Lockheed’s Incoming CEO Resigns, citing ‘a close personal relationship with a subordinate employee’
Lockheed’s Incoming CEO Resigns - Capital Business Blog
Bethesda-based contracting giant Lockheed Martin said incoming chief executive Christopher E. Kubasik has resigned because of a “close personal relationship with a subordinate employee” and Marillyn A. Hewson, who was in line to become president and chief operating officer, will become chief executive.
Kubasik, Lockheed’s chief operating officer and president, was expected to take over leadership of the company from Robert J. Stevens on Jan. 1.
The company said Friday that it asked for his resignation after “an ethics investigation confirmed that he had a close personal relationship with a subordinate employee.”