Robert J. Stevens
Encyclopedia
Robert J. Stevens, born in 1951, is the Chairman and Chief Executive Officer
(CEO) of Lockheed Martin
.
, Mr. Stevens is a summa cum laude graduate of Slippery Rock University
from which he received the Distinguished Alumni Award. He earned a master's degree in engineering and management from the Polytechnic University of New York and, with a Fairchild Fellowship, earned a master's degree in business administration from Columbia Business School
in 1987. He is a graduate of the Department of Defense Systems Management College Program Management course and also served in the United States Marine Corps
. He has been recognized by the National Management Association as Executive of the Year, by Government Computer News as the Industry Executive of the Year, by the Partnership for Public Service with the Private Sector Council Leadership Award, and by the Marine Corps Scholarship Foundation with the Globe and Anchor Award.
Mr. Stevens is a Fellow of the American Astronautical Society, the American Institute of Aeronautics and Astronautics, the Royal Aeronautical Society, and the International Academy of Astronautics. He serves on the International Advisory Boards of the Atlantic Council and the British-American Business Council and serves as a member of the Aerospace Industries Association’s Board of Governors. He is a member of the Council on Foreign Relations, is Lead Director of the Monsanto Company, and a member of the Board of Directors of the Congressional Medal of Honor Foundation. Mr. Stevens also served on President Bush's Commission to Examine the Future of the United States Aerospace Industry.
In October 2000 Stevens became President and Chief Operating Officer when Louis R. Hughes resigned after only 6 months. During 2001 and 2002, Stevens served on President Bush’s
Commission on the Future of the United States Aerospace Industry
. On August 5, 2004, he was elected Chief Executive Officer of Lockheed Martin
by its board of directors, succeeding Vance Coffman. In 2004, he was recognized by the National Management Association
as Executive of the Year. He was elected Chairman on April 28, 2005, retaining his previous responsibilities as President and CEO. He has held a variety of executive positions including Chief Operating Officer, Chief Financial Officer, and head of Strategic Planning.
While CEO of Lockheed Martin in 2008, Robert J. Stevens earned a total compensation of $22,863,062, which included a base salary of $1,774,038, a cash bonus of $12,817,750, stocks granted of $2,992,360, options granted of $4,827,500, and other compensation of $451,414. In 2009, Stevens earned a total compensation of $20,473,451, which included a base salary of $1,834,615, a cash bonus of $9,146,000, stocks granted of $2,558,120, options granted of $6,564,800, and other compensation of $369,916.
In 2009, Mr. Stevens was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency.
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
(CEO) of Lockheed Martin
Lockheed Martin
Lockheed Martin is an American global aerospace, defense, security, and advanced technology company with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in Bethesda, Maryland, in the Washington Metropolitan Area....
.
Early life
Born in McKeesport, PennsylvaniaMcKeesport, Pennsylvania
McKeesport is a city in Allegheny County, Pennsylvania, in the United States; it is located at the confluence of the Monongahela and Youghiogheny rivers and is part of the Pittsburgh Metro Area. The population was 19,731 at the 2010 census...
, Mr. Stevens is a summa cum laude graduate of Slippery Rock University
Slippery Rock University of Pennsylvania
Slippery Rock University of Pennsylvania is a public, master's-level university that offers some doctoral programs in cooperation with Indiana University of Pennsylvania. Both institutions are members of the Pennsylvania State System of Higher Education...
from which he received the Distinguished Alumni Award. He earned a master's degree in engineering and management from the Polytechnic University of New York and, with a Fairchild Fellowship, earned a master's degree in business administration from Columbia Business School
Columbia Business School
Columbia Business School is the business school of Columbia University in Manhattan, New York City. It was established in 1916 to provide business training and professional preparation for undergraduate and graduate Columbia University students...
in 1987. He is a graduate of the Department of Defense Systems Management College Program Management course and also served in the United States Marine Corps
United States Marine Corps
The United States Marine Corps is a branch of the United States Armed Forces responsible for providing power projection from the sea, using the mobility of the United States Navy to deliver combined-arms task forces rapidly. It is one of seven uniformed services of the United States...
. He has been recognized by the National Management Association as Executive of the Year, by Government Computer News as the Industry Executive of the Year, by the Partnership for Public Service with the Private Sector Council Leadership Award, and by the Marine Corps Scholarship Foundation with the Globe and Anchor Award.
Career
Robert J. Stevens serves as Chairman and Chief Executive Officer of Lockheed Martin. He has held a variety of increasingly responsible executive positions with the Corporation, including President and Chief Operating Officer, Chief Financial Officer, and head of Strategic Planning through a career that has included experience in program management, finance, manufacturing, and operations.Mr. Stevens is a Fellow of the American Astronautical Society, the American Institute of Aeronautics and Astronautics, the Royal Aeronautical Society, and the International Academy of Astronautics. He serves on the International Advisory Boards of the Atlantic Council and the British-American Business Council and serves as a member of the Aerospace Industries Association’s Board of Governors. He is a member of the Council on Foreign Relations, is Lead Director of the Monsanto Company, and a member of the Board of Directors of the Congressional Medal of Honor Foundation. Mr. Stevens also served on President Bush's Commission to Examine the Future of the United States Aerospace Industry.
In October 2000 Stevens became President and Chief Operating Officer when Louis R. Hughes resigned after only 6 months. During 2001 and 2002, Stevens served on President Bush’s
George W. Bush
George Walker Bush is an American politician who served as the 43rd President of the United States, from 2001 to 2009. Before that, he was the 46th Governor of Texas, having served from 1995 to 2000....
Commission on the Future of the United States Aerospace Industry
Commission on the Future of the United States Aerospace Industry
The Commission on the Future of the United States Aerospace Industry was formed jointly by United States President George W. Bush and the United States Congress in 2001...
. On August 5, 2004, he was elected Chief Executive Officer of Lockheed Martin
Lockheed Martin
Lockheed Martin is an American global aerospace, defense, security, and advanced technology company with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in Bethesda, Maryland, in the Washington Metropolitan Area....
by its board of directors, succeeding Vance Coffman. In 2004, he was recognized by the National Management Association
National Management Association
The National Management Association was founded in 1925 by Mr. Charles F. Kettering. Initially named the National Association of Foreman, NMA is a national, non-profit leadership development organization headquartered in Dayton, Ohio with a membership of over 22,000.- History :In 1919, Charles F...
as Executive of the Year. He was elected Chairman on April 28, 2005, retaining his previous responsibilities as President and CEO. He has held a variety of executive positions including Chief Operating Officer, Chief Financial Officer, and head of Strategic Planning.
While CEO of Lockheed Martin in 2008, Robert J. Stevens earned a total compensation of $22,863,062, which included a base salary of $1,774,038, a cash bonus of $12,817,750, stocks granted of $2,992,360, options granted of $4,827,500, and other compensation of $451,414. In 2009, Stevens earned a total compensation of $20,473,451, which included a base salary of $1,834,615, a cash bonus of $9,146,000, stocks granted of $2,558,120, options granted of $6,564,800, and other compensation of $369,916.
In 2009, Mr. Stevens was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency.