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Lance Elected Chairman of Harris

Lance Elected Chairman of Harris

Howard L. Lance was elected chairman of the board of Harris Corp. on Friday. He was named president and CEO of the big communications corporation in January.
He replaces Phillip W. Farmer, who retired as chairman and a director of the company after 21 years at Harris. Also retiring from the Board was Alfred C. DeCrane Jr.
Lance is a former president of NCR Corp. and executive of Emerson Electric Company.
Speaking of his predecessor, Lance said, “Phil led the company through very challenging market conditions in the late 1990s. The restructuring that he envisioned and implemented in 1999 focused Harris on its core capabilities in communications and enabled the company to successfully navigate through a difficult economic environment in which many competitors have failed.”