Christopher E. Kubasik

Chair and Chief Executive Officer (CEO) at L3Harris Technologies Inc

Board

Since June 29, 2022

Age

63 years

Tenure

Joined LHX on 06-29-2019 as Vice Chair, President, and COO, later advancing to Vice Chair and CEO in 2021 and to Chair and CEO in 2022.

Also at L3Harris Technologies Inc

CTF

Christoph T. Feddersen

Vice President, General Counsel & Secretary

EJZ

Edward J. Zoiss

President, Space & Airborne Systems (SAS)

JPC

John P. Cantillon

Vice President and Principal Accounting Officer

About

Christopher E. Kubasik is a seasoned executive with extensive experience in the aerospace and defense industries, having built his career over 17 years at Ernst & Young and 13 years at Lockheed Martin. His early professional journey laid a solid foundation in financial and operational leadership, shaping a career marked by strategic growth and complex problem-solving.

Throughout his career, significant roles have been undertaken, which include leadership positions at L3 Technologies prior to its merger, and later at L3Harris Technologies. His career progression reflects an in-depth understanding of industry dynamics, evidenced by his successive promotions from Vice Chair, President, and COO to ultimately Chair and CEO.

His leadership is characterized by a focus on innovative strategies and operational excellence, enabling robust relationships with key customers and government entities. This blend of experience and vision defines his contributions to the growth and transformation efforts at LHX while also extending his influence through board roles and significant industry engagements.

$LHX Performance Under Christopher E. Kubasik

Past Roles

Organization	Role	Date Range	Details
L3Harris Technologies (LHX)	Vice Chair and Chief Executive Officer	June 29, 2021 – June 29, 2022	Position held prior to current role
L3Harris Technologies (LHX)	Vice Chair, President, and Chief Operating Officer	June 29, 2019 – June 29, 2021	Served as COO prior to further promotions
L3 Technologies, Inc.	Chairman, Chief Executive Officer, and President	2018 – June 28, 2019	Role before the merger with Harris Corporation
L3 Technologies, Inc.	President and Chief Operating Officer	2015 – 2017	Held during the pre-merger era
Lockheed Martin Corporation	Senior Executive Positions (including Vice Chair, President, and COO)	N/A	Held over a 13-year career; the COO role lasted 3 years
Ernst & Young LLP	Partner	N/A	Worked 17 years with the firm; named partner in 1996

Fixed Compensation

Data from FY 2023

Component Name	Amount	Payment Schedule	Additional Details
Salary	$1,542,308	2023 Annual Payment	Fixed annual base salary.
All Other Compensation	$1,057,298	2023 Annual Payment	Comprises Life Insurance Premiums ($4,856), Company Contributions to RSP ($15,692), Company Credits to ERSP ($234,346), Equity Cash Dividends ($415,327), and Perquisites and Other Benefits ($387,077)

Performance Compensation

Data from FY 2023

Annual Cash Incentive Payout

Metric	Value	Notes
Adjusted Free Cash Flow Weight	50%	Listed under AIP performance metrics
Adjusted EBIT Weight	30%
Revenue Weight	20%
Threshold Payout	$310,000	Minimum performance level
Target Payout	$3,100,000	Annual performance target
Maximum Payout	$6,200,000	Cap on annual cash incentive
Actual Payout	$3,735,500 (120.5% of target)	Result based on performance metrics

Performance Share Units (PSUs)

Metric	Value	Notes
Performance Metrics	3-year cumulative EPS; 3-year average ROIC; TSR adjustment	Metrics subject to adjustment based on TSR
Threshold Units	6,424	Minimum number of units
Target Units	32,120	Target number of units
Maximum Units	64,240	200% of target
Grant Date	February 24, 2023
Grant Date Fair Value	$6,739,097
Grant Date Stock Price	$210.15 per share	Determined on grant date
Vesting Schedule	Vest at end of 3-year period (2023–2025)	Performance period aligned with multi-year targets

Accelerated Vesting of Unvested PSUs

Metric	Value	Notes
Accelerated Vesting Value	$19,085,488	Triggered by change in control or termination conditions

Stock Options

Metric	Value	Notes
Number of Options Granted	61,577	Total options granted
Grant Date	February 24, 2023
Grant Date Fair Value	$3,375,035
Exercise Price	$210.15 per share	Equal to closing market price on grant date
Vesting Schedule	1/3 on Feb 24, 2024; 1/3 on Feb 24, 2025; 1/3 on Feb 24, 2026	Subject to continued employment
Expiration Date	February 24, 2033	10-year term

Restricted Stock Units (RSUs)

Metric	Value	Notes
Shares Granted	16,060
Grant Date	February 24, 2023
Grant Date Fair Value	$3,375,009
Grant Date Stock Price	$210.15 per share	Based on closing market price
Vesting Schedule	Typically over 3 years	Specific schedule not fully detailed

Target Value of Annual Cycle Awards (Equity-Based)

Metric	Value	Notes
Total Target Value	$13,500,000	For fiscal 2023
Composition	50% PSUs, 25% Stock Options, 25% RSUs	Allocated among equity-based awards