Alexander KarpAlexander Karp earned $1B in 2024

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

$1.26M

Board Justification

The compensation philosophy aims to attract, motivate, and retain talented executives while aligning their interests with stockholders and ensuring competitive compensation.

Bonus

$2.30M

Board Justification

Bonus awarded for performance prior to retirement on September 1, 2004, recognizing successful financial, operational, and strategic performance.

Other Compensation

$350.76K

Board Justification

Includes contributions to retirement plans and other benefits.

Restricted Stock

$0.000 N/A

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.

L

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

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

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