Lockheed Martin Space EVP Rick Ambrose to retire March 1, 2022; successor search underway

LOCKHEED MARTIN CORP

Richard F. Ambrose, EVP of Lockheed Martin Space, to retire on March 1, 2022 after 20+ years.
Ambrose will remain in current role until successor is announced, then serve as strategic advisor.
Ambrose oversaw $11B Space portfolio providing advanced technology for national security and civil customers.
CEO James Taiclet thanked Ambrose for contributions; succession process underway.

item 5.02 item 9.01

Executive movements

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Departed

Richard F. Ambrose

Executive Vice President of the Corporation’s Space business segment

LMT · LOCKHEED MARTIN CORP

Effective: 2022-03-01
Filed: October 7, 2021, 7:59 PM ET

On October 7, 2021, Lockheed Martin Corporation (“Lockheed Martin” or the “Corporation”) announced that Richard F. Ambrose, Executive Vice President of the Corporation’s Space business segment, has decided to retire from the Corporation on March 1, 2022.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Richard F. Ambrose departed as Executive Vice President of the Corporation’s Space business segment at LOCKHEED MARTIN CORP.

Action: decided to retire
Role: Executive Vice President of the Corporation’s Space business segment

Exact text from the filing

On October 7, 2021, Lockheed Martin Corporation (“Lockheed Martin” or the “Corporation”) announced that Richard F. Ambrose, Executive Vice President of the Corporation’s Space business segment, has decided to retire from the Corporation on March 1, 2022.

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Source: SEC EDGAR

accession 0000936468-21-000091

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