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Lockheed Martin has ousted its president and future CEO over a relationship with a subordinate.
Lockheed Martin says an ethics investigation confirmed that he had a close personal relationship with a subordinate employee. That violates the company's code of ethics and business conduct.
Kubasik joins a roster of high-ranking executives who have exited their posts in recent years over the fallout from ill-advised relationships.
Mark Hurd resigned from his post as CEO of Hewlett-Packard Co. in 2010, a few weeks after the company launched a probe into allegations that he sexually harassed a former marketing contractor. The investigation uncovered no merits to the claims, however it was discovered through the course of the probe that Hurd falsified some reports to disguise expenses he incurred for meals and travel with the woman. Meanwhile, news broke Friday that CIA Director David Petraeus had resigned over an extramarital affair.
Among them, former Best Buy CEO Brian Dunn, who resigned from the retailer in April after an investigation found he violated company policy by having an inappropriate relationship with a female employee.
Originally posted by MDDoxs
reply to post by Lonewulph
Perhaps if he had focused on work more, instead of chasing tail, some of the lower leveled functionaries would not be losing their jobs.
edit on 11-11-2012 by MDDoxs because: (no reason given)
Lockheed Martin's board elected the executive vice president of its electronics systems business to take Kubasik's role. Marillyn A. Hewson, 58, will be president, chief operating officer and a director. She takes over as CEO in January. Hewson joined the company in 1983. She will also keep her current role in the electronics systems business until the end of this year.
I fixed the typo for you.
Originally posted by Lonewulph
It could seem, as we approach the end of the [color=C2FF9E]fear-mongering gullible's inaccurate translation which claims that there is some sort of a 'dooms day Mayan calendar',
I seriously doubt that. The fact that it may seem as if more people are getting caught, is no sign whatsoever that there are more affairs being committed. It is no secret that over the years, there have been many old rich guys in powerful positions, who were banging their secretary.
Originally posted by Lonewulph
everybody is scrambling to come out in the open and score that final roll-in-the-hay with the one they've always secretly admired.
Even if it means risking the elite position, pay, and benefits.....
arillyn A. Hewson, 58, will be president, chief operating officer and a director. She takes over as CEO in January. Hewson joined the company in 1983. She will also keep her current role in the electronics systems business until the end of this year.
Originally posted by MDDoxs
Edit: Looks like my pyramids wont show up in the post due to formatting issues, but i think they still illustrate what i am trying to get across.edit on 11-11-2012 by MDDoxs because: (no reason given)
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