The April 17 announcement from Harris Corporation (NYSE: HRS - News) that Tim Thorsteinson has been named president of the company's Broadcast Communications Division could also be interpreted that Mr. Thorsteinson's predecessor, Jeremy C. Wensinger has been kicked upstairs in a senior leadership position within the Harris Government Communications Systems Division to make way for Tim.
That is my take, reading between the lines of the release: "Tim is well known and highly respected within the broadcast industry," said Howard L. Lance, chairman, president and chief executive officer of Harris. "His appointment comes at an exciting time for Harris and the industry as the transition to digital technologies continues to accelerate. He has a proven track record of operational success within the industry and a vision that will keep Harris at the cutting edge of product innovation and customer responsiveness. He inherits a broadcast organization that has achieved excellent forward momentum over the past two years under the leadership of Jeremy Wensinger."