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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 11, 2007
HARRIS STRATEX NETWORKS, INC.
(Exact name of registrant as specified in its charter)
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Delaware
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001-33278
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20-5961564 |
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(State or other jurisdiction
of incorporation)
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(Commission File
Number)
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(I.R.S. Employer
Identification No.) |
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Address of principal executive offices:
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637 Davis Drive, Morrisville, NC 27560 |
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Registrants telephone number, including area code:
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(919) 767- 3250 |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 5.02. |
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Departure of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain Officers. |
(b) |
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On December 11, 2007 Harris Stratex Networks, Inc. (the Company) announced that Guy
M. Campbell, President and Chief Executive Officer, will retire from his position at the end
of the current fiscal year (June 27, 2008). |
A copy of the related press release is filed as Exhibit 99.1 to this Form 8-K and is incorporated
herein by reference.
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Item 9.01 |
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Financial Statements and Exhibits. |
The following exhibit is furnished herewith:
99.1 |
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Press Release, issued by Harris Stratex Networks, Inc. on December 11, 2007 |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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HARRIS STRATEX NETWORKS, INC.
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December 12, 2007 |
By: |
/s/ Juan Otero
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Name: |
Juan Otero |
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General Counsel and Secretary |
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exv99w1
Exhibit 99.1
Harris Stratex Networks CEO Announces Plans to Retire
RESEARCH TRIANGLE PARK, NC, December 11, 2007 Guy M. Campbell, president and chief
executive officer of Harris Stratex Networks, Inc. (NASDAQ:HSTX) has announced his intention to
retire at the end of the companys current fiscal year (June 27, 2008). The Harris Stratex Board
of Directors has initiated a search for a successor.
Harris Stratex Networks represents the successful combination of two industry leaders and the
creation of the worlds leading wireless transmission provider, said Campbell. Our integration
and cost reduction plans are on track, revenue and orders are improving, and worldwide demand bodes
well for the future of this business. The leadership team is completely focused on delivering the
financial performance we have set forth for the company in fiscal year 2008.
While this past year has been the most exciting and rewarding in my career, I look forward to the
many plans I have for retirement, Campbell added. I intend to remain fully engaged and will help
bring a successor on board and up to speed, in order to make this a smooth transition.
On behalf of the Harris Stratex Networks Board of Directors, and personally, I want to thank Guy
for his leadership in the formation of our new company, said Charles D. Kissner, chairman of
Harris Stratex Networks. Guy successfully led the integration of the former Harris Microwave
Communications Division and Stratex Networks and has established a strong foundation on which his
successor will build.
Campbell, 61, joined Harris Corporation as president of its Microwave Communications Division in
September 2003. He was appointed president and chief executive officer and a director of Harris
Stratex Networks on January 26, 2007, following the combination of the Harris Microwave
Communications Division and Stratex Networks, Inc. Campbell previously served as president and
chief executive officer of Andrew Corporation. Prior to that, he was vice president of Enterprise
Wireless Networks at Ericsson, where he spent 25 years in a number of leadership positions in
engineering, marketing and general management.
Guy has had a long and distinguished career, successfully leading communications technology
companies, said Howard L. Lance, chairman, president and chief executive officer of Harris
Corporation and a director of Harris Stratex Networks. I want to personally thank him for taking
on this key leadership role of forming Harris Stratex Networks. The combination of these two
wireless technology companies has created a market leader that will create significant additional
value for all shareholders. We wish Guy a well deserved retirement with his family.
About Harris Stratex Networks
Harris Stratex Networks, Inc. (NASDAQ: HSTX) is the worlds leading independent supplier of turnkey
wireless transmission solutions. The company offers reliable, flexible and scalable wireless
network solutions, backed by comprehensive professional services and support. Harris Stratex
Networks serves all global markets, including mobile network operators, public safety agencies,
private network operators, utility and transportation companies, government agencies and
broadcasters. Customers in more than 135 countries depend on Harris Stratex Networks to build,
expand and upgrade their voice, data and video solutions. Harris Stratex Networks is recognized
around the world for innovative, best-in-class wireless networking solutions and services. For more
information, visit www.HarrisStratex.com.
# # #
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Investor Contact:
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Media Contact: |
Mary McGowan
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Kami Spangenberg |
Summit IR Group Inc.
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Harris Stratex Networks, Inc. |
408-404-5401
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919-767-5238 |
Mary@summitirgroup.com
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Kami.Spangenberg@HSTX.com |