The Board of Directors of Lockheed Martin has elected James D. Taiclet as President and CEO, effective June 15.
Taiclet will continue to serve as a member of the corporation’s board, which he joined in 2018. He has served as Chairman, President and CEO of American Tower Corporation since 2004 and CEO since 2003. During that time, American Tower grew significantly and increased its market capitalization from approximately US$2 billion to approximately US$100 billion.
Taiclet will succeed Marillyn A. Hewson, who has served as Chairman, President and CEO since 2014 and President and CEO since 2013. Hewson will become executive Chairman of the board, also effective June 15, subject to her re-election to the board by the stockholders at the upcoming annual meeting.
