general dynamics ceo net worth02 Apr general dynamics ceo net worth
Previously, as Chief Operating Officer, he spearheaded Boston Dynamics' entrance into logistics automation with the development. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. We also aim to spotlight various federal government employees and interview key government executives whose impact resonates beyond their agency. Early in the 1990s, they liquidated practically all of their assets, except for the military-vehicle and submarine operations. Ms. Novakovics current service as a public company director provides her with a valuable perspective on corporate governance matters and the roles and responsibilities of a public company board. M Amy Gilliland is President at General Dynamics Information Technology. The products and services of General Dynamics are utilized daily to protect people all around the world. Henry Crown, still GD's largest shareholder, died on 15 August 1990. In 1970, the board brought in McDonnell Douglas president Dave Lewis (no relation) as chairman and CEO, who served until retiring in 1985.[6]. History of General. A good portion of the money she makes is in company equity, not cash, How TikTok Owner ByteDance Plans to Tackle Gaming, The 20 Most Notable University of Florida Alumni in Business, 20 Things You Didnt Know about Matthew McConaughey, Philip Krim: 10 Things You Didnt Know about Caspers CEO, Five Companies Leading the Way in Deepfake Technology. 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). Oct 2020 - Mar 20221 year 6 months. (To get more details on her email address, age, and net worth, keep reading the wiki). For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. In 2004, General Dynamics bid for the UK company Alvis plc, the leading British manufacturer of armored vehicles. Phebe Novakovic is a powerful woman, there is simply no doubt about that. 1993 Fort Worth Division, a producer of fixed-wing military aircraft, was sold to, 1993 Space Systems Division was sold to. Dr. Robert Playter is CEO of Boston Dynamics. [33], General Dynamics has been accused by groups such as Code Pink and Green America of "making money from human suffering by profiting off the migrant children held at U.S. detention camps"[34] due to its IT services contracts with the Department of Health and Human Services' Office of Refugee Resettlement, the government agency that operates shelters for unaccompanied children to include those separated from their families as part of the Trump administration family separation policy. In 1997, General Dynamics acquired Computing Devices Ltd based in Hastings, England which had developed avionics and mission systems for the Panavia Tornado, British Aerospace Harrier II and Hawker Siddeley Nimrod. 94 in 2022.[3]. General Dynamics' executive leadership is committed to creating shareholder value and delivering superior products and services to our customers. [9] Canadair was acquired by Bombardier Inc. in 1986. The board of directors at GD unanimously authorized his appointment to President on January 1, 2019, following his tenure as Vice President of Engineering for General Dynamics Mission Systems. [12][13], Hopkins fell seriously ill during 1957 and was eventually replaced by Frank Pace later that year. This is a company that's been around for decades, so long that many people actually take it for granted. Shortly after the takeover, Canadair began delivering its new Canadair North Star (a version of the Douglas DC-4) and was able to deliver aircraft to Trans-Canada Airlines, Canadian Pacific Airlines, and British Overseas Airways Corporation (BOAC) well in advance of their contracted delivery times.[8]. General Dynamicss culture encourages innovation, agility, and diversity. As a matter of fact, the majority of that twenty billion dollars was in company equity, not cash. The land-based F-111 first flew in December 1964; the carrier-capable F-111B flew in May 1965, but proved overweight and underpowered for the navy's needs. With over 10 years experience he's covered businesses, CEOs, and investments. That outpaced gains in pay for male CEOs, which went up 18% to $14.4 million that year. Chris Bentley Vice President, Commercial Steve Rowbotham Vice President, Adavanced Projects and Technologies Dave Allen Senior Director Business Development Rebecca Lewis Finance Director Report incorrect company information Key Executive Tracking That's a notable . She is an MBA from the Wharton School University of Pennsylvania. $200 per post at $10/CPM. In 2020, her total compensation reportedly was around 19 million USD. [2] The company is a Fortune 100 company, and was ranked No. The remaining Convair Aircraft Structure unit was sold to McDonnell Douglas in 1994. "[31] On 30 January 2019, CEO Phebe Novakovic warned investors that the matter had "significantly impacted" the company's cash flow because Saudi Arabia was nearly $2 billion in arrears on its payments. [14], GD subsequently reorganized into Eastern Group in New York City and Western Group in San Diego, California, with the latter taking over all of the aerospace activities and dropping the Convair brand name from its aircraft in the process. [7], In 1906, Electric Boat subcontracted submarine construction to the Fore River Shipyard in Quincy, Massachusetts, to build the submarines they had designed and won contracts for. In 1976, General Dynamics sold the struggling Canadair back to the Canadian government for $38 million. ExecutiveGov serves as a news source for the hot topics and issues facing federal government departments and agencies such as Gov 2.0, cybersecurity policy, health IT, green IT and national security. General Dynamics executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Jack Billion is a renowned American politician who ran as the Democratic Party's nominee for governor of South Dakota in 2006. Through her roles as chairman and chief executive officer, president and chief operating officer, and executive vice president, Marine Systems, she has developed a deep understanding of the companys business operations, growth opportunities, risks and challenges. The first submarine built in Groton to be delivered to the U.S. Navy was USS Cuttlefish in 1934. [26] The sale has been criticized by political opponents because of the Saudi Arabian-led intervention in Yemen. $80 Billion. Video games are big business. Forbes listed her among the most powerful women in the world in 2018. General Dynamics employs more than 100,000 people worldwide and generated $37.9 billion in revenue in 2020. Researchers have successfully grown cartilage-bone grafts in the lab that can be used to repair damaged joints. The net worth of General Dynamics as of September 23, 2022, was $60.86 billion. In March the board of Alvis Vickers voted in favor of the 309m takeover. The Society for Science & the Public is awarding nearly $350,000 to help students of different races and ethnicities in STEM and students from low-income households and underserved groups. American businesswoman and former intelligence officer, Wharton School of the University of Pennsylvania, "The World's Most Powerful Women In Business 2018: Driving Change From The Corner Office", "Phebe Novakovic provided plane take Saric Podgorica", "Outstanding Alumnae Named 2016 Smith Medalists", https://en.wikipedia.org/w/index.php?title=Phebe_Novakovic&oldid=1129486807, American chief executives of Fortune 500 companies, People of the Central Intelligence Agency, United States Department of Defense officials, Wharton School of the University of Pennsylvania alumni, Articles containing Serbian-language text, Articles with unsourced statements from July 2022, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 25 December 2022, at 17:16. Before becoming Vice President of General Dynamics in October 2018, he served in a variety of leadership positions. Their median pay for Fortune 500 female CEOs rose 26% to $15.8 million in 2021. ExecutiveGov, published by Executive Mosaic, is a site dedicated to the news and headlines in the federal government. On a January 26 earnings call, . It also offers access to a vast array of products and services. A few years later, he supervised the companys designers and engineers in the creation of the Astute-class submarine at Electric Boat. Lewis required that the company headquarters move to St. Louis, Missouri, which occurred in February 1971.[17]. Between 1917 and 1924, the company was named Submarine Boat Corporation. In 2018, Novakovic led General Dynamics in its $9.8 billion acquisition of IT firm CSRA. Phebe's mailing address filed with the SEC is 383 MADISON AVENUE, , NEW YORK, NY, 10179-0001. The company emphasizes excellence in program management and continual improvement in all of its operations. It provides tanks, rockets, missiles, submarines, warships, fighters, and electrical devices to the United States armed forces. Of this total $1,671,250 was received as a salary, $6,074,000 was received as a bonus, $4,350,097 was received in stock options, $11,045,739 was awarded as stock and $412,776 came from other types of compensation. Mark Sutton is the Chief Executive Officer of International Paper. Read about how we use cookies and how you can control them on our Privacy Policy. A General Dynamics Corp. shareholder meeting in May turned contentious when an antiwar activist confronted CEO Phebe Novakovic over the company's arms sales to Saudi Arabia and other repressive . The average General Dynamics Information Technology executive compensation is $230,757 a year.The median estimated compensation for executives at General Dynamics Information Technology including base salary and bonus is $232,267, or $111 per hour. This has given her the opportunity to have a diverse career that has encompassed many different things, none of which have been easy to achieve. It was up for sale, and Hopkins bought the company for $10 million in 1946. He is a very diverse actor that has starred in a wide range of movies from different genres. When she decided to exit the Central Intelligence Agency, she went to work for General Dynamics and it didnt take her long to find herself in a position of leadership. [37], It was announced in September 2018 that the U.S. Navy awarded contracts for 10 new Arleigh Burke-class destroyers from General Dynamics Bath Iron Works and Huntington Ingalls Industries. Effective 2020, Former Chief Operating Officer Danny Deep took over the President role of Land Systems division at General Dynamics. That applies in this case as well. Phebes parents reside in Villanova, Pennsylvania. In short, we have a long way to go. The remains of the Convair Division were simply closed in 1996. David Paddock has been appointed Vice President of Jet Aviation by General Dynamics, a position that requires him to supervise approximately 4,000 aviation experts He ensures that the firm can give clients highly innovative aircraft for safe and hassle-free travel. 10 Things You Didn't Know about General Dynamics CEO Phebe Novakovic. [16] With the naval version not accepted, production estimates for 2,400 F-111s including exports were sharply reduced, but GD still made a $300-million profit on the project. The company's products include Gulfstream business jets, Virginia- and Columbia-class nuclear-powered submarines, Arleigh Burke-class guided-missile destroyers, M1 Abrams tanks and Stryker armored fighting vehicles. The most recent insider tranaction occured on January, 27th when VP Mark Lagrand Burns sold 27,600 shares worth more than $6,263,268.00. The most recent stock trade was executed by Mark Lagrand Burns on 27 January 2023, trading 27,600 units of GD stock currently worth $3,749,460. 5.60%. Phebe Novakovic Read Edit View history Phebe Novakovic is an American businesswoman and former intelligence officer. The charts on this page feature a breakdown of the total annual pay for the top executives at GENERAL DYNAMICS CORP as reported in their proxy statements. Healthcare of Ontario Pension Plan Trust Fund's holdings in General Dynamics were worth $658,000 as of its most recent SEC filing. At the end of 2021, ZAI was the 4th largest P&C . On this Wikipedia the language links are at the top of the page across from the article title. In October 2019, Kevin Graney became the President of General Dynamics Electric Boat. General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles,. Phebe Novakovic is 62, she's been the Chairman of the Board and Chief Executive Officer of General Dynamics since 2013. IMAGE SOURCE: GENERAL DYNAMICS . Under her leadership, GD focused on developing military hardware and business jets to turn profitable. 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 her, it was just the beginning. Boeing CEO Email & Net Worth Dennis Muilenburg. Under his leadership, Boston Dynamics is transforming its world-leading robotics R&D into an industry-leading commercial organization with its first robot offering, Spot. GENERAL DYNAMICS CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Smith has served as President of one of the companys subsidiaries, Jet Aviation, in the past. During her latter years as SVP (2010-2012), she also held the position of Executive Vice President of Marine Systems. For most people, this job would be exciting enough and there would be no need to prove themselves further after the fact. The 19 business leaders on Forbes annual list of the Most Powerful Women in the World are driving their companies through social and technological changes such as consumers adopting healthier habits and nations setting ambitious goals for renewable energy. Executive Gov provides you with Free Daily Updates and News Briefings about Articles, Receive the Daily News Briefing And Events Updates Straight to Your Inbox. [3] He is a seasoned leader who has worked on the development, manufacture, and maintenance of the most advanced combat platforms. Phebes husband David Morrison took retirement from his job of Chief Lobbyist at Boeing and went to study Divinity at Princeton Theological Seminary. GD has pulled out of the bidding for several contracts, including the $30 billion to $40 billion U.S. Air Force T-X trainer program, which Novakovic and her team decided were either out of their. General Dynamics has appointed Ira P. Berman as Gulfstream Aerospaces senior vice president of administration and general counsel. This site uses Akismet to reduce spam. Phebe Novakovic is an American businesswoman and former intelligence officer. [15] Grumman went on to use many of the innovations of the F-111 in the F-14 Tomcat,[6] an aircraft designed solely as a carrier-borne fighter. [citation needed], Electric Boat was cash-flush but lacking in work following World War II, during which it produced 80 submarines for the Navy, with its workforce shrinking from 13,000 to 4,000 by 1946. It is now a major supplier of armored vehicles of all types, including the M1 Abrams, LAV 25, Stryker, and a wide variety of vehicles based on these chassis. That should tell you something about her work ethic. Phebe N. Novakovic Chairman and Chief Executive Officer, Christopher Marzilli Executive Vice President of Technologies, Mark C. Roualet Executive Vice President of Combat Systems, Robert E. Smith Executive Vice President of Marine Systems, Danny Deep Vice President and President for Land Systems, Christopher J. Brady Vice President and President for Mission Systems, David Paddock Vice President and President for Jet Aviation, Firat H. Gezen Vice President and President for Ordnance and Tactical Systems, Gregory S. Gallopoulos Senior Vice President, General Counsel, and Secretary, Jason W. Aiken Senior Vice President and Chief Financial Officer, Kimberly A. Kuryea Senior Vice President, Human Resources and Administration, Ira P. Berman Vice President, Senior Vice President of Administration, and General Counsel for Gulfstream Aerospace, Mark L. Burns Vice President and President for Gulfstream Aerospace, Kevin M. 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