Alexander KarpAlexander Karp earned $1B in 2024

In 2020, Marillyn A. Hewson earned $26.05M in total compensation at Lockheed Martin, including $1.88M salary, $10.64M bonus and $12.82M in stock. Most recently acquired 31,792 shares in Feb 2021. Currently holds stock worth $34.03M. Has donated $24.19M in stock to charitable causes. Led Lockheed Martin as CEO for 6 years.

Compensation History

Annual executive compensation data for Marillyn A. Hewson, including salary, bonuses, and stock awards.

Year

2020

Total Compensation

$26.05M

Salary

$1.88M

Bonus

$10.64M

Other

$719.07K

Salary

$1.88M

Board Justification

Lockheed Martin's compensation philosophy is to attract and retain critical executive talent, motivate behaviors that align with stockholders’ interests, and pay for performance, with a significant portion of compensation being variable and contingent on performance.

Bonus

$10.64M

Board Justification

Annual incentive bonus paid under the Lockheed Martin Corporation Amended and Restated 2006 Management Incentive Compensation Plan (MICP), reflecting performance for the year 2020.

Other Compensation

$719.07K

Board Justification

Includes perquisites and other personal benefits provided to the NEOs in 2020, including security, relocation benefits, annual executive physicals, and use of corporate aircraft for personal travel.

Restricted Stock

$12.82M12.82M RSUs and PSUs

Board Justification

Represents the aggregate grant date fair value computed in accordance with FASB Accounting Standards Codification (ASC) Topic 718 for RSUs and PSUs granted in 2020, disregarding potential forfeitures based on service requirements.

Performance Metrics

Performance metrics for the CEO's compensation in 2020 included financial targets such as sales, segment operating profit, and cash from operations, as well as strategic and operational goals.

L

Marillyn A. Hewson

Ex-CEO of Lockheed Martin

Education

Bachelor's degree in Business Administration from the University of Alabama; MBA from the University of Alabama at Birmingham

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

September 27, 1956 - 69 years ago

CEO of Lockheed Martin for

6 years 5 months (Jan 2014 - Jun 2020)

Previous Experience

Executive Vice President - Electronic Systems, President and COO at Lockheed Martin

Holdings

Track Marillyn A. Hewson's stock holdings and portfolio value over time.

Total Stock Sold

$85.59M

LMT

$85.59M

326,279.354 LMT shares

What if they kept their stock?

If Marillyn A. Hewson didn't sell their stock, today they would have:
Extra LMT326,279.354 shares worth $147.54M.
This is 72.39% and $61.95M more than what they got when they sold the stock.

Charitable Transactions

LMT

53,500 shares

LMT

Recent Charitable Transactions

LMT

50,000 shares

LMT

Jul 27, 2018

Charity

LMT

3,500 shares

LMT

Jan 29, 2018

Charity

Insider Trading

Marillyn A. Hewson's recent stock transactions, purchases, and sales filed with the SEC.

LMT

31,792 shares

LMT

Feb 22, 2021

Received

LMT

$9.60M

LMT at $436.29/share

Jan 29, 2020

Sale

LMT

$16.99M

LMT at $432.50/share

Jan 26, 2020

Received

LMT

$7.20M

LMT at $369.16/share

Jul 25, 2019

Sale

LMT

$18.25M

LMT at $307.08/share

Feb 26, 2019

Sale

LMT

$10.87M

LMT at $287.87/share

Jan 28, 2019

Received

LMT

50,000 shares

LMT

Jul 27, 2018

Charity

LMT

$8.10M

LMT at $323.82/share

Jul 27, 2018

Sale

LMT

$6.59M

LMT at $346.91/share

Jan 29, 2018

Sale

LMT

$15.02M

LMT at $351.42/share

Jan 29, 2018

Received

Rivals

Compare Marillyn A. Hewson with competitor CEOs and industry peers.