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Business/Financial

L3Harris Creates Board-Led Panel To Review Operations, Costs, Portfolio

By Cal Biesecker

Monday, December 11th, 2023

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L3Harris Creates Board-Led Panel To Review Operations, Costs, Portfolio

William "Bill" Swanson has joined the board of L3Harris Technologies where he will co-chair a review of the company's operations and portfolio. Photo: L3Harris

L3Harris Technologies [LHX] on Monday said its has formed a new committee within its board of directors charged with quickly reviewing operational performance, cost structure, its portfolio, and ways to enhance shareholder value, complementing efforts already underway in the company. The Business Review Committee will be co-chaired by Bill Swanson, a former chairman and CEO of then Raytheon Technologies before retiring in 2014, and Roger Fradin, a member of the company’s board or a predecessor board since 2026. Fradin, 69,…

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