Lockheed CFO to move to electronics unit

Christopher Kubasik will take the helm of a main operating unit, while aeronautics executive Bruce Tanner will replace him as the new finance chief.

August 10 2007: 1:30 PM EDT

NEW YORK (Reuters) -- Lockheed Martin Corp. said on Friday its chief financial officer will take up the leadership of one of the company's main operating units, and be replaced as CFO by the finance chief of its plane building unit.

Under the changes, effective Sept. 1, current CFO Christopher Kubasik will lead Lockheed's electronic systems business area, succeeding Robert Coutts, who is retiring.

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Bruce Tanner, currently vice president of finance at Lockheed's aeronautics unit, will replace Kubasik as CFO. Top of page

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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2012 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2012 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2012. All rights reserved. Most stock quote data provided by BATS.
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