---
schema_version: "secwatch.filing_event.v1"
accession: "0000202058-23-000061"
form_type: "8-K"
ticker: "LHX"
cik: "0000202058"
company_name: "L3HARRIS TECHNOLOGIES, INC. /DE/"
filed_at: "2023-12-11T23:59:59+00:00"
generated_at: "2026-06-07T15:15:07.053183+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# L3Harris appoints two new directors, forms Business Review Committee in deal with D. E. Shaw

## Summary
- Kirk Hachigian (former JELD-WEN/Cooper CEO) and Bill Swanson (former Raytheon CEO) join L3Harris board immediately.
- Board forms ad hoc Business Review Committee to review operations, costs, portfolio; completion expected in 2024.
- Cooperation agreement with D. E. Shaw includes customary standstill and voting commitments; additional independent director in 2024.
- Long-term incentive plan modified to make relative total shareholder return a core metric for performance share units.

## SEC filing metadata
- accession: 0000202058-23-000061
- form_type: 8-K
- ticker: LHX
- cik: 0000202058
- company_name: L3HARRIS TECHNOLOGIES, INC. /DE/
- filed_at: 2023-12-11T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/202058/000020205823000061/0000202058-23-000061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/202058/000020205823000061/hrs-20231210.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000202058-23-000061
- JSON: https://secwatch.observer/filing/0000202058-23-000061.json
- Plain text: https://secwatch.observer/filing/0000202058-23-000061.txt

## Key facts
- Executive change
  Kirk Hachigian was appointed as Director at L3HARRIS TECHNOLOGIES, INC. /DE/.
  - Action: appointed
  - Role: Director
  source text: Pursuant to the Cooperation Agreement, effective December 10, 2023, the Board increased the authorized number of directors constituting the Board from twelve to fourteen and appointed Mr. Hachigian and Mr. Swanson as directors for initial terms expiring at the 2024 Annual Meeting.
  evidence_url: https://www.sec.gov/Archives/edgar/data/202058/000020205823000061/0000202058-23-000061-index.htm
- Executive change
  Bill Swanson was appointed as Director at L3HARRIS TECHNOLOGIES, INC. /DE/.
  - Action: appointed
  - Role: Director
  source text: Pursuant to the Cooperation Agreement, effective December 10, 2023, the Board increased the authorized number of directors constituting the Board from twelve to fourteen and appointed Mr. Hachigian and Mr. Swanson as directors for initial terms expiring at the 2024 Annual Meeting.
  evidence_url: https://www.sec.gov/Archives/edgar/data/202058/000020205823000061/0000202058-23-000061-index.htm
- Material Agreements
  L3HARRIS TECHNOLOGIES, INC. /DE/ entered into cooperation agreement with funds affiliated with the D. E. Shaw group.
  - Action: entry
  - Counterparty: funds affiliated with the D. E. Shaw group
  source text: In connection with these announcements, the company has entered into a cooperation agreement with funds affiliated with the D. E. Shaw group, which is currently one of the company’s largest investors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/202058/000020205823000061/0000202058-23-000061-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.