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Lockheed Martin Exec Who Followed Admin Lead on WARN Act Resigns Due to Affair
Pajamas Media ^ | 11/12/2012 | Bridget Johnson

Posted on 11/11/2012 5:17:17 PM PST by SeekAndFind

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 were more guarded than Lockheed in their 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 won by President Obama — 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; Crime/Corruption; Culture/Society; Front Page News; US: Florida; US: Pennsylvania; US: Virginia
KEYWORDS: affair; ceo; layoffs; lockheedmartin; sequestration; warn; warnact
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To: CatOwner
Honestly, I cannot recommend LM as a place of employment, at least in California and probably Colorado. I think that Virginia and Valley Forge won’t be hit as hard (gee, the east coast again). Pensions were eliminated 7 years ago. Health insurance options are extremely limited.

Thank you for the reply and the non-recommendation.
I agree with you that there's some rotten stuff going on in the east coast area.

21 posted on 11/11/2012 5:44:02 PM PST by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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I guess they both have enough dirt on the other to cause a stalemate? After the disses at the Clinton’s during the 2008 primary, I would not have believed Hillary would have served under “the One” and Bill would have actively worked for “the One”.


22 posted on 11/11/2012 5:51:42 PM PST by machogirl (First they came for my tagline, it's back. 2008, the Decline of America)
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To: SeekAndFind

Sounds like the Chicago Fascists are blackmailing everyone in their way.


23 posted on 11/11/2012 6:23:57 PM PST by Chickensoup
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To: Campion

Yes, I guess that’s it.


24 posted on 11/11/2012 6:31:01 PM PST by livius
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To: machogirl

with a goat


25 posted on 11/11/2012 6:51:01 PM PST by funfan
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To: SeekAndFind

Herman Caine, Petraeus, and now this guy. See another pattern here?


26 posted on 11/11/2012 7:13:15 PM PST by BerryDingle (I know how to deal with communists, I still wear their scars on my back from Hollywood-Ronald Reagan)
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To: funfan

oh dear.


27 posted on 11/11/2012 8:10:57 PM PST by machogirl (First they came for my tagline, it's back. 2008, the Decline of America)
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To: livius
Bambi is polishing off his opponents.

?

The way I read this, the assclown who resigned HELPED Ubanga by covering for him and doing what Ubanga wanted him to do by not broadcasting that more layoffs were coming.

28 posted on 11/11/2012 8:16:13 PM PST by Lancey Howard
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To: SeekAndFind

My goodness. The Beltway Affair is becoming as dangerous as the Soviet Cold.


29 posted on 11/11/2012 9:16:50 PM PST by bootless ("If we lose freedom here, there is no place to escape to. This is the last stand on Earth."~RWR)
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To: SeekAndFind

Are affairs all the obama administration can come up with to keep people in line?


30 posted on 11/11/2012 9:27:24 PM PST by Terry Mross (No liberal who isn't prepared should be askin' me for help. It won't be pretty.)
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To: Terry Mross

Nah. It’s the public explanation...


31 posted on 11/11/2012 10:27:14 PM PST by bootless ("If we lose freedom here, there is no place to escape to. This is the last stand on Earth."~RWR)
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To: OneWingedShark; CatOwner

Let me add something to this discussion.
ALL defense companies did away with pensions a few years back and switched to 401k’s.

ALL defense companies have basically the same health coverage and co-pays...except for Boeing which if I recall still pays ALL of their medical coverage.

Geography has ZERO to do with what contracts a defense contractor has won. IT services is 90% inside the beltway for ALL defense contractors. All non-IT services related contracts are spread out all over the country.

If you are a software ADA guy you will find work within the defense industry with ANY employer. Take the best deal you can get but don’t expect the dividing line to be healthcare cost or retirement pensions. If you have a pension now, no matter what defense contractor you take a new job with, you will not have a pension at your new place of employment.

Remember, you are an employee but you work for a defense contractor. You are only of use to them on THAT speficic contract. Whne that contract is over you might find another job within that same company and stay with them....or you might continue working on the same contract but for the contractor that wins the re-bid. Point is you are working for a hired gun and that makes you a hired gun. Don’t expect loyalty or some long term job security. This isn’t like working for a mom and pop company that makes cupcakes....it is about slim profit margins....award fees and tremendous pressure to meet deadlines, manage contracts and programs and produce results. When that isn’t happening the company is loosing award fee $ and contracts are lost and PM’s are fired. The constant threat of layoff inside defense is what causes engineers to tell their kids to stay away from A&D.

Yes I work for one of the larger defense contractors.


32 posted on 11/11/2012 10:46:38 PM PST by superfries
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To: SeekAndFind

Petraius and now Kubasik, big time players for Boma’s image and political intents. There have so many prominent people on the support list for Obama it should make the populace suspicious there is more secret/confidential in dark places. I would guess that high military and politicians have secret files. It should be recalled that Obama won his Illinois Senate seat by outing ‘dirt’ on his Republican opponent so such is not a new trick by Obama and his enablers.


33 posted on 11/11/2012 10:47:02 PM PST by noinfringers2
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To: SeekAndFind; randita
Virginia, Florida, and Pennsylvania — all swing states won by President Obama — would take the hardest hit with more than 365,000 job losses combined, according to a George Mason University & Chmura Economics and Analytics report.

Ping!

34 posted on 11/11/2012 11:49:51 PM PST by brityank (The more I learn about the Constitution, the more I realise this Government is UNconstitutional !!)
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To: SeekAndFind

35 posted on 11/11/2012 11:56:43 PM PST by Liberty Valance (Keep a simple manner for a happy life :o)
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To: SeekAndFind
Virginia, Florida, and Pennsylvania — all swing states won by President Obama — would take the hardest hit with more than 365,000 job losses combined, according to a George Mason University & Chmura Economics and Analytics report.

Ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha!

Industrial strength Schadenfreude!

Half of the US electorate is of below average IQ...

36 posted on 11/12/2012 12:17:48 AM PST by publius911 (Formerly Publius 6961, formerly jennsdad)
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To: SeekAndFind

” 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.”

He resigns because of an affair and not breaking the law. I see.


37 posted on 11/12/2012 1:24:18 AM PST by lowbridge (Joe Biden: "Look, the Taliban per se is not our enemy.")
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To: SeekAndFind

So, Obama offered to pay for legal fees, with OUR money, until after the election, and just like Petraues, he was outed AFTER the election when they weren’t needed Anymore!


38 posted on 11/12/2012 3:40:10 AM PST by Ann Archy ( ABORTION...the HUMAN Sacrifice to the god of Convenience.)
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To: machogirl

Hillay’s a switch hitter or maybe a straight lesbian.


39 posted on 11/12/2012 3:41:02 AM PST by Ann Archy ( ABORTION...the HUMAN Sacrifice to the god of Convenience.)
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To: Lancey Howard

Well, Petra=ASS ALSO helped Obama when he came out and said iit was the VIDEO in Benghazi!!! THAT”S when I KNEW etra-ASS was DIRTY AS SIN!!


40 posted on 11/12/2012 3:43:35 AM PST by Ann Archy ( ABORTION...the HUMAN Sacrifice to the god of Convenience.)
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