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Business/Financial

Lockheed Martin Elects Kubasik To New Position On Board of Directors

By Cal Biesecker

Friday, June 29th, 2012

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Lockheed Martin [LMT] yesterday said its board of directors unanimously voted to establish the new position of vice chairman, electing President and Chief Operating Officer Christopher Kubasik as a board member and vice chairman, effective immediately. “Our board will benefit from Chris’ expertise and strategic vision, and his participation as vice chairman will further prepare him for his responsibilities to the board as CEO,” said Douglas McCorkindale, Lockheed Martin’s lead director. Robert Stevens, Lockheed Martin chairman and CEO, said, “Adding…

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