James D. Taiclet is the CEO of Lockheed Martin, having stepped into the role in June 2020 after a long tenure at American Tower. His background is impressive: he has experience in aerospace from Honeywell and Pratt & Whitney, and...

Number of Employees

122K

Year

2023

Total Compensation

$21.04M

Salary

$1.75M

Board Justification

The compensation philosophy is designed to attract and retain executive talent, linking pay to performance and aligning with stockholder interests.

Bonus

$0.00

Board Justification

No bonus was awarded for 2023.

Other

$1.40M

Board Justification

Other compensation includes perquisites such as personal use of corporate aircraft and tax assistance.

Restricted Stock

$17.89M(38.02K RSU)

Board Justification

38,016 shares of stock vested in 2023, primarily from prior equity awards.

Performance Metrics

Performance metrics include financial goals such as Sales, Segment Operating Profit, and Free Cash Flow.

SEC Filing

From March 15, 2024

James D. Taiclet

CEO of Lockheed Martin

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Education

Bachelor's degree in Aerospace Engineering from the U.S. Air Force Academy; MBA from Harvard Business School

Field of Expertise

Technology & Engineering - Engineering

Born

May 27, 1961 - 63 years ago

Is Founder?

No

Current Tenure

4 years 6 months (Jun 2020 - Present)

Previous Experience

Chairman, President and CEO of American Tower Corporation