Lockheed Martin 2007 Annual Report Download - page 34

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to the extent estimable, see Management’s Discussion and Analysis of Financial Condition and Results of Operations under
the caption “Environmental Matters” beginning on page 39, and Note 14 – Legal Proceedings, Commitments and
Contingencies beginning on page 89 of this Form 10-K.
Like many other industrial companies in recent years, we are a defendant in lawsuits alleging personal injury as a result
of exposure to asbestos integrated into our premises and certain historical products. We have never mined or produced
asbestos and no longer incorporate it in any currently manufactured products. We have been successful in having a
substantial number of these claims dismissed without payment. The remaining resolved claims have settled for amounts that
are not material individually or in the aggregate. A substantial majority of the asbestos-related claims have been covered by
insurance or other forms of indemnity. Based on the information currently available, we do not believe that resolution of
these asbestos-related matters will have a material adverse effect upon the Corporation.
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
No matters were submitted to a vote of security holders during the fourth quarter of 2007.
ITEM 4(a). EXECUTIVE OFFICERS OF THE REGISTRANT
Our executive officers are listed below, as well as information concerning their age at December 31, 2007, positions and
offices held with the Corporation, and principal occupation and business experience over the past five years. There were no
family relationships among any of our executive officers and directors. All officers serve at the pleasure of the Board of
Directors.
Robert J. Stevens (56), Chairman, President and Chief Executive Officer
Mr. Stevens has served as Chairman of the Board since April 2005, Chief Executive Officer since August 2004 and
President since October 2000. He previously served as Chief Operating Officer from October 2000 to August 2004.
James B. Comey (47), Senior Vice President and General Counsel
Mr. Comey has served as Senior Vice President and General Counsel since October 2005. He previously served as
Deputy Attorney General of the United States to oversee all operations of the Department of Justice from 2003 to 2005 and
U.S. Attorney for the Southern District of New York from 2002 to 2003.
Linda R. Gooden (54), Executive Vice President – Information Systems & Global Services
Ms. Gooden has served as Executive Vice President – Information Systems & Global Services since February 2007. She
previously served as Executive Vice President – Information Technology & Global Services from January 2007 to February
2007, Deputy Executive Vice President – Information & Technology Services from October 2006 to December 2006, and
President, Lockheed Martin Information Technology from September 1997 to December 2006.
Ralph D. Heath (59), Executive Vice President – Aeronautics
Mr. Heath has served as Executive Vice President – Aeronautics since January 2005. He previously served as Executive
Vice President and General Manager of the F-22 Program from November 2002 to December 2004.
Christopher E. Kubasik (46), Executive Vice President – Electronic Systems
Mr. Kubasik has served as Executive Vice President – Electronic Systems since September 2007. He previously served
as Chief Financial Officer from October 2001 to August 2007.
Joanne M. Maguire (53), Executive Vice President – Space Systems
Ms. Maguire has served as Executive Vice President – Space Systems since July 2006. She previously served as Vice
President and Deputy of Lockheed Martin Space Systems Company from July 2003 to June 2006 and Vice President, Special
Programs for Lockheed Martin Space Systems Company from March 2003 to July 2003. From January 2000 to March 2003,
Ms. Maguire served as Sector Deputy and Vice President of Business Development for TRW Space & Electronics, an
operating sector of TRW, Inc.
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