Washington, DC - Oct 13, 2008 - Janet McGregor will join the National Association of Broadcasters on Nov. 3 as chief operating and financial officer. McGregor will oversee the financial operations and investments for the advocacy group, and will also be responsible for several NAB departments: Conventions and Business Operations, Science and Technology, Information Technology and Administration. She will also assist in helping the Television and Radio departments grow membership.

Prior to joining the NAB, McGregor worked for 26 years at Lockheed Martin, most recently as president and chief executive officer of the Lockheed Martin Investment Management Company. In that role, she oversaw the investment of Lockheed's pension assets. Prior to that, she served as vice president and treasurer for the aerospace and defense corporation.

The expansion of the position to include overseeing operations is part of a strategic restructuring Rehr and the NAB Executive Committee have initiated. In 1979, McGregor started her career in the treasurers' organization of the Martin Marietta Corporation, which later merged with Lockheed Martin. In 1992 she was named treasurer of Martin Marietta and in 1996 McGregor was named to an operating position as vice president of finance (CFO) for Lockheed Martin's Electronics Sector. In 1999 she returned to the corporate staff as vice president and treasurer for the company.