Alexander KarpAlexander Karp earned $1B in 2024

In 2012, Robert J. Stevens earned $8.35M in total compensation at Lockheed Martin, including $1.80M salary and $4.91M bonus. Most recently sold 955,000 shares in May 2013. Currently holds stock worth $98.78M. Led Lockheed Martin as CEO for 8 years.

Compensation History

Annual executive compensation data for Robert J. Stevens, including salary, bonuses, and stock awards.

Year

2012

Total Compensation

$8.35M

Salary

$1.80M

Bonus

$4.91M

Other

$1.64M

Salary

$1.80M

Board Justification

The compensation philosophy is designed to align pay with performance, with a significant portion of total compensation being performance-based and linked to the Corporation's financial and operational goals.

Bonus

$4.91M

Board Justification

Annual incentive bonuses are reported in the year the bonus is earned. The Compensation Committee uses discretion to assess performance against objectives established at the beginning of the year.

Other Compensation

$1.64M

Board Justification

Other compensation includes tax assistance for business-related items, matching contributions to retirement plans, and other benefits.

Restricted Stock

$0.000 N/A

Board Justification

No stock awards vested in 2012 as the focus is on cash compensation and performance-based incentives.

Performance Metrics

The performance metrics for determining the compensation included financial, strategic, and operational goals, with a focus on total stockholder return and operational efficiency.

L

Robert J. Stevens

Ex-CEO of Lockheed Martin

Education

Bachelor's degree in Industrial Engineering from the University of Florida

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Industrials

Born

July 4, 1951 - 74 years ago

CEO of Lockheed Martin for

8 years 4 months (Aug 2004 - Dec 2012)

Previous Experience

President and COO, CFO at Lockheed Martin

Holdings

Track Robert J. Stevens's stock holdings and portfolio value over time.

Total Stock Sold

$136.37M

LMT

$136.37M

1,405,000 LMT shares

What if they kept their stock?

If Robert J. Stevens didn't sell their stock, today they would have:
Extra LMT1,405,000 shares worth $635.34M.
This is 365.89% and $498.97M more than what they got when they sold the stock.

Insider Trading

Robert J. Stevens's recent stock transactions, purchases, and sales filed with the SEC.

LMT

$97.28M

LMT at $101.86/share

May 8, 2013

Sale

LMT

$39.45M

LMT at $87.67/share

May 4, 2012

Sale

Rivals

Compare Robert J. Stevens with competitor CEOs and industry peers.