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The Morning Risk Report: L3Harris Ousts CEO After Investigation Into Conduct
The Wall Street Journal32d agobearish
The Morning Risk Report: L3Harris Ousts CEO After Investigation Into Conduct

L3Harris Technologies, the company that overhauled a Qatari plane now used as Air Force One, has replaced Christopher Kubasik as chairman and chief executive after an investigation determined he violated the defense contractor’s code of conduct. Kubasik’s alleged conduct didn’t involve and has no impact on the Melbourne, Fla., company’s financial reporting, controls, customer relationships or operational performance, L3Harris said Monday. Explanation: The company didn’t give details on when it received a report of the potential violation.