Harris Corporation Announces Retirement of Bryan R. Roub; Gary L. McArthur Named Chief Financial Officer
February 28 2006 - 8:30AM
PR Newswire (US)
MELBOURNE, Fla., Feb. 28 /PRNewswire-FirstCall/ -- Harris
Corporation (NYSE:HRS) today announced that Bryan R. Roub, 64,
senior vice president and chief financial officer, will retire from
the company June 30, 2006. Gary L. McArthur, 45, has been appointed
vice president and chief financial officer, replacing Roub
effective March 1. McArthur was previously vice president- Finance
and Treasurer for Harris. "I'm extremely grateful for Bryan's
contributions to Harris during his 22 years of service,
particularly during the past three years in which the company has
experienced unprecedented growth," said Howard L. Lance, chairman,
president and chief executive officer. "He has been one of my
closest advisors and has worked alongside of Gary over the past
year to ensure a smooth management transition. Bryan's leadership
has been truly outstanding, and he has developed a world-class
financial organization. "Gary has a broad background in finance,
accounting, mergers and acquisitions, and operations," Lance said.
"He has a proven track record and has earned the respect of the
company's corporate and division organizations. He will serve the
interests of our company and shareholders very well as CFO."
McArthur joined Harris in 1997 as director-Corporate Development
and was promoted to vice president-Corporate Development in 2000.
During the following five years he was responsible for mergers and
acquisitions, venture capital investments, product line management
initiatives and restructuring actions. In 2005 he was named vice
president-Finance and Treasurer, with responsibility for division
controllers and their organizations as well as the treasury and tax
functions. Prior to joining Harris, he was chief financial officer
for 3D/EYE, Inc. Previously, he was executive director-Mexico for
Nextel Communications, Inc., where he was responsible for Nextel's
operations and corporate development in Mexico. Prior to this, he
was an investment banker for Lehman Brothers, Inc., and held
finance and accounting positions at Cellcom Corporation, and
Deloitte & Touche. McArthur has a bachelor's degree in
accounting from the University of Utah and an M.B.A. from the
Harvard Graduate School of Business. He is also a Certified Public
Accountant. Harris is an international communications and
information technology company serving government and commercial
markets in more than 150 countries. With headquarters in Melbourne,
Florida, the company has annual sales of over $3 billion and more
than 13,000 employees -- including 5,500 engineers and scientists
-- dedicated to the development of best-in-class assured
communications(TM) products, systems, and services. The company's
operating divisions serve markets for government communications, RF
communications, broadcast communications, and microwave
communications. Additional information about Harris Corporation is
available at http://www.harris.com/ . DATASOURCE: Harris
Corporation CONTACT: Pam Padgett, Harris Investor Relations,
+1-321-727-9383, or , or Brent Dietz, Harris Media Relations,
+1-321-724-3554, or Web site: http://www.harris.com/
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