Harris Corporation Names Phillip W. Farmer To Succeed John T. Hartley as Chairman and CEO, Effective July 1
Mr. Farmer, 56, will succeed John T. Hartley, 65, who is retiring on June 30. Mr. Hartley will continue as a board member and chairman of the board's Executive Committee.
Mr. Farmer joined Harris in 1982 as vice president-general manager of the Government Support Systems Division in the Electronic Systems Sector. He was named vice president of the sector's Palm Bay, Florida operations in 1986 and elected president of the Electronic Systems Sector in 1989.
Mr. Farmer was elected executive vice president of Harris Corporation in June 1991 with responsibility for two of the company's four major business sectors -- Electronic Systems and Semiconductor. At that time he also assumed the position of acting president of the Semiconductor Sector and was responsible for restructuring and returning the business to profitability and positioning it for continuing growth. He was elected president, chief operating officer, and a member of the Board of Directors of Harris Corporation in April 1993.
Commenting on the management transition, Mr. Hartley said: "Phil Farmer is the ideal choice for leading Harris Corporation into the 21st century. His vision and leadership skills have been amply demonstrated. He served as a key member of the management team responsible for the planning and implementation of the Electronic Systems Sector's successful diversification strategy, led the major turnaround and forward momentum of our semiconductor business, and has contributed significantly to the ongoing expansion of the company's overall business. I have every confidence in Phil's ability to capitalize on the exciting opportunities available to Harris in the years ahead."
Prior to joining Harris, Mr. Farmer held technical and management positions with General Electric during a 20-year career with that company. He has a B.S. degree in mathematics from Duke University.
Mr. Hartley's retirement will cap a career of almost 40 years with Harris. He joined the company as a research engineer in 1956, working on advanced engineering programs and business development. In 1964, he was named to head the company's new integrated circuit operation, now the Harris Semiconductor Sector. He was promoted to vice president-general manager of Harris' largest electronics division in 1968 and elected a corporate vice president-group executive in 1971.
Mr. Hartley was elected executive vice president and a member of the Board of Directors of Harris Corporation in 1976. He was elected president in 1978, chief executive officer in 1986, and chairman of the board in 1987.
In a tribute to Mr. Hartley's leadership of Harris, Mr. Farmer said: "Jack has made an outstanding contribution to the growth and success of ourcompany. As the principal architect of our corporate strategy, and through his insistence on the highest standards of quality and customer satisfaction, he has guided Harris to a position of world leadership in the markets weserve. He leaves the legacy of a dynamic, growth-oriented company, and I look forward to the challenge of building further on this success."
Harris Corporation, with worldwide sales of more than $3.3 billion, is focused on four major businesses -- electronic systems, semiconductors, communications, and Lanier Worldwide office systems.
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