Trump’s Defense Pick to Forfeit Unvested Options If Confirmed
- Mattis would recuse himself for year on General Dynamics deals
- Retired marine general set for confirmation hearing Thursday
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Retired Marine General James Mattis will step down from his board position at General Dynamics Corp. and give up unvested equity awards if confirmed as President-elect Donald Trump’s defense secretary, according to a letter submitted to the Defense Department’s ethics lawyer.
In a letter dated Jan. 5 and made public Saturday, Mattis said he would resign from the board and temporarily recuse himself from matters related to the company, the fifth-biggest U.S. defense supplier with $10 billion in contracts last year.