Business

At a glance: Lockheed exec not the first

By The Associated Press
Published November 9, 2012 11:19pm ET
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Lockheed Martin Corp. announced Friday that it ousted its president and future CEO over a relationship with a subordinate.

The defense company said its board of directors asked for and received the resignation of Christopher Kubasik from his role as vice chairman, president and chief operating officer. He was scheduled to become CEO in January.

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