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During the failed effort of Lockheed Martin to buy Aerojet Rocketdyne late last year, it appears Aerojet’s executive chairman, Warren Lichtenstein, made improper public and private attempts to enlist others to replace the company’s CEO, Eileen Drake, even though the board had not authorized a search for a new CEO and had in fact issued a memo telling Lichtenstein not to look for one.
Yesterday a formal investigation [pdf] came to that conclusion, and reprimanded Lichtenstein for those actions…..
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