Phebe N. Novakovic has been leading General Dynamics Corporation since January 2013, stepping up from her previous role as President and COO. She joined the company in 2002 and has steadily climbed the ranks through various leadership roles. Phebe’s 2023...
Phebe N. Novakovic has been leading General Dynamics Corporation since January 2013, stepping up from her previous role as President and COO. She joined the company in 2002 and has steadily climbed the ranks through various leadership roles. Phebe’s 2023 compensation amounted to $7.7 million, which included substantial bonuses tied to the company’s financial achievements. In addition to her salary, she saw a significant vested stock value of over $14 million in 2023, showing her strong alignment with shareholder interests. Performance metrics like earnings and cash flow determine her bonuses, which reflects a solid pay-for-performance philosophy. This approach ensures that her interests are closely tied to the company's success. Phebe also sits on the board of Abbott Laboratories, which showcases her influence beyond just General Dynamics. Her new strategies have improved the company’s margins and return on investments while keeping an eye on operational excellence. With a bachelor’s degree from the University of Notre Dame, she brings a wealth of knowledge and experience to the table, making her a crucial figure in the industry.