Lockheed Martin appointed Gulf War veteran and pilot James D. Taiclet, 60, as president and CEO of the company, today.
He succeeds Marillyn A. Hewson, 66, who has served as chairman, president and CEO since 2014 and president and CEO since 2013. Taiclet will continue to serve as a member of the corporation's board, which he joined in 2018. Hewson will become executive chairman of the board and provide ongoing support for the leadership transition.
Taiclet has previously worked as vice president at Pratt & Whitney’s Engine Service, president of Honeywell Aerospace Services and as CEO of American Tower Corporation. He was also previously a consultant at McKinsey & Company, specializing in telecommunications and aerospace strategy and operations.