Lockheed adds new board member

Lockheed Martin has added Debra Reed-Klages, a retired energy infrastructure company chief executive, to its board of directors, effective Nov. 1.

Reed-Klages retired in December 2018 from Sempra Energy after more than four decades with the company, finishing up as executive chairwoman, according to a Lockheed statement.

"Debra brings a demonstrated track record of global business leadership and extensive experience in risk management and environmental and sustainability strategies," Marillyn Hewson, Lockheed's chief executive, said in the statement. "Her unique experiences and her focus on technology and innovation will bring valuable perspectives to our board."

Reed-Klages is also a board member of Chevron, Caterpillar Inc. and State Farm Mutual, according to Lockheed.