Thursday, June 24, 2010

Lockheed Martin Elects Thomas J. Falk to Board of Directors

Lockheed Martin Elects Thomas J. Falk to Board of Directors
June 24, 2010

BETHESDA, Md., -The Lockheed Martin (NYSE: LMT) board of directors has elected Thomas J. Falk, Kimberly-Clark Corporation (NYSE: KMB) Chairman and Chief Executive Officer, to its board, effective tomorrow.

Earlier in his 27-year career at Kimberly-Clark, Falk, 52, held finance, strategy and management positions before being appointed CEO in 2002 and Chairman in 2003. Before joining Kimberly-Clark in 1983, Falk was with the accounting firm of Alexander Grant & Co.

Falk currently serves on the boards of Catalyst and the University of Wisconsin Foundation. Additionally, he is a national governor of the Boys and Girls Clubs of America.

He received his bachelor's degree in accounting from the University of Wisconsin in 1980 and earned a master of science degree in management as a Sloan Fellow at the Stanford University Graduate School of Business in 1989.

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