https://www.live-feeds.com/feed/ousted-l3harris-ceo-chris-kubasik-forfeits-45-million-but-he-ll-still-walk-away-with-80-million-in-stock-and-optionsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/ousted-l3harris-ceo-chris-kubasik-forfeits-45-million-but-he-ll-still-walk-away-with-80-million-in-stock-and-optionshttps://www.live-feeds.com/feed/ousted-l3harris-ceo-chris-kubasik-forfeits-45-million-but-he-ll-still-walk-away-with-80-million-in-stock-and-options#u45086Wed, 19 Aug 2026 05:21:15 +0000Defense contractor L3Harris has removed CEO Chris Kubasik following allegations of misconduct. While Kubasik forfeits $45 million as a result of his departure, he retains $80 million in options and stock. The company's stock price fell 4% following the announcement. L3Harris has not specified the exact nature of the conduct that led to the ousting, but the move reflects a sudden leadership change at the top of the defense firm.Why it mattersL3Harris operates as a major supplier for the defense industry. The removal of a CEO over conduct issues typically triggers scrutiny of corporate gove