Lockheed Martin Management
Management criteria checks 3/4
Lockheed Martin's CEO is Jim Taiclet, appointed in Jun 2020, has a tenure of 4.42 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 €24.38M. The average tenure of the management team and the board of directors is 4.2 years and 5.7 years respectively.
Key information
Jim Taiclet
Chief executive officer
US$22.8m
Total compensation
| CEO salary percentage | 7.7% |
| CEO tenure | 4.4yrs |
| CEO ownership | 0.02% |
| Management average tenure | 4.2yrs |
| Board average tenure | 5.7yrs |
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 Austrian market ($USD4.36M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
CEO
Jim Taiclet (63 yo)
4.4yrs
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 | 4.4yrs | US$22.81m | 0.021% € 24.4m | |
| Chief Financial Officer | 2.8yrs | US$6.66m | 0.0023% € 2.8m | |
| Chief Operating Officer | 4.4yrs | US$9.95m | no data | |
| President of Aeronautics | 3.9yrs | US$6.96m | 0.000030% € 35.4k | |
| President of Missiles & Fire Control | 5.1yrs | US$7.17m | 0.0038% € 4.4m | |
| Chief Accounting Officer | 9.7yrs | no data | no data | |
| Chief Engineer and Senior VP of Engineering & Technology | 3.8yrs | no data | no data | |
| Senior VP of Enterprise Business & Digital Transformation and CIO | 1.8yrs | no data | no data | |
| VP, Treasurer & Investor Relations | 2.1yrs | no data | 0.00022% € 259.8k | |
| Senior VP | 14.4yrs | US$6.43m | 0.000020% € 23.6k | |
| Senior VP & Chief Communications Officer | 5.5yrs | no data | no data | |
| Senior VP & Chief Human Resource Officer | 1.2yrs | no data | no data |
4.2yrs
Average Tenure
57.5yo
Average Age
Experienced Management: LMT's management team is considered experienced (4.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 6.8yrs | US$22.81m | 0.021% € 24.4m | |
| Independent Director | 3.4yrs | US$341.57k | no data | |
| Lead Independent Director | 14.4yrs | US$385.99k | 0.0022% € 2.6m | |
| Independent Director | 5yrs | US$340.00k | 0.00084% € 991.9k | |
| Independent Director | 16.6yrs | US$340.00k | 0.0028% € 3.3m | |
| Independent Director | 3.1yrs | US$361.00k | 0.0018% € 2.1m | |
| Independent Director | 9.3yrs | US$341.01k | 0.0011% € 1.3m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 6.3yrs | US$340.00k | 0.0011% € 1.3m | |
| Independent Director | 4.8yrs | US$356.67k | 0.00073% € 862.0k |
5.7yrs
Average Tenure
66.5yo
Average Age
Experienced Board: LMT's board of directors are considered experienced (5.7 years average tenure).