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Wesley G. Bush is a notable figure in the aerospace and defense industry, having served as CEO of Northrop Grumman Corporation from 2010 to 2019. He began his journey at Northrop Grumman as CFO and quickly moved up the ranks...

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Wesley G. Bush

Ex-CEO of Northrop Grumman

Education

Bachelor's degree in Electrical Engineering from the University of Maryland

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Industrials

Born

September 9, 1964 - 60 years ago

CEO of Northrop Grumman for

9 years 0 months (Jan 2010 - Jan 2019)

Previous Experience

President and Chief Operating Officer of Northrop Grumman Corporation, Corporate Vice President of Northrop Grumman Corporation

Holdings

See how much did Wesley G. Bush make over time.

Wesley G. Bush had significant holdings in Northrop Grumman during his tenure as CEO. In 2012, he realized stock options worth over $14 million, reflecting the company's performance and his leadership impact. His stock options and grants were closely tied...

Mar 18, 2025

Total Stock Sold

$132.10M

NOC

$132.10M

698,539 NOC shares

What if they kept their stock?

If Wesley G. Bush didn't sell their stock, today they would have:
Extra NOC698,539 shares worth $230.29M.
This is 74.32% and $98.18M more than what they got when they sold the stock.

Charitable Transactions

NOC

170,000 shares

NOC

Recent Charitable Transactions

NOC

50,000 shares

NOC

Aug 30, 2018

Charity

NOC

120,000 shares

NOC

Aug 3, 2012

Charity

Insider Trading

See recent insider trades of Wesley G. Bush.

CSCO

$37.97K

CSCO at $45.69/share

Jun 17, 2024

Received

DOW

3,336 shares

DOW

Apr 11, 2024

Received

CSCO

$37.97K

CSCO at $48.93/share

Mar 15, 2024

Received

CSCO

$138.35K

CSCO at $23.85/share

Dec 6, 2023

Received

CSCO

$31.72K

CSCO at $56.04/share

Sep 15, 2023

Received

CSCO

$31.73K

CSCO at $51.93/share

Jun 15, 2023

Received

DOW

3,339 shares

DOW

Apr 13, 2023

Received

CSCO

$31.74K

CSCO at $49.06/share

Mar 15, 2023

Received

CSCO

$136.49K

CSCO at $24.50/share

Dec 8, 2022

Received

CSCO

$27.97K

CSCO at $43.29/share

Sep 15, 2022

Received

Compensation History

See how much did Wesley G. Bush make over time.

Wesley G. Bush's compensation during his tenure as CEO of Northrop Grumman was designed to tie his financial success to the company's performance. In 2019, his total pay was $7.7 million, which included a base salary of $1.5 million and a bonus of $2.7 million, showcasing the high-stakes nature of his role. His performance metrics focused on financial health, ensuring his bonuses were directly linked to the company's operational success. The compensation structure evolved to ensure he remained competitive in the industry while motivating him to push for higher performance and innovation, which ultimately benefitted shareholders. Bush's compensation strategy was illustrative of how executive pay can align with corporate goals, fostering a culture of accountability.

Year

2019

Total Compensation

$39.10M

Salary

$1.50M

Board Justification

Northrop Grumman's compensation philosophy for the CEO in 2019 was to provide a competitive compensation package that aligns with the company's performance and industry peers. A significant portion of the CEO's compensation was tied to performance metrics to incentivize top performance and align with shareholder interests.

Bonus

$2.70M

Board Justification

The bonus for Wesley G. Bush in 2019 was determined based on a target bonus of 180% of his base salary. The final bonus was calculated by multiplying the target bonus by the Company Performance Factor (CPF), which was 167% for 2019, resulting in a bonus payout of $2,700,000.

Other

$500.00K

Board Justification

Other compensation for Wesley G. Bush in 2019 included retirement benefits, perquisites, and security arrangements, totaling $500,000.

Restricted Stock

$34.40M(100K RSU)

Board Justification

In 2019, Wesley G. Bush had 100,000 shares of stock that vested. These shares were part of his long-term incentive plan, which included Restricted Stock Units (RSUs) that vested over a period of time based on continued service and performance metrics.

Performance Metrics

The performance metrics for determining the CEO's compensation in 2019 included financial metrics such as Pension-adjusted Cash Flow from Operations, Segment Operating Income Growth, Pension-adjusted Net Income Growth, and Pension-adjusted Operating Margin Rate. Non-financial metrics included quality, customer satisfaction, engagement & inclusion, operational efficiency, diversity, environmental sustainability, and safety.

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