Lockheed Martin Management
Management criteria checks 3/4
Lockheed Martin's CEO is Jim Taiclet, appointed in Jun 2020, has a tenure of 4.5 years. total yearly compensation is $22.81M, comprised of 7.7% salary and 92.3% bonuses, including company stock and options. directly owns 0.021% of the company’s shares, worth $23.94M. The average tenure of the management team and the board of directors is 4.3 years and 5.1 years respectively.
Key information
Jim Taiclet
Chief executive officer
US$22.8m
Total compensation
| CEO salary percentage | 7.7% |
| CEO tenure | 4.5yrs |
| CEO ownership | 0.02% |
| Management average tenure | 4.3yrs |
| Board average tenure | 5.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 29 2024 | n/a | n/a | US$7b |
| Jun 30 2024 | n/a | n/a | US$7b |
| Mar 31 2024 | n/a | n/a | US$7b |
| Dec 31 2023 | US$23m | US$2m | US$7b |
| Sep 24 2023 | n/a | n/a | US$7b |
| Jun 25 2023 | n/a | n/a | US$7b |
| Mar 26 2023 | n/a | n/a | US$6b |
| Dec 31 2022 | US$25m | US$2m | US$6b |
| Sep 25 2022 | n/a | n/a | US$6b |
| Jun 26 2022 | n/a | n/a | US$5b |
| Mar 27 2022 | n/a | n/a | US$6b |
| Dec 31 2021 | US$18m | US$2m | US$6b |
| Sep 26 2021 | n/a | n/a | US$6b |
| Jun 27 2021 | n/a | n/a | US$7b |
| Mar 28 2021 | n/a | n/a | US$7b |
| Dec 31 2020 | US$24m | US$915k | US$7b |
| Sep 27 2020 | n/a | n/a | US$7b |
| Jun 28 2020 | n/a | n/a | US$6b |
| Mar 29 2020 | n/a | n/a | US$6b |
| Dec 31 2019 | US$310k | n/a | US$6b |
| Sep 29 2019 | n/a | n/a | US$6b |
| Jun 30 2019 | n/a | n/a | US$6b |
| Mar 31 2019 | n/a | n/a | US$6b |
| Dec 31 2018 | US$310k | n/a | US$5b |
Compensation vs Market: Jim's total compensation ($USD22.81M) is above average for companies of similar size in the AR market ($USD5.74M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
CEO
Jim Taiclet (63 yo)
4.5yrs
Tenure
US$22,813,775
Compensation
Mr. James D. Taiclet, Jr., also known as Jim, serves as President & Chief Executive Officer at Lockheed Martin Corporation since June 15, 2020 and also serves as its Chairman since March 01, 2021. He had b...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 4.5yrs | US$22.81m | 0.021% $ 23.9m | |
| Chief Financial Officer | 2.9yrs | US$6.66m | 0.0023% $ 2.7m | |
| Chief Operating Officer | 4.5yrs | US$9.95m | no data | |
| President of Aeronautics | 4yrs | US$6.96m | 0.000030% $ 34.8k | |
| President of Missiles & Fire Control | 5.2yrs | US$7.17m | 0.0038% $ 4.4m | |
| Chief Accounting Officer | 9.8yrs | no data | no data | |
| Chief Engineer and Senior VP of Engineering & Technology | 3.9yrs | no data | no data | |
| Senior VP of Enterprise Business & Digital Transformation and CIO | 1.9yrs | no data | no data | |
| VP, Treasurer & Investor Relations | 2.2yrs | no data | 0.00022% $ 255.0k | |
| Senior VP | 14.5yrs | US$6.43m | 0.000030% $ 34.8k | |
| Senior VP & Chief Communications Officer | 5.6yrs | no data | no data | |
| Senior VP & Chief Human Resource Officer | 1.3yrs | no data | no data |
4.3yrs
Average Tenure
57.5yo
Average Age
Experienced Management: LMTD's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 6.9yrs | US$22.81m | 0.021% $ 23.9m | |
| Independent Director | 3.5yrs | US$341.57k | no data | |
| Lead Independent Director | 14.5yrs | US$385.99k | 0.0022% $ 2.6m | |
| Independent Director | 5.1yrs | US$340.00k | 0.00084% $ 973.7k | |
| Independent Director | 16.7yrs | US$340.00k | 0.0028% $ 3.2m | |
| Independent Director | 3.2yrs | US$361.00k | 0.0018% $ 2.1m | |
| Independent Director | 9.4yrs | US$341.01k | 0.0011% $ 1.3m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 6.4yrs | US$340.00k | 0.0011% $ 1.3m | |
| Independent Director | 4.8yrs | US$356.67k | 0.00073% $ 846.2k | |
| Independent Director | no data | no data | no data |
5.1yrs
Average Tenure
66.5yo
Average Age
Experienced Board: LMTD's board of directors are considered experienced (5.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 17:47 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/29 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Lockheed Martin Corporation is covered by 53 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Eade | Argus Research Company |
| Peter Arment | Baird |
| Ishan Majumdar | Baptista Research |