Business

L3Harris ousts CEO Chris Kubasik over unspecified 'conduct,' stock drops 4%

CNBC · August 17, 2026 at 5:29 PM

L3Harris ousts CEO Chris Kubasik over unspecified 'conduct,' stock drops 4%

Chris Kubasik was ousted as Lockheed Martin's incoming CEO in 2012 after what that company called "close personal relationship with a subordinate employee."

Read the full article on CNBC ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.cnbc.com — the content belongs to CNBC.

L3Harris ousts CEO Chris Kubasik over unspecified 'conduct,' stock drops 4%

More from CNBC

Lakers governor Jeanie Buss says siblings cannot sell family’s stake to Bob Iger, Joshua Kushner

Sanders proposes bill to stop Social Security benefit garnishment for unpaid student loans

Paramount seeks $1.88 billion bond from state AGs to cover costs of WBD merger delay

Anthropic tells investors annualized revenue run rate climbed to $65 billion in July

More in Business

Lakers governor Jeanie Buss says siblings cannot sell family’s stake to Bob Iger, Joshua Kushner

Fidji Simo says she believes AI can 'cure all diseases,' agreeing with Anthropic CEO Dario Amodei

Sanders proposes bill to stop Social Security benefit garnishment for unpaid student loans

HBO’s ‘DTF St. Louis’: How Cinematographer James Whitaker Created The Visual Style

Paramount seeks $1.88 billion bond from state AGs to cover costs of WBD merger delay

YouTube videos are going to become more popular — without becoming more popular