Lockheed Martin’s Stevens to retire; board elects Kubasik CEO
Submit on Thursday, April 26th, 2012 22:52
Lockheed Martin announced that Chairman and CEO Bob Stevens, 60, informed the board of directors of his plans to retire as CEO after 25 years of service with the company. President and COO Chris Kubasik, 51, will succeed Stevens as CEO effective 1 January 2013. Subject to election by shareholders and approval by the board, Mr. Stevens will remain chairman through January 2014.
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