ULA President and CEO Tory Bruno steps down [Yahoo! Finance]
Lockheed Martin Corporation (LMT)
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Source: Yahoo! Finance
ULA President and CEO Tory Bruno has resigned as of Monday to “pursue another opportunity,” according to a shared statement from the board chairs from Lockheed Martin and Boeing, which share a 50% ownership of the rocket company. “We are grateful for Tory's service to ULA and the country, and we thank him for his leadership,” reads the statement from ULA Lockheed Martin Board Chair Robert Lightfoot and ULA Boeing Board Chair Kay Sears. Taking his place in an interim role will be John Elbon. “We have the greatest confidence in John to continue strengthening ULA's momentum while the board proceeds with finding the next leader of ULA,” the statement reads. Bruno came into the role in 2014 from Lockheed Martin, where he had worked as an engineer before moving into corporate leadership roles. He took the ULA job during a period where it saw increased competition from SpaceX and had to shepherd ULA through rounds of layoffs. As SpaceX continued to see success and carve into what
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- 10/21/25 - Beat
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