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By Garrett Reim2021-01-29T23:33:00+00:00
Lockheed Martin’s board of directors has elected its president and chief executive James Taiclet to an additional role, chairman of the board, starting 1 March.
Former chief executive and current executive chairman Marillyn Hewson plans to retire from the board, the company said on 29 January. Hewson stepped down from her former role as chief executive in June 2020.
Source: Lockheed Martin
Chief executive James Taiclet and executive chairman Marillyn Hewson
“Marillyn provided leadership that helped us to implement a smooth and successful transition,” Taiclet says. “As a result, we were able to accomplish strong financial and operational performance in 2020 and shape a vision for how we will support our nation and allies to meet the heightened threats of the 21st century.”