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World Print edition: 2020-03-17

Lockheed Martin names new CEO

Published Updated

Lockheed Martin named James Taiclet as chief executive of the world's biggest defense company to replace Marillyn Hewson, the company announced Monday. Taiclet, 59, a board member at Lockheed since 2018, has most recently led the real estate investment trust American Tower, previously working as Honeywell and serving in the United States Air Force, where he served a tour of duty during the Gulf War.

He will begin as CEO on June 15. Hewson, 66, among the most prominent female CEOs, will serve as executive chairman, subject to her reelection at the upcoming annual meeting.

Copyright Agence France-Presse, 2020

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