Lockheed Martin Corporation announced that its board of directors has elected H. Edward "Ed" Paul, III as controller, effective immediately. As controller, Paul will lead the corporation's accounting, government finance, global financial services and financial transformation and systems functions. Paul brings extensive experience partnering with executive management to develop and deploy financial strategies that strengthen Lockheed Martin's financial position, improve performance within existing businesses and expand into new areas.

Paul joined the company in May 2011 and has served as vice president of accounting since March 2015. Prior to joining Lockheed Martin, Paul served in accounting and audit roles at Discovery Communications Inc. and Ernst & Young LLP and is a certified public accountant.