In 2019, Wesley G. Bush earned $39.10M in total compensation at Northrop Grumman, including $1.50M salary, $2.70M bonus and $34.40M in stock. Most recently acquired 3,336 shares in Apr 2024. Currently holds stock worth $73.27M. Has donated $93.32M in stock to charitable causes. Led Northrop Grumman as CEO for 9 years.
Compensation History
Annual executive compensation data for Wesley G. Bush, including salary, bonuses, and stock awards.
Year
2019
Total Compensation
$39.10M
Salary
$1.50M
Bonus
$2.70M
Other
$500.00K
Salary
$1.50MBoard Justification
Northrop Grumman's compensation philosophy for the CEO in 2019 was to provide a competitive compensation package that aligns with the company's performance and industry peers. A significant portion of the CEO's compensation was tied to performance metrics to incentivize top performance and align with shareholder interests.
Bonus
$2.70MBoard Justification
The bonus for Wesley G. Bush in 2019 was determined based on a target bonus of 180% of his base salary. The final bonus was calculated by multiplying the target bonus by the Company Performance Factor (CPF), which was 167% for 2019, resulting in a bonus payout of $2,700,000.
Other Compensation
$500.00KBoard Justification
Other compensation for Wesley G. Bush in 2019 included retirement benefits, perquisites, and security arrangements, totaling $500,000.
Restricted Stock
Board Justification
In 2019, Wesley G. Bush had 100,000 shares of stock that vested. These shares were part of his long-term incentive plan, which included Restricted Stock Units (RSUs) that vested over a period of time based on continued service and performance metrics.
Performance Metrics
The performance metrics for determining the CEO's compensation in 2019 included financial metrics such as Pension-adjusted Cash Flow from Operations, Segment Operating Income Growth, Pension-adjusted Net Income Growth, and Pension-adjusted Operating Margin Rate. Non-financial metrics included quality, customer satisfaction, engagement & inclusion, operational efficiency, diversity, environmental sustainability, and safety.
Wesley G. Bush
Ex-CEO of Northrop Grumman
Education
Bachelor's degree in Electrical Engineering from the University of Maryland
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Industrials
Born
September 9, 1964 - 61 years ago
CEO of Northrop Grumman for
9 years 0 months (Jan 2010 - Jan 2019)
Previous Experience
President and Chief Operating Officer of Northrop Grumman Corporation, Corporate Vice President of Northrop Grumman Corporation
Other Northrop Grumman CEOs
Holdings
Track Wesley G. Bush's stock holdings and portfolio value over time.
Total Stock Sold
$132.10M
$132.10M
698,539 NOC shares
$141.50
1.187 NSC shares
What if they kept their stock?
If Wesley G. Bush didn't sell their stock, today they would have:
Extra NOC698,539 shares worth $383.48M and NSC1.187 shares worth $349.29.
This is 190.28% and $251.37M more than what they got when they sold the stock.
Charitable Transactions
170,000 shares
NOC
Recent Charitable Transactions
50,000 shares
NOC
Aug 30, 2018
Charity
120,000 shares
NOC
Aug 3, 2012
Charity
Insider Trading
Wesley G. Bush's recent stock transactions, purchases, and sales filed with the SEC.
3,336 shares
DOW
Apr 11, 2024
Received
3,339 shares
DOW
Apr 13, 2023
Received
2,902 shares
DOW
Apr 14, 2022
Received
2,866 shares
DOW
Apr 15, 2021
Received
5,061 shares
DOW
Apr 9, 2020
Received
$503.28K
DOW at $24.61/share
Mar 12, 2020
Purchase
$233.22K
DOW at $46.64/share
Aug 8, 2019
Purchase
$14.57M
NOC at $291.45/share
May 3, 2019
Sale
3,380 shares
DOW
Apr 11, 2019
Received
$24.85M
NOC at $287.26/share
Feb 19, 2019
Sale
Rivals
Compare Wesley G. Bush with competitor CEOs and industry peers.
Christopher E. Kubasik
CEO of L3Harris Technologies
2023 Compensation
Stock
$0.00
Salary
$1.54M
Bonus
$0.00
Other
$1.06M
Total Holdings
$5.89M
Roger A. Krone
CEO of Leidos Holdings
2022 Compensation
Stock
$0.00
Salary
$1.27M
Bonus
$0.00
Other
$34.30K
Total Holdings
$379.44K
Scott C. Donnelly
CEO of Textron
2022 Compensation
Stock
$12.33M
Salary
$1.28M
Bonus
$2.70M
Other
$160.67K
Total Holdings
$1.59M
Christopher D. Kastner
CEO of Huntington Ingalls Industries
2023 Compensation
Stock
$1.78M
Salary
$1.18M
Bonus
$3.00M
Other
$160.52K
Total Holdings
$9.69M
Phebe N. Novakovic
CEO of General Dynamics
2023 Compensation
Stock
$14.04M
Salary
$1.70M
Bonus
$4.29M
Other
$699.78K
Total Holdings
$15.05M