Lockheed’s Incoming CEO Kubasik Quits After Relationship

Lockheed Martin Corp. said its incoming chief executive officer resigned after the company discovered a relationship with a subordinate and named one of its unit heads to the position starting next year.

Christopher E. Kubasik, Lockheed’s chief operating officer who was slated to become CEO on Jan. 1, left following a probe that confirmed a “lengthy, close and personal relationship” with someone who worked for him, current Chairman and CEO Robert Stevens said on a conference call yesterday. The board named Marillyn A. Hewson, who had run Lockheed’s electronic systems business, as president and COO effective immediately. She will become CEO when Stevens, 61, steps down at yearend.