---
schema_version: "secwatch.filing_event.v1"
accession: "0000202058-23-000071"
form_type: "8-K"
ticker: "LHX"
cik: "0000202058"
company_name: "L3HARRIS TECHNOLOGIES, INC. /DE/"
filed_at: "2023-12-29T23:59:59+00:00"
generated_at: "2026-06-07T06:09:30.022437+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# L3Harris CFO Michelle Turner to depart; severance package totals ~$3.07M

## Summary
- Separation date December 29, 2023; agreement entered December 22, 2023.
- Cash payments: $1.6M (salary + bonus), $951,200 in lieu of 2023 annual incentive, $500K for transitional assistance, $18K outplacement.
- Equity awards treated as involuntary separation; COBRA coverage for 12 months at active rates.
- Agreement includes one-year non-compete, non-solicit, and confidentiality covenants.

## SEC filing metadata
- accession: 0000202058-23-000071
- form_type: 8-K
- ticker: LHX
- cik: 0000202058
- company_name: L3HARRIS TECHNOLOGIES, INC. /DE/
- filed_at: 2023-12-29T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/202058/000020205823000071/0000202058-23-000071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/202058/000020205823000071/hrs-20231222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000202058-23-000071
- JSON: https://secwatch.observer/filing/0000202058-23-000071.json
- Plain text: https://secwatch.observer/filing/0000202058-23-000071.txt

## Key facts
- Executive change
  Michelle L. Turner departed as Chief Financial Officer at L3HARRIS TECHNOLOGIES, INC. /DE/.
  - Action: separated
  - Role: Chief Financial Officer
  source text: On December 22, 2023, L3Harris Technologies, Inc. ("L3Harris") entered into a Release of All Claims Agreement (the "Agreement") with Michelle L. Turner, which was approved by the Compensation Committee of L3Harris' Board of Directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/202058/000020205823000071/0000202058-23-000071-index.htm

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