The charts on this page feature a breakdown of the total annual pay for the top executives at LOCKHEED MARTIN CORP as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. LOCKHEED MARTIN CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. LOCKHEED MARTIN CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Marillyn A. Hewson
Strategic Advisor to the CEO; Former Chairman, President and Chief Executive Officer
Total Cash $12,517,419 Equity $12,818,340 Other $719,066 Total Compensation $26,054,825
Frank A. St. John
Chief Operating Officer
Total Cash $4,158,902 Equity $3,984,777 Other $406,495 Total Compensation $8,550,174
Richard F. Ambrose
Executive Vice President, Space
Total Cash $4,124,912 Equity $3,418,465 Other $181,380 Total Compensation $7,724,757
Michele A. Evans
Former Executive Vice President, Aeronautics
Total Cash $3,444,912 Equity $3,845,716 Other $218,638 Total Compensation $7,509,266
Kenneth R. Possenriede
Chief Financial Officer
Total Cash $3,338,469 Equity $3,973,848 Other $170,581 Total Compensation $7,482,898
James D. Taiclet
Chairman, President and Chief Executive Officer
Total Cash $3,811,585 Equity $18,611,850 Other $936,934 Total Compensation $23,360,369
For its 2020 fiscal year, LOCKHEED MARTIN CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
James D. Taiclet CEO Pay $24,518,639 Median Employee Pay $132,824 CEO Pay Ratio 185:1
For its 2019 fiscal year, LOCKHEED MARTIN CORP, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Bruce A. Carlson Total Cash $312,505
Daniel F. Akerson Total Cash $356,889
David B. Burritt Total Cash $310,079
Debra L. Reed-Klages Total Cash $49,679
Ilene S. Gordon Total Cash $342,388
James D. Taiclet, Jr. Total Cash $310,000
James O. Ellis, Jr. Total Cash $330,439
Jeh C. Johnson Total Cash $310,330
Joseph W. Ralston Total Cash $109,883
Nolan D. Archibald Total Cash $130,321
Thomas J. Falk Total Cash $350,165
Vicki A. Hollub Total Cash $312,418

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.