6 votes

Lockheed Martin's new CEO resigns; 'improper relationship' with female subordinate

Lockheed Martin's new CEO resigns before he can start after investigation discovers an 'improper relationship' with female subordinate.

The incoming CEO of Lockheed Martin announced his resignation Friday after admitting to an improper relationship with a subordinate.

Kubasik, 51, was the defense contractor's chief operating officer and was slated to take over current-CEO Bob Steven's position in January.

However an internal investigation revealed he was having an improper relationship with a female employee - the circumstances of which was not disclosed.

'While I am deeply disappointed and saddened by Chris’ actions, which have been inconsistent with our values and standards, our swift response to his improper conduct demonstrates our unyielding commitment to holding every employee accountable for their actions,' Stevens told Forbes.

Lockheed Martin issued a statement noting that Kubasik's 'close personal relationship with a subordinate employee' violated the company's code of ethics and business conduct.


Trending on the Web

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Are we sure this isn't like

Are we sure this isn't like Petraeus's golden parachute?

Southern Agrarian

Make love, not war! ;-)

Make love, not war! ;-)

This only means that...

the young lady won't be "suicided" later..fearing that she would tell some secrets, it would by the only option by "The Company". They are tying-up loose ends now.

Silence isn't always golden....sometimes it's yellow.

"The liberties of a people never were, nor ever will be, secure, when the transactions of their rulers may be concealed from them." - Patrick Henry

That was my first thought

Like, uh-oh. She is depressed and is going to "kill herself" now...hope she stays safe

"I am Troll fighter, number one"