Harris moves to add two to board

By Marjorie Censer / September 1, 2016 at 10:26 AM

Harris said this week former Boeing executive James Albaugh has been appointed to its board of directors, effective today. Additionally, Roger Fradin, a Honeywell executive, has been nominated for election to the board.

The election will be held Oct. 28.

Both board seats are a result of the process by which Harris and JANA Partners, one of its larger shareholders, identified "two mutually acceptable individuals independent of JANA to be added as independent directors to the Harris Board." The company announced the agreement earlier this summer.

Albaugh is a senior adviser to Perella Weinberg Partners. He spent 37 years at Boeing, including leading the commercial airplane business, the integrated defense systems business and the space and communications unit.

Fradin is vice chairman of Honeywell International and previously was chief executive of Honeywell's automation and controls business.