Harris Corp. (HRS) Tops Q4 EPS by 1c

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Harris Corp. (HRS), JANA Partners Enter Agreement Over Director Appointments

August 2, 2016 6:41 AM EDT

Harris Corporation (NYSE: HRS) and JANA Partners announced an agreement for the future appointment of two new mutually agreed independent directors to the Harris Board of Directors. Both individuals will be included in Harris slate of directors nominated for election at the companys 2016 Annual Meeting. JANA is currently one of the companys top ten largest shareholders.

Commenting on the agreement with JANA, Harris Chairman, President and CEO William M. Brown said, We have an ongoing dialog with our shareholders and welcome their input. At Harris, we have a long history of strong corporate... More