-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, M6VT2axEaozxsiXf3VsbK0zkJBl2Re2GZyA+QZN49z5O7GFvuzOb+tUL4ir7I4sN N3jpQ7mylYcEYVbHL4y65A== 0001299933-07-003253.txt : 20070524 0001299933-07-003253.hdr.sgml : 20070524 20070524172557 ACCESSION NUMBER: 0001299933-07-003253 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070521 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070524 DATE AS OF CHANGE: 20070524 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HARRIS CORP /DE/ CENTRAL INDEX KEY: 0000202058 STANDARD INDUSTRIAL CLASSIFICATION: SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL SYS [3812] IRS NUMBER: 340276860 STATE OF INCORPORATION: DE FISCAL YEAR END: 0629 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-03863 FILM NUMBER: 07877834 BUSINESS ADDRESS: STREET 1: 1025 W NASA BLVD CITY: MELBOURNE STATE: FL ZIP: 32919 BUSINESS PHONE: 3217279100 MAIL ADDRESS: STREET 1: 1025 W NASA BLVD CITY: MELBOURNE STATE: FL ZIP: 32919 FORMER COMPANY: FORMER CONFORMED NAME: HARRIS SEYBOLD CO DATE OF NAME CHANGE: 19600201 8-K 1 htm_20538.htm LIVE FILING HARRIS CORPORATION (Form: 8-K)  

 


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

     
Date of Report (Date of Earliest Event Reported):   May 21, 2007

HARRIS CORPORATION
__________________________________________
(Exact name of registrant as specified in its charter)

     
Delaware 1-3863 34-0276860
_____________________
(State or other jurisdiction
_____________
(Commission
______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
1025 West NASA Blvd., Melbourne, Florida   32919
_________________________________
(Address of principal executive offices)
  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   (321) 727-9100

Not Applicable
______________________________________________
Former name or former address, if changed since last report

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 21, 2007, Harris Corporation ("Harris") issued a press release announcing that Robert K. Henry has been named to the newly created position of Executive Vice President and Chief Operating Officer, effective immediately. Prior to this appointment, Mr. Henry, age 59, had been Executive Vice President and President of Harris’ Government Communications Systems Division since July 2006. Mr. Henry joined Harris in 1997 as Vice President-General Manager of the Communications Systems Division of the former Electronics Systems Sector and was appointed President of the Government Communications Systems Division in 1999. The full text of the press release is filed herewith as Exhibit 99.1 and is incorporated into this Item 5.02 by reference.

Mr. Henry serves at the pleasure of the Board. There is no arrangement or understanding between Mr. Henry and any other person pursuant to which he was selected as Executive Vice President and Chief Operating Officer and there is no family relationship betwee n Mr. Henry and any of the executive officers or directors of Harris. In addition, Mr. Henry has not been directly or indirectly involved in any transaction, proposed transaction, or series of similar transactions with Harris required to be disclosed pursuant to Item 404(a) of Regulation S-K. Mr. Henry does not have a written employment agreement with Harris and he did not receive any salary increase or additional equity awards or other compensation in connection with this appointment. Mr. Henry’s current salary and bonus information is included in the Current Report on Form 8-K filed by Harris on August 31, 2006, which is incorporated herein by reference. Mr. Henry is party to a change in control severance agreement with Harris in substantially the form that has been filed as Exhibit 10(a) to Harris’ Annual Report on Form 10-K for the fiscal year ended June 30, 1996, and which provides severance benefits in the event Mr. Henry’s employment is terminated by Harris without cause, or by Mr. Henry for good reason, within two years following a change of control. If triggered, the lump-sum severance benefit payable under Mr. Henry’s change in control severance agreement will include three times his highest annual rate of base salary during the 12-month period prior to the date of termination and three times the greatest of his highest annual bonus in the three years prior to the year during which the change in control occurred, his target bonus for the year during which the change of control occurred or his target bonus for the year in which his employment is terminated. Mr. Henry is eligible to participate in the Harris equity incentive plans and retirement, health and welfare plans on the same terms offered to other participants and is also eligible to receive perquisites on the same basis offered to other executive officers.





Item 8.01 Other Events.

On May 21, 2007, Harris announced that effective with its fiscal year 2008, which begins June 30, 2007, Harris’ segment reporting will be adjusted and will include: (i) Government Communications Systems; (ii) Defense Communications and Electronics; (iii) Broadcast Communications; and (iv) Harris Stratex Networks, Inc. Further information is set forth in the press release filed herewith as Exhibit 99.1, which is incorporated into this Item 8.01 by reference.





Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.
The following exhibit is filed herewith:
99.1 Press Release, issued by Harris Corporation on May 21, 2007.






SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

         
    HARRIS CORPORATION
          
May 24, 2007   By:   /s/ Scott T. Mikuen
       
        Name: Scott T. Mikuen
        Title: Vice President, Associate General Counsel and Corporate Secretary


Exhibit Index


     
Exhibit No.   Description

 
99.1
  Press Release, issued by Harris Corporation on May 21, 2007
EX-99.1 2 exhibit1.htm EX-99.1 EX-99.1

EXHIBIT 99.1

Harris Corporation Names Robert K. Henry Chief Operating Officer;
Jeremy C. Wensinger and Daniel R. Pearson Named Group Presidents of Harris Government Segments

MELBOURNE, Florida, May 21, 2007 — Harris Corporation (NYSE), an international communications and information technology company, has named Robert K. Henry to the newly created position of executive vice president and chief operating officer. Henry, 59, previously was executive vice president and president of the Government Communications Systems Division. He will continue to oversee the company’s government businesses in addition to providing leadership to a broader group of corporate functions, including research and development, technology transfer, acquisition integration, facilities, supply chain management, manufacturing, information systems, government affairs, contracts and security.

Jeremy C. Wensinger, 43, has been named group president – Government Communications Systems. He will lead the company’s civil agency programs, intelligence agency programs and technical services programs, and manage the shared engineering, operations and business development and strategic marketing resources pool for the government businesses. Daniel R. Pearson, 55, has been named group president – Defense Communications and Electronics. He will lead the company’s Department of Defense programs, RF Communications and international systems programs. Both Wensinger and Pearson will continue to report to Henry.

Tim Thorsteinson, president of the Broadcast Communications Division, will continue to report to Howard L. Lance, chairman, president and chief executive officer of Harris. Lance also will continue to represent Harris as a member of the Board of Directors of Harris Stratex Networks, Inc.

Effective with its fiscal year 2008, which begins July 2, 2007, the company’s segment reporting will be adjusted to reflect the new organization structure. The four segments will include Government Communications Systems, Defense Communications and Electronics, Broadcast Communications, and Harris Stratex Networks.

“Bob is well qualified for this expanded leadership role,” said Lance. “His focus on the day-to-day execution of our company-wide business strategies for technology, information systems and the supply chain will drive further improvement in our operating performance and create new value for Harris customers and shareholders. Dan and Jeremy will remain focused on driving top-line growth across our government businesses by investing in new products, developing new systems capabilities, and expanding served markets, including international.”

Henry joined Harris in 1997 as vice president and general manager – Government Communications Systems. He was appointed president of Government Communications Systems in 1999, and was promoted to his most recent position in 2006. Prior to joining Harris, Henry held senior management positions with Lockheed Martin, General Electric and RCA. He earned a bachelor’s degree in Electrical Engineering from the University of Pittsburgh, and a MBA from Frostburg University.

Wensinger most recently was responsible for the civil agency, intelligence agency and technical services programs within Government Communications Systems. Previously, he was president of Harris Broadcast Communications Division. He joined Harris in 1989 and has held a number of senior management positions in Government Communications Systems. He holds a bachelor’s degree in business administration from Bowling Green State University and a MBA from the University of South Florida.

Pearson previously was president of Harris Department of Defense programs. He also served as president of the company’s former Network Support Division. He joined Harris in 1977 and has held a number senior management positions in Government Communications Systems. He has a bachelor’s degree in electrical engineering from the University of Pittsburgh.

About Harris Corporation

Harris is an international communications and information technology company serving government and commercial markets in more than 150 countries. Headquartered in Melbourne, Florida, the company has annual revenue of about $4 billion and more than 14,000 employees — including more than 6,000 engineers and scientists. Harris is dedicated to developing best-in-class assured communications™ products, systems, and services for global markets, including government communications, RF communications, broadcast communications, and wireless transmission network solutions. Additional information about Harris Corporation is available at www.harris.com

# # #

Editors Note: High resolution photos are available from the following links: Robert Henry, Jeremy Wensinger, and Daniel Pearson
Investor Relations inquiries: Pamela Padgett at 321-727-9383, or pamela.padgett@harris.com
Media inquiries: Jim Burke at 321-727-9131, or jim.burke@harris.com
For additional information, contact Harris Corporation at webmaster@harris.com.

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