Robert J. Stevens has been a key figure at Lockheed Martin, leading the company as CEO from 2004 until the end of 2012. After stepping down, he continued as Executive Chairman and then became a Strategic Advisor to the new...
Robert J. Stevens has been a key figure at Lockheed Martin, leading the company as CEO from 2004 until the end of 2012. After stepping down, he continued as Executive Chairman and then became a Strategic Advisor to the new CEO, Marillyn Hewson. He was crucial in guiding the company through significant transitions and has a background in both engineering and finance, holding a degree in Industrial Engineering from the University of Florida. Under his leadership, Lockheed Martin focused intensely on performance-based compensation models, where most of his pay was tied to how well the company did financially. For example, in 2012, Stevens earned over $2.7 million, with a hefty portion coming from bonuses based on meeting specific performance goals. He also personally owns a large stake in the company, with over 208,000 shares valued at around $119 million. His investment reflects his belief in the company’s future. Stevens' strategic insights have helped steer Lockheed Martin, especially during periods of change in leadership and governance.