L3Harris Technologies (NYSE: LHX) has announced the appointment of David S. Regnery, Chair and CEO of Trane Technologies plc, to its board of directors. Regnery, 62, brings with him a proven track record of leading large organizations and shaping future strategies. His appointment comes as part of a cooperation agreement with the D.E. Shaw Group.
Regnery's experience includes serving as Trane Technologies' President and COO, where he had direct responsibility for three regional reportable segments and the entire portfolio of businesses, as well as crucial company operations such as supply chain, engineering, and information technology. His appointment is expected to bring additional experience and perspective to L3Harris as it continues its journey to transform the defense industry.
This news comes as L3Harris continues its position as a trusted disruptor in the defense industry, delivering end-to-end technology solutions for national security, with a focus on customers' mission-critical needs.
The appointment of Regnery to the board of directors is a significant development for L3Harris, as the company continues to navigate its strategic direction and seek new opportunities for growth and innovation. As a result of these announcements, the company's shares have moved 0.4% on the market, and are now trading at a price of $246.4. If you want to know more, read the company's complete 8-K report here.
