Leadership Transition at Lockheed Martin

In a significant leadership change, Lockheed Martin Corporation revealed on Thursday that Jesus Malave, its Chief Financial Officer (CFO), has decided to step down from his position.

New CFO Appointed

The defense and aerospace giant has swiftly appointed Evan Scott as the new CFO and vice president, with the appointment taking effect immediately. Scott brings 26 years of experience within the company, showcasing a profound understanding of its operations and financial strategies.

Confidence in New Leadership

James Taiclet, Lockheed Martin's Chairman, President, and CEO, expressed strong confidence in Scott's ability to lead the finance organization. "Evan has earned the utmost respect as an experienced finance and operations leader. I am confident he is the right choice to drive our continued growth," Taiclet stated.

Upcoming Financial Disclosure

Amid these changes, Lockheed Martin reassured stakeholders that it remains on track to release its first-quarter financial results as scheduled on April 22.