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Business/Financial

Lockheed Martin Fires Incoming CEO For Alleged Affair With Employee

Defense Daily Staff

Tuesday, November 13th, 2012

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Lockheed Martin CEO Robert Stevens said Friday that his named successor has been fired for allegedly engaging in an affair with a subordinate, and announced a new replacement to run the world’s largest defense firm once he steps down at the end of the year. Chris Kubasik, the vice chairman, president and chief operating officer, complied with a request from Lockheed Martin’s Board of Directors to resign effective immediately for violating the company’s code of conduct, Stevens said. Lockheed Martin…

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