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The Boston Globe

Business

Lockheed Martin ousts incoming CEO over relationship

Company president Christopher Kubasik was scheduled to become CEO in January

BETHESDA, Md. (AP) — Lockheed Martin Corp. has ousted its president and future CEO over a relationship with a subordinate.

The defense company said Friday that its board of directors asked for and received the resignation of Christopher Kubasik from his role as vice chairman, president and chief operating officer.

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