Lockheed Martin (LMT) CFO Kenneth Possenriede to Retire

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Lockheed Martin Announces Chief Financial Officer Transition

August 3, 2021 5:25 PM EDT

BETHESDA, Md., Aug. 3, 2021 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) announced today that Chief Financial Officer (CFO) Kenneth R. Possenriede has decided to retire immediately due to personal reasons. John W. Mollard, vice president and treasurer, has been appointed acting CFO, effective immediately. In his almost four decades at Lockheed Martin, Mollard has held several positions of increasing responsibility within the Finance and Business Operations team,... More