Lockheed CEO to retire
Posted: Tue, Mar 2, 2004, 10:59 AM ET (1559 GMT)
Lockheed Martin announced late Monday that Vance Coffman, who had been the CEO of the company for seven years, will retire this summer, with the current president and COO tapped to succeed him. Coffman, who joined Lockheed in 1967 as a guidance and control systems analyst, had been CEO of the company since August 1997 and chairman since April 1998. Coffman will step down as CEO in early August, but will remain chairman of the board until April 2005. Coffman had been expected to remain as CEO for at least the next 18 months, but decided after spending time with his family over the holidays to step down, the Washington Post reported Tuesday; Coffman was persuaded to remain as CEO until this summer to create a transition period for his successor. Coffman will be succeeded by Robert Stevens, the current president and chief operating officer of the company; he will retain the title of president after becoming CEO.
Lockheed Martin announced late Monday that Vance Coffman, who had been the CEO of the company for seven years, will retire this summer, with the current president and COO tapped to succeed him. Coffman, who joined Lockheed in 1967 as a guidance and control systems analyst, had been CEO of the company since August 1997 and chairman since April 1998. Coffman will step down as CEO in early August, but will remain chairman of the board until April 2005. Coffman had been expected to remain as CEO for at least the next 18 months, but decided after spending time with his family over the holidays to step down, the Washington Post reported Tuesday; Coffman was persuaded to remain as CEO until this summer to create a transition period for his successor. Coffman will be succeeded by Robert Stevens, the current president and chief operating officer of the company; he will retain the title of president after becoming CEO.
Related Links:
| <<previous article | next article>> |
|
news in brief
|
|
|
|
news links
|
|
Thursday, June 4
Europe advances Pu-238 supply chain for deep space
ESA — 5:43 am ET (0943 GMT) SpaceX Launches 24 Starlink Satellites from Vandenberg SFB Wednesday Morning
Santa Barbara (CA) Edhat — 5:42 am ET (0942 GMT) U.S. Space Force to build new facility, move acquisition unit and expand officer training course in Colorado, lawmaker says
Aerospace America — 5:39 am ET (0939 GMT) Hatcher takes command at Space Forces Korea
US Space Force — 5:38 am ET (0938 GMT) France opens Space Command to Japanese officer as ties deepen under new road map
Japan Times — 5:38 am ET (0938 GMT) |
