spacetoday.net: space news from around the webin association with SpaceNews

Lockheed Martin incoming CEO resigns
Posted: Sat, Nov 10, 2012, 6:45 AM ET (1145 GMT)
Lockheed Martin The man tapped to be the next CEO of aerospace giant Lockheed Martin abruptly resigned late Friday afternoon after he confirmed he had an affair. Christopher Kubasik, the vice chairman, president, and COO of the company, was to become CEO in January, replacing the retiring Robert Stevens. However, the company said in a statement that Kubasik violated the company's ethics code by having "a close personal relationship with a subordinate employee." Marillyn Hewson, the executive vice president of the company's Electronic Systems unit who was to succeed Kubasik as COO, was named president and CEO on Friday and will become CEO in January. Stevens said the incident was a "temporary distraction" that would not have a long-term effect on the company.
<<previous article   next article>>
news in brief
Atlas launches GPS satellite
Posted: Thu, Oct 30 9:07 AM ET (1307 GMT)

Progress cargo spacecraft sent to ISS
Posted: Thu, Oct 30 8:56 AM ET (1256 GMT)

Antares rocket explodes moments after liftoff
Posted: Wed, Oct 29 8:04 AM ET (1204 GMT)

news links
Thursday, October 30
Rockets Go Boom. Surprised?
Bloomberg News — 6:17 am ET (1017 GMT)


about spacetoday.net   ·   info@spacetoday.net   ·   mailing list