Ricardo A. Navarro Named Vice President-Corporate Development for Harris Corporation
May 17 2005 - 1:04PM
PR Newswire (US)
Ricardo A. Navarro Named Vice President-Corporate Development for
Harris Corporation MELBOURNE, Fla., May 17 /PRNewswire-FirstCall/
-- Harris Corporation (NYSE:HRS) today named Ricardo A. Navarro as
vice president-corporate development. Navarro, 54, had been senior
vice president-business development and integration for Goodyear
Tire & Rubber Company. Navarro will be responsible for the
identification, negotiations and integration of acquisitions,
divestitures, joint ventures and other alliances of the company. He
will report to Kent Buchanan, vice president-corporate technology
and development, and chief growth officer for Harris. "Rick has an
expansive background and proven track record in development
activities across a broad range of industries, including
manufacturing, high technology, defense and financial services,"
said Howard L. Lance, chairman, president and chief executive
officer. "He has been very effective in leading cross-functional
teams in transactions where post-closing results exceed
expectations for shareholder value, growth and sustainable
competitive advantage. He will be a key player in our growth
initiatives." Prior to joining Goodyear Tire & Rubber, Navarro
was senior vice president of corporate development for Solectron
Corporation, a leading provider of contract electronics
manufacturing services. Previously he served for 10 years as vice
president-corporate development for Honeywell International where
he structured a multibillion dollar series of global transactions
in a broad spectrum of industries, including aerospace,
electronics, distributed power, industrial and marine and
information-based spaces. Prior to joining Honeywell, he served in
M&A and financial positions with Citicorp, Bank of America and
Citibank. He began his career as a structural engineer with
Rockwell International. Navarro was graduated from the University
of California at Los Angeles with a B.S. degree in structural
engineering and received an M.B.A. degree from Stanford
University's Graduate School of Business. Harris Corporation is an
international communications technology company focused on
providing assured communications(TM) products, systems and services
for government and commercial customers. The company's operating
divisions serve markets for government communications, tactical
radio, broadcast, and microwave systems. Harris provides systems
and service to customers in more than 150 countries. Additional
information about Harris Corporation is available at
http://www.harris.com/ . DATASOURCE: Harris Corporation CONTACT:
Tom Hausman of Harris Corporation, +1-321-727-9131, or Web site:
http://www.harris.com/
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