In 2022, Kathy J. Warden earned $28.72M in total compensation at Northrop Grumman, including $1.64M salary, $3.98M bonus and $22.30M in stock. Most recently sold 10,000 shares in Aug 2022. Currently holds stock worth $110.71M. Has donated $1.56M in stock to charitable causes. 6+ years at the helm of Northrop Grumman.
Compensation History
Annual executive compensation data for Kathy J. Warden, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$28.72M
Salary
$1.64M
Bonus
$3.98M
Other
$801.86K
Salary
$1.64MBoard Justification
Northrop Grumman's compensation philosophy for the CEO in 2022 focused on aligning executive compensation with company performance, shareholder interests, and long-term value creation. The compensation structure included a mix of fixed and variable pay, with a significant portion tied to performance metrics and long-term incentives.
Bonus
$3.98MBoard Justification
The bonus for Kathy J. Warden in 2022 was determined based on the company's performance metrics, including financial and non-financial goals. The performance metrics included Adjusted Cash Flow from Operations, Adjusted Segment Operating Income Growth, and Pension-Adjusted OM Rate, among others. The overall company performance factor was determined to be 134%, which influenced the final bonus payout.
Other Compensation
$801.86KBoard Justification
Other compensation for Kathy J. Warden in 2022 included perquisites such as security protection, financial planning services, and contributions to defined contribution and deferred compensation plans.
Restricted Stock
Board Justification
The vested stock for Kathy J. Warden in 2022 consisted of Restricted Performance Stock Rights (RPSRs) and Restricted Stock Rights (RSRs) that were granted in previous years and vested based on the company's performance over a three-year period. The 2020 RPSRs vested based on the three-year performance period which ended on December 31, 2022, and were distributed in February 2023.
Performance Metrics
The performance metrics for determining the CEO's compensation in 2022 included financial metrics such as Adjusted Cash Flow from Operations, Adjusted Segment Operating Income Growth, and Pension-Adjusted OM Rate, as well as non-financial metrics related to diversity, employee experience, environmental sustainability, quality, and customer satisfaction.
Kathy J. Warden
CEO of Northrop Grumman
Education
Bachelor's degree in Computer Science from the University of Maryland, and an MBA from George Washington University
Field of Expertise
Business & Management
Sector of Economy
Industrials
Born
December 15, 1970 - 54 years ago
CEO of Northrop Grumman for
6 years 11 months (Jan 2019 - Present)
Previous Experience
Corporate Vice President and President, Mission Systems; Corporate Vice President and President, Information Systems
Other Northrop Grumman CEOs
Holdings
Track Kathy J. Warden's stock holdings and portfolio value over time.
Total Stock Sold
$13.15M
$13.15M
40,175 NOC shares
What if they kept their stock?
If Kathy J. Warden didn't sell their stock, today they would have:
Extra NOC40,175 shares worth $22.05M.
This is 67.67% and $8.90M more than what they got when they sold the stock.
Charitable Transactions
2,850 shares
NOC
Recent Charitable Transactions
1,935 shares
NOC
May 9, 2022
Charity
915 shares
NOC
Aug 9, 2021
Charity
Insider Trading
Kathy J. Warden's recent stock transactions, purchases, and sales filed with the SEC.
$4.82M
NOC at $481.62/share
Aug 4, 2022
Sale
1,935 shares
NOC
May 9, 2022
Charity
915 shares
NOC
Aug 9, 2021
Charity
$1.73M
NOC at $352.04/share
May 3, 2021
Sale
$2.42M
NOC at $353.66/share
Jul 29, 2019
Sale
$19.87K
NOC at $296.51/share
Oct 16, 2017
Sale
$19.77K
NOC at $295.07/share
Oct 16, 2017
Purchase
$2.45M
NOC at $263.41/share
Aug 1, 2017
Sale
$825.17K
NOC at $189.00/share
Mar 10, 2016
Sale
$878.51K
NOC at $187.04/share
Nov 4, 2015
Sale
Rivals
Compare Kathy J. Warden with competitor CEOs and industry peers.
Christopher E. Kubasik
CEO of L3Harris Technologies
2023 Compensation
Stock
$0.00
Salary
$1.54M
Bonus
$0.00
Other
$1.06M
Total Holdings
$5.89M
Roger A. Krone
CEO of Leidos Holdings
2022 Compensation
Stock
$0.00
Salary
$1.27M
Bonus
$0.00
Other
$34.30K
Total Holdings
$379.44K
Scott C. Donnelly
CEO of Textron
2022 Compensation
Stock
$12.33M
Salary
$1.28M
Bonus
$2.70M
Other
$160.67K
Total Holdings
$1.59M
Christopher D. Kastner
CEO of Huntington Ingalls Industries
2023 Compensation
Stock
$1.78M
Salary
$1.18M
Bonus
$3.00M
Other
$160.52K
Total Holdings
$9.69M
Phebe N. Novakovic
CEO of General Dynamics
2023 Compensation
Stock
$14.04M
Salary
$1.70M
Bonus
$4.29M
Other
$699.78K
Total Holdings
$15.05M