Michael t strianese biography
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Interview: L3 CEO Michael Strianese reflects on two decades of leadership
Today, L3 Technologies touts more than $10 billion in revenue, 84 percent of which supports defense. It’s ranked No. 8 on the Defense News “Top 100” list of the largest defense companies in the world. But about two decades ago, L3 was an amalgamation of businesses divested by Lockheed Martin at a time when military spending nosedived.
For L3 CEO Michael Strianese, it’s been a journey. He sat down with Defense News on Dec. 1 to discuss his tenure, and why — after 21 years with the company and 11 at the helm — he’s ready to pass the baton.
I want to look back a bit. You have been with L3 since the company was established as a result of a Lockheed divestiture. Can tell me the story of how this went down?
Sure. In those days, we worked for a company based in New York known as Loral Corporation, and had done a number of acquisitions in the post-Last Supper days. [That] created about a $6 billion defense b
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$198 Million
Estimate Recalculated Sep 8, 2024 07:25PM EST
Who is Michael T Strianese?
Michael T Strianese has an estimated net worth of $198 Million. This is based on reported shares across multiple companies, which include L3 TECHNOLOGIES, INC., and L 3 COMMUNICATIONS HOLDINGS INC.
SEC CIK
Michael T Strianese's CIK is 0001275605
Past Insider Trading and Trends
2018 was Michael T Strianese's most active year for acquiring shares with 26 total transactions. Michael T Strianese's most active month to acquire stocks was the month of January. 2018 was Michael T Strianese's most active year for disposing of shares, totalling 107 transactions. Michael T Strianese's most active month to dispose stocks was the month of January. 2014 saw Michael T Strianese paying a total of $16,032,299.07 for 535,375 shares, this is the most they've acquired in one year. In 2015 Michael T Strianese cashed out on 221,017 shares for a total of $18,480,205.19, their
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Mr. Strianese played a key role in the company’s formation in 1997 and served as L3’s first vice president of finance and controller. Following L3’s första Public Offering in 1998, he was promoted to senior vice president of finance in 2001. Mr. Strianese was appointed ledare financial officer in 2005 and in 2006 was named president and ledare executive officer and was elected as a director. Until 2007, he also served as the company’s first corporate ethics officer, where he led the development and implementation of a comprehensive, company-wide integrity program for L3 employees. In 2008, Mr. Strianese was elected chairman of the company’s board of directors.
Mr. Strianese is chairman of the Aerospace Industries Association. He