CEO-in-waiting Christopher Kubasik has resigned after violating company ethics due to a close...

|By:, SA News Editor

CEO-in-waiting Christopher Kubasik has resigned after violating company ethics due to a close personal relationship with a subordinate, Lockheed Martin (LMT) says. The board has tapped Marillyn Hewson to replace him as president and COO, and to become CEO on Jan. 1. LMT -0.7% AH.