Tag Archives: william brown

Mick Lopez Joins Harris as SVP, CFO

Miguel “Mick” Lopez, a 30-year financial leadership veteran, has joined Harris Corp. (NYSE: HRS) as senior vice president and chief financial officer. He will report directly to President and CEO William Brown and succeed Gary McArthur, who will step down from both positions to pursue other career opportunities, Harris said Tuesday. Prior …

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Harris Wraps Up $225M Broadcast Group Sale

Harris Corp. (NYSE:HRS) has completed the sale of its broadcast communications business to an affiliate of The Gores Group LLC for $225 million, Harris said Tuesday. The transaction value includes $160 million in cash, a $15 million subordinated promissory note and a potential $50 million earnout based on the group’s …

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Harris 2Q Govt Systems Revenue Up 4%, Integrated Net Solutions Jumps 3%

Harris Corp. (NYSE:HRS) has announced financial results for the second quarter of its 2013 fiscal year, ended Dec. 28, 2012. The company reported $439 million in revenue for its government communications systems group, representing a 4 percent increase over the $422 million in the prior year period. The GOES-R weather program, …

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Harris Names 15-Year Vet Vishal Agrawal Healthcare Lead; William Brown Comments

Harris Corp. (NYSE:HRS) has appointed 15-year healthcare sector veteran Vishal Agrawal, M.D. president of the healthcare solutions business, the company said Wednesday. He will report to James Morris, the newly-appointed president of the integrated network solutions group, and lead a business that develops systems for information technology infrastructure and management, …

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Harris Names Army Vet James Morris Integrated Net Solutions Lead; William Brown Comments

Harris Corp. (NYSE: HRS) has appointed James Morris group president for the integrated network solutions business including the Harris CapRock Communications subsidiary, healthcare solutions and information technology services units. The company said Morris, a 20-year commercial sector veteran and retired Army intelligence officer, will report to Chairman and CEO William …

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Harris Selling Broadcast Segment for $225M as Part of $200M Share Buyback; William Brown Comments

Harris Corp. (NYSE: HRS) has agreed to sell its broadcast communications segment to an affiliate of The Gores Group for $225 million, including $160 million at the expected close date in early calendar year 2013. Harris said the deal, subject to regulatory review and closing conditions, also includes a $15 million …

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Harris Govt Comm Systems 1Q Revenue Up 5%; William Brown Comments

Harris Corp. (NYSE: HRS) has announced financial results for its first quarter of fiscal year 2013, reporting a 5 percent year-over-year increase in revenue for the government communications systems segment. Revenue for the segment totaled $465 million during the most recent quarter, compared with $444 million in the prior-year period. …

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Harris Names William Brown President and CEO, effective Nov. 1

Harris Corp.’s (NYSE: HRS) board of directors has appointed William M. Brown president and chief executive officer, effective Nov. 1, 2011. Brown will succeed Howard L. Lance, who has served as CEO since January 2003 and in May announced he would retire when a successor had been chosen. Lance, 55, will continue to …

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