NEW YORK--(BUSINESS WIRE)--Jul. 14, 2009--
L-3 Communications (NYSE:LLL) announced today that Lewis Kramer has been
elected to its board of directors. He will also serve on the board’s
Audit Committee. Following this election, the company’s board has nine
members, eight of whom are non-employee directors.
Mr. Kramer, age 61, completed a nearly 40-year career at Ernst & Young
before retiring in June 2009. A partner since 1981, he most recently
served as the Global Client Service Partner for worldwide external audit
and all other services for major clients including Verizon
Communications. He previously was Ernst & Young’s National Director of
Audit Services and served on the firm’s United States Executive Board.
“Lew Kramer’s broad-based experience in global finance, governance and
strategy make him an outstanding addition to our board,” said Michael T.
Strianese, L-3’s chairman, president and chief executive officer.
A graduate of Bernard Baruch College, Mr. Kramer also attended the
Advanced Management Program of the Harvard Business School. Among other
affiliations, Mr. Kramer serves on the board of the New York March of
Dimes and is the president of United Neighborhood Houses, a
not-for-profit organization. He also remains active with the Baruch
College Audit Advisory Group.
Headquartered in New York City, L-3 Communications employs over 66,000
people worldwide and is prime contractor in aircraft modernization and
maintenance, C3ISR (Command, Control, Communications,
Intelligence, Surveillance and Reconnaissance) systems and government
services. L-3 is also a leading provider of high technology products,
subsystems and systems. The company reported 2008 sales of $14.9 billion
To learn more about L-3, please visit the company's Web site at www.L-3com.com.
L-3 uses its Web site as a channel of distribution of material company
information. Financial and other material information regarding L-3 is
routinely posted on the company’s Web site and is readily accessible.
Safe Harbor Statement Under the Private Securities Litigation Reform
Act of 1995
Except for historical information contained herein, the matters set
forth in this news release are forward-looking statements. Statements
that are predictive in nature, that depend upon or refer to events or
conditions or that include words such as “expects,” “anticipates,”
“intends,” “plans,” “believes,” “estimates,” “will,” “could” and similar
expressions are forward-looking statements. The forward-looking
statements set forth above involve a number of risks and uncertainties
that could cause actual results to differ materially from any such
statement, including the risks and uncertainties discussed in the
company’s Safe Harbor Compliance Statement for Forward-looking
Statements included in the company’s recent filings, including Forms
10-K and 10-Q, with the Securities and Exchange Commission. The
forward-looking statements speak only as of the date made, and the
company undertakes no obligation to update these forward-looking
statements.
Source: L-3 Communications Corporation
L-3 Communications
Corporate Communications
212-697-1111
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