L3Harris Elects Goodyear Tire & Rubber Company Finance VP Christina L. Zamarro to Board of Directors

Rhea-AI Summary

L3Harris Technologies (NYSE:LHX) has elected Christina L. Zamarro to its Board of Directors, expanding the board to 14 members. Zamarro, formerly Vice President of Finance and Treasurer at Goodyear, brings extensive experience in finance, strategy, and risk management. She is known for overseeing significant transactions, including Goodyear’s $2.8 billion acquisition of Cooper Tire. Her expertise in capital markets and strategic planning is expected to bolster L3Harris's efforts in expanding its global market presence as a leader in the defense industry.

Positive

• Addition of Christina L. Zamarro is expected to enhance financial leadership within L3Harris.
• Zamarro's experience in mergers and acquisitions could positively impact L3Harris's strategic initiatives.

Negative

• None.

MELBOURNE, Fla.--(BUSINESS WIRE)-- L3Harris Technologies (NYSE:LHX) today announced that Christina L. Zamarro, Vice President, Finance and Treasurer at The Goodyear Tire & Rubber Company, has been elected to its Board of Directors. Her addition expands the L3Harris Board to 14 members.

“Christina is a strong finance leader with experience in strategy, business operations, mergers and acquisitions, capital markets and international transactions,” said Christopher E. Kubasik, Chair and CEO. “Her professional background and skillsets will be tremendous assets as we continue to expand our global market presence and reposition our company as a Trusted Disruptor within the defense industry.”

Zamarro, 50, oversees Goodyear’s global treasury, strategic planning & analysis, risk management and investor relations functions. She is responsible for the company’s capital allocation management, including Goodyear’s global debt and pension asset portfolios. Additionally, Zamarro led the company’s $2.8 billion acquisition and financing of Cooper Tire in 2021.

Zamarro joined Goodyear in 2007 and has held key roles in strengthening the company’s financial position, including Assistant Treasurer, Capital Markets and Risk Management, where she was responsible for Goodyear’s global capital markets, creditor relations, risk management and pension asset management. In 2014, she was named Vice President, Investor Relations, and in 2018 added responsibility for Goodyear’s Financial Planning & Analysis function. Prior to Goodyear, she held finance positions at Ford Motor Company.

Zamarro earned a bachelor’s degree in economics from Ohio Wesleyan University and a master’s degree in business administration from Vanderbilt University’s Owen Graduate School of Management.

“I am excited to join L3Harris’ Board of Directors as the company continues its strategy to rapidly introduce innovative new technologies and to help transform the defense industry both domestically and internationally,” said Zamarro. “I look forward to serving on an already strong Board made up of members with diversified backgrounds and broad industry and functional experience.”

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About L3Harris Technologies

L3Harris Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers’ mission-critical needs. The company provides advanced defense and commercial technologies across space, air, land, sea and cyber domains. L3Harris has approximately $17 billion in annual revenue and 47,000 employees, with customers in more than 100 countries. L3Harris.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220721005877/en/

Jim Burke

Media Relations

Jim.Burke@L3Harris.com

321-727-9131

Source: L3Harris Technologies

FAQ

What is the significance of Christina L. Zamarro joining L3Harris's Board of Directors?

Christina L. Zamarro's addition to L3Harris's Board is significant as she brings expertise in finance and strategic planning, which is expected to reinforce the company’s operations and market expansion.

What experience does Christina L. Zamarro have that will benefit L3Harris (LHX)?

Zamarro has extensive experience in finance, risk management, and mergers and acquisitions from her time at Goodyear, which will benefit L3Harris in strategic initiatives and market positioning.

How many members are on L3Harris's Board of Directors after Zamarro's election?

After Christina L. Zamarro's election, L3Harris's Board of Directors now consists of 14 members.

When was Christina L. Zamarro elected to L3Harris's Board?

Christina L. Zamarro was elected to L3Harris's Board of Directors on the date of the press release, which was announced on July 21, 2022.