In 2004, Vance D. Coffman earned $3.91M in total compensation at Lockheed Martin, including $1.26M salary and $2.30M bonus. Led Lockheed Martin as CEO for 6 years.
Compensation History
Annual executive compensation data for Vance D. Coffman, including salary, bonuses, and stock awards.
Year
2004
Total Compensation
$3.91M
Salary
$1.26M
Bonus
$2.30M
Other
$350.76K
Salary
$1.26MBoard Justification
The compensation philosophy aims to attract, motivate, and retain talented executives while aligning their interests with stockholders and ensuring competitive compensation.
Bonus
$2.30MBoard Justification
Bonus awarded for performance prior to retirement on September 1, 2004, recognizing successful financial, operational, and strategic performance.
Other Compensation
$350.76KBoard Justification
Includes contributions to retirement plans and other benefits.
Restricted Stock
Board Justification
No restricted stock was vested in 2004 as per the provided information.
Performance Metrics
Performance metrics included financial goals, mission success, and corporate objectives.
Vance D. Coffman
Ex-CEO of Lockheed Martin
Education
Ph.D. in Aeronautics and Astronautics from Stanford University
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Industrials
Born
October 4, 1940 - 85 years ago
CEO of Lockheed Martin for
6 years 7 months (Jan 1998 - Aug 2004)
Previous Experience
Aerospace engineer and various leadership positions at Lockheed Martin
Other Lockheed Martin CEOs
Holdings
Track Vance D. Coffman's stock holdings and portfolio value over time.
Insider Trading
Vance D. Coffman's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
Compare Vance D. Coffman with competitor CEOs and industry peers.
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Bonus
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Bonus
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