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Lockheed Martin Incoming CEO Christopher Kubasik resignation

Christopher Kubasik, the president of Lockheed Martin who was slated to become CEO in January, was asked to resign by the company’s board of directors after an ethics investigation found that Kubasik had been involved in an improper and intimate relationship with one of his employees.

This type of intimate relationship with one’s subordinate is a violation of Lockheed Martin’s code of ethics and business conduct.

Several other high-profile executives have recently resigned after being caught engaging in improper relationships with employees or contractors.

In April 2012, former Best Buy CEO Brian Dunn resigned after having an intimate relationship with a subordinate, and in 2010 former Hewlett-Packard CEO Mark Hurd resigned after allegations surfaced that he had sexually harassed a former marketing contractor.

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Lockheed Martin Incoming CEO Christopher Kubasik resignation
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