and CFO of the company™s aerospace systems business and Carrier business segment.
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