Lockheed Martin Management
Management criteria checks 3/4
Lockheed Martin's CEO is Jim Taiclet, appointed in Jun 2020, has a tenure of 3.92 years. total yearly compensation is $22.81M, comprised of 7.7% salary and 92.3% bonuses, including company stock and options. directly owns 0.02% of the company’s shares, worth $22.82M. The average tenure of the management team and the board of directors is 3.7 years and 6.3 years respectively.
Key information
Jim Taiclet
Chief executive officer
US$22.8m
Total compensation
| CEO salary percentage | 7.7% |
| CEO tenure | 3.9yrs |
| CEO ownership | 0.02% |
| Management average tenure | 3.7yrs |
| Board average tenure | 6.3yrs |
Recent management updates
Recent updates
Does Lockheed Martin (NYSE:LMT) Deserve A Spot On Your Watchlist?
May 09
Lockheed Martin Corporation Just Beat EPS By 9.8%: Here's What Analysts Think Will Happen Next
Apr 26Why Did Lockheed Martin Stock Drop?
Apr 25Lockheed Martin: War Premium Not Priced In Yet (Upgrade)
Apr 19Lockheed Martin Corporation's (NYSE:LMT) Price Is Out Of Tune With Earnings
Apr 10Lockheed Martin: Robust Backlog Points To Sustained Growth
Mar 24Lockheed Martin: Momentum Is Building For A Counter Trend Bounce
Mar 16Returns At Lockheed Martin (NYSE:LMT) Appear To Be Weighed Down
Mar 11Is There An Opportunity With Lockheed Martin Corporation's (NYSE:LMT) 42% Undervaluation?
Feb 25Lockheed Martin: Problems Are Piling Up
Feb 21Is Lockheed Martin (NYSE:LMT) A Risky Investment?
Feb 09Lockheed Martin Q4: Anticipated Growth From Tactical & Strike Missiles And PAC-3 Defense
Jan 25Analysts Have Made A Financial Statement On Lockheed Martin Corporation's (NYSE:LMT) Annual Report
Jan 25Lockheed Martin: Present Defense Spending Doesn't Indicate Long-Term High Returns
Jan 18Lockheed Martin: A Solid Bet On The Future Of Defense And Aerospace (Rating Upgrade)
Jan 09There's Reason For Concern Over Lockheed Martin Corporation's (NYSE:LMT) Price
Jan 01Lockheed Martin: A Huge Moat, >10% Annual Return Potential, And Protection Against Mayhem
Dec 28Lockheed Martin Looks Strong, But Fairly Valued Already
Nov 25Is There An Opportunity With Lockheed Martin Corporation's (NYSE:LMT) 26% Undervaluation?
Nov 21Lockheed Martin (NYSE:LMT) Seems To Use Debt Quite Sensibly
Nov 08Lockheed Martin: Preparing For The Known
Nov 07Lockheed Martin: Defense To Diversify
Oct 25Lockheed Martin: Q3 Is More Of The Same, No Market-Beating Returns Here
Oct 18Lockheed Martin (NYSE:LMT) Is Increasing Its Dividend To $3.15
Oct 12Lockheed Martin Remains A Buy Amidst Global Tension
Oct 10Why We Like The Returns At Lockheed Martin (NYSE:LMT)
Oct 10Lockheed Martin: Not Too Big To Downsize
Oct 03Fortress Of Dividends: Lockheed Martin's 3% Yield Is Among The Best Money Can Buy
Sep 18Lockheed Martin Corporation (NYSE:LMT) Shares Could Be 29% Below Their Intrinsic Value Estimate
Aug 22Lockheed Martin: Huge Growth Ahead
Aug 18Does Lockheed Martin (NYSE:LMT) Have A Healthy Balance Sheet?
Aug 07Lockheed Martin Q2 Earnings Preview: Preparing For Takeoff
Jul 17Lockheed Martin (NYSE:LMT) Has Some Way To Go To Become A Multi-Bagger
Jul 10Dividend Delight: Lockheed Martin Rides High On Favorable Winds
Jun 21A Look At The Fair Value Of Lockheed Martin Corporation (NYSE:LMT)
May 16These 4 Measures Indicate That Lockheed Martin (NYSE:LMT) Is Using Debt Reasonably Well
May 01Lockheed Martin (NYSE:LMT) Is Achieving High Returns On Its Capital
Apr 02Lockheed Martin receives $164.3M US Army
Feb 24Lockheed Martin: Western Fiscal Realities May Sink Hopes Of Higher Defense Spending
Feb 13Calculating The Fair Value Of Lockheed Martin Corporation (NYSE:LMT)
Feb 09Is Lockheed Martin Stock A Buy After Earnings? Yes, On Any Weakness
Jan 30Lockheed Martin Non-GAAP EPS of $7.79 beats by $0.42, revenue of $18.99B beats by $740M
Jan 24We Think Lockheed Martin (NYSE:LMT) Can Stay On Top Of Its Debt
Jan 23Lockheed Martin secures $260.8M Navy contract modification
Jan 10Lockheed Martin unit awarded $7.84B modification contract
Jan 02Lockheed Martin (NYSE:LMT) Is Investing Its Capital With Increasing Efficiency
Dec 26Lockheed Martin receives $1.05B contract by U.S. Navy
Dec 23Lockheed Martin awarded $302.24M and $245.75M contracts by U.S. government
Dec 16Lockheed Martin awarded $2.22B contract by U.S. government
Dec 08Lockheed Martin (NYSE:LMT) Has Announced That It Will Be Increasing Its Dividend To $3.00
Nov 29Lockheed Martin: Sustainable Competitive Advantage
Nov 09Lockheed Martin (NYSE:LMT) Has Announced That It Will Be Increasing Its Dividend To $3.00
Nov 04CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 US market ($USD13.59M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
CEO
Jim Taiclet (62 yo)
3.9yrs
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 | 3.9yrs | US$22.81m | 0.020% $ 22.8m | |
| Chief Financial Officer | 2.3yrs | US$6.66m | 0.0023% $ 2.6m | |
| Chief Operating Officer | 3.9yrs | US$9.95m | 0% $ 0 | |
| President of Aeronautics | 3.4yrs | US$6.96m | 0.000030% $ 33.6k | |
| President of Missiles & Fire Control | 4.6yrs | US$7.17m | 0.0054% $ 6.0m | |
| Chief Accounting Officer | 9.2yrs | no data | no data | |
| Chief Engineer and Senior VP of Engineering & Technology | 3.3yrs | no data | no data | |
| Senior VP of Enterprise Business & Digital Transformation and CIO | 1.3yrs | no data | no data | |
| VP, Treasurer & Investor Relations | 1.6yrs | no data | 0.00011% $ 123.0k | |
| Senior VP | 13.9yrs | US$6.43m | 0.000020% $ 22.4k | |
| Senior VP & Chief Communications Officer | 5yrs | no data | no data | |
| Senior VP & Chief Human Resource Officer | less than a year | no data | no data |
3.7yrs
Average Tenure
56.5yo
Average Age
Experienced Management: LMT's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 6.3yrs | US$22.81m | 0.020% $ 22.8m | |
| Independent Director | 2.9yrs | US$341.57k | 0.00029% $ 324.4k | |
| Lead Independent Director | 13.9yrs | US$385.99k | 0.0022% $ 2.4m | |
| Independent Director | 7.9yrs | US$362.89k | 0.00074% $ 827.8k | |
| Independent Director | 4.5yrs | US$340.00k | 0.00083% $ 928.4k | |
| Independent Director | 16.1yrs | US$340.00k | 0.0027% $ 3.1m | |
| Independent Director | 2.6yrs | US$361.00k | 0.0018% $ 2.0m | |
| Independent Director | 8.8yrs | US$341.01k | 0.0011% $ 1.2m | |
| Independent Director | 5.8yrs | US$340.00k | 0.0011% $ 1.2m | |
| Independent Director | 6.3yrs | US$340.00k | 0.0012% $ 1.3m | |
| Independent Director | 4.3yrs | US$356.67k | 0.00073% $ 816.6k |
6.3yrs
Average Tenure
67yo
Average Age
Experienced Board: LMT's board of directors are considered experienced (6.3 years average tenure).