Marillyn A. Hewson named as #Lockheed Martin CEO effective January after board ousts Chris Kubasik. Bob Stevens, current CEO, will remain on board ColinClarkAOL

Chris Kubasik, anointed incoming CEO for #Lockheed Martin, forced to resign after "lengthy and close personal relationship with a subordinate." ColinClarkAOL

WASHINGTON: It is a classic — and sad — Washington story. The most storied general since the Vietnam War, David Petraeus, resigns as director of the CIA late on a Friday afternoon because of an extramarital affair.

Petraeus helped revolutionize the ways in which intelligence was used by the US military and greatly improved cooperation between the intelligence community — as the alphabet soup of agencies such as the CIA, NRO, NSA, DIA, DNI and NGA are known — and the uniformed troops who go into harm’s way. Keep reading →