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Lockheed Martin Exec Who Followed Admin Lead on WARN Act Resigns Due to Affair (Coincidence?)
PJ Tatler ^ | November 9, 2012 | Bidget Johnson

Posted on 11/09/2012 2:28:47 PM PST by jazusamo

The CEO-in-waiting of the defense contractor who declined to issue WARN Act layoff notices on the urging of the Obama administration — sequestration-related notices mandated by law that would have gone out just before the election — has resigned, citing an affair.

Christopher E. Kubasik, 51, today resigned from his role as vice chairman, president and chief operating officer (COO), effective immediately, Lockheed Martin announced. Kubasik was set to become CEO in January.

He “resigned after an ethics investigation confirmed that he had a close personal relationship with a subordinate employee. His actions violated the company’s Code of Ethics and Business Conduct, but did not affect the company’s operational or financial performance,” the defense giant said in a statement.

On Oct. 1, Kubasik and Bob Stevens, current chairman and CEO, sent a controversial memo to employees bowing to the administration’s advice to not warn employees of impending sequestration layoffs.

With the 60 days’ notice mandated by the WARN Act, the notices would have gone out at the beginning of November.

“We have been working closely with the government to understand our obligations under the WARN Act and to ensure our employees are provided fair treatment and appropriate notice, if their jobs are impacted by sequestration,” Kubasik and Stevens wrote. “After careful review of the additional guidance provided by the Office of Management and Budget and the Department of Defense, we will not issue sequestration-related WARN notices this year. …If sequestration were to happen, we are compelled to comply with the law and will do so as respectfully and as ably as we can.”

House Armed Services Committee Chairman Buck McKeon (R-Calif.) lashed out at Lockheed for “bowing” to the administration.

“It appears companies will bow to the threat implicit in last week’s OMB guidance; withhold notices today or the government might not cover your court costs down the road,” McKeon said on the day the memo went out. “Let me be clear, neither the OMB guidance nor the Lockheed decision will protect a single defense industry job if sequestration occurs in January.”

Other defense contractors had mixed reactions to the guidance, which the OMB said was provided to “minimize the potential for waste and disruption associated with the issuance of unwarranted layoff notices.”

“General Dynamics has not determined whether we will issue WARN notices to employees as a result of sequestration, because the Defense Department has not informed us of how our programs will be impacted,” Rob Doolittle, staff vice president for communications, told PJM after the Lockheed announcement.

Lockheed Martin immediately elected Marillyn A. Hewson, 58, president of the Electronic Systems business area, to fill Kubasik’s current spot as president and COO and to become CEO in January.

The sequestration, which goes into effect Jan. 2 without “fiscal cliff” action in the lame-duck session, puts more than 2 million jobs at risk.

Virginia, Florida, and Pennsylvania — all swing states either won by Obama or in which he leads — would take the hardest hit with more than 365,000 job losses combined, according to a George Mason University & Chmura Economics and Analytics report.


TOPICS: Business/Economy; Government; Politics
KEYWORDS: lockheedmartin; obama; ratsflee2012; resignation; warnact

1 posted on 11/09/2012 2:28:53 PM PST by jazusamo
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To: jazusamo

What are odds next person will just disappear, be found in a river somewhere? Or be checked in to rehab, never to be seen again. This “affairs” excuse cannot keep being used....


2 posted on 11/09/2012 2:30:50 PM PST by NEMDF
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To: NEMDF

I’m to the point I wouldn’t put anything past Obama and his thugs.


3 posted on 11/09/2012 2:33:18 PM PST by jazusamo ("Intellect is not wisdom" -- Thomas Sowell)
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To: jazusamo

1984 has arrived.


4 posted on 11/09/2012 2:40:18 PM PST by rfp1234 (Arguing with a liberal is like playing chess with a pigeon.)
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To: jazusamo

Maybe he was knockin’ boots with Petraeus?


5 posted on 11/09/2012 2:41:35 PM PST by Joe 6-pack (Que me amat, amet et canem meum)
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To: jazusamo

Without the protection of the customary new administrations looking the other way, they have to all run and hide.

With no Mit win and a long 4 years to investigate, we shall see hundreds that have had affairs soon.


6 posted on 11/09/2012 2:48:08 PM PST by NoLibZone ("When the people find they can vote themselves money, that will herald the end of the republic")
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To: jazusamo

BTTT


7 posted on 11/09/2012 2:49:56 PM PST by onyx (FREE REPUBLIC IS HERE TO STAY! DONATE MONTHLY! IF YOU WANT ON SARAH PALIN''S PING LIST, LET ME KNOW)
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To: jazusamo

Gee, you’d think the odumbo gestapo would at least come up with a different excuse for each liability they want to silence.

FUBO & FAD


8 posted on 11/09/2012 2:52:04 PM PST by RJS1950 (The democrats are the "enemies foreign and domestic" cited in the federal oath)
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Please bump the Freepathon or click above and donate or become a monthly donor!

9 posted on 11/09/2012 2:54:14 PM PST by jazusamo ("Intellect is not wisdom" -- Thomas Sowell)
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To: jazusamo

L-M got two fat contracts the day they buckled.


10 posted on 11/09/2012 2:57:41 PM PST by null and void (The One can steal an election, but no one can steal our country.)
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To: jazusamo

This seems to be the in thing. Just like North Korean officials who didn’t shed enough tears at the death of the Dear Leader all started to die in “car accidents.”


11 posted on 11/09/2012 2:57:47 PM PST by kaehurowing
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To: jazusamo

Without the protection of the customary new administrations looking the other way, they have to all run and hide.

With no Mit win and a long 4 years to investigate, we shall see hundreds that have had affairs soon.


12 posted on 11/09/2012 3:17:24 PM PST by NoLibZone ("When the people find they can vote themselves money, that will herald the end of the republic")
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To: jazusamo

Must be going around


13 posted on 11/09/2012 3:18:49 PM PST by WKB ( Remember "Bush Lied and People Died" Now it's "People died and Obama Lied")
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To: NEMDF
What are odds next person will just disappear, be found in a river somewhere?

Here's a scene from Damien, Omen II. I couldn't find the one where the old gentleman is under the transparent ice banging to get out, but this'll have to do:

Bill goes under

14 posted on 11/09/2012 3:30:13 PM PST by Pearls Before Swine
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To: RJS1950
"Gee, you’d think the odumbo gestapo would at least come up with a different excuse for each liability they want to silence".

Remember what the Russians would say when a "leader" was replaced: He became "ILL".

15 posted on 11/09/2012 3:36:06 PM PST by jaz.357 ( *Luke 6:43-45* Twas Ever Thus!)
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To: jazusamo

bttt


16 posted on 11/09/2012 4:02:37 PM PST by angelsonmyside (Someone please send the Loser in Chief a "President For Dummy's" book.)
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To: jazusamo

Wow! This is classic communist stuff. Crazy. I can’t believe all this crap hitting at once. I wonder who else they have by the short hairs!


17 posted on 11/09/2012 4:04:32 PM PST by Marie Antoinette (:)
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To: jazusamo

No pics, was she as hot as Petraeus squeeze?


18 posted on 11/09/2012 4:09:33 PM PST by nascarnation (Baraq's bankruptcy: 2016)
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To: Marie Antoinette
Agreed, it is classic commie stuff being it's breaking right after the election instead of before, I'd bet we'll be seeing more of it soon.
19 posted on 11/09/2012 4:10:08 PM PST by jazusamo ("Intellect is not wisdom" -- Thomas Sowell)
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To: jazusamo

The article leaves me with the impression that Lockheed did its best to destroy Kubasik because he yielded to political pressure. Perhaps that suggests he was insubordinate to the will of Lockheed, or was just clueless. What was Obama going to do if Kubasik didn’t comply with the OMB request?

Let’s see how Hewson responds to certain pressures.


20 posted on 11/09/2012 4:14:02 PM PST by DirkReynold
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To: jazusamo

Jarrett’s revenge jihad has just begun.


21 posted on 11/09/2012 4:14:29 PM PST by TheRhinelander
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To: NEMDF

Na...Story says “concerned employee” went to HR & current CEO had outside investigator hired.


22 posted on 11/09/2012 4:18:43 PM PST by G Larry (Which of Obama's policies do you think I'd support if he were white?)
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To: All
Another article on this just posted in the LA Times:

Lockheed Martin's incoming CEO resigns; replacement named

23 posted on 11/09/2012 4:25:20 PM PST by jazusamo ("Intellect is not wisdom" -- Thomas Sowell)
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To: jazusamo

Another cock and bull story. Here in the UP of Michigan the story sounds about true as squeezing the buffalo on the indianhead nickel till it passes flatulence!


24 posted on 11/09/2012 4:26:09 PM PST by hondact200 (Candor dat viribos alas (sincerity gives wings to strength) and Nil desperandum (never despair))
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To: jaz.357

Russia just removed a Defense Minister or something for an affair I believe.


25 posted on 11/09/2012 4:28:29 PM PST by Duchess47 ("One day I will leave this world and dream myself to Reality" Crazy Horse)
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To: Big Giant Head

Ping


26 posted on 11/09/2012 4:34:12 PM PST by Marie Antoinette (:)
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To: jazusamo

The real question is:

How did this become known?

More FBI?

Who?


27 posted on 11/09/2012 4:42:15 PM PST by old curmudgeon
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