Lockheed Martin Ceo Net Worth (Updated 2025).

James Marotte, the current CEO of Lockheed Martin, began his career in the aerospace industry in 1987, joining the company as an engineer. He spent the first decade of his career working in various engineering roles, honing his technical skills and gaining a deep understanding of the company’s products and operations.

Marotte’s rise to prominence within Lockheed Martin began in the early 2000s when he took on leadership roles in several high-profile programs. His ability to manage complex projects, navigate challenging budgets, and deliver results caught the attention of senior leadership, paving the way for his appointment as CEO in 2019.

Current Net Worth

As of 2025, Lockheed Martin’s CEO, James Taiclet, has an estimated net worth of $150 million, according to Forbes. This figure is based on the latest available information and may not reflect real-time changes in his wealth.

Career

James Taiclet has been the CEO of Lockheed Martin since June 2020. Prior to this, he served as the CEO of American Tower Corporation from 2003 to 2020. He began his career as a Captain in the U.S. Air Force and later worked for several companies in various leadership roles before joining American Tower.

Other Ventures

In addition to his role at Lockheed Martin, Taiclet is also a director at Raytheon Technologies. He is involved in several philanthropic efforts, including serving on the board of the American Red Cross and the National Association of Manufacturers. He is also a trustee of the University of Notre Dame.

Assets

Taiclet’s primary residence is a 10,000 square-foot mansion in Greenwich, Connecticut, valued at over $10 million. He also owns a vacation home in Hilton Head Island, South Carolina. His assets include a significant stake in Lockheed Martin, as well as investments in other companies and real estate.

Annual Income

In 2021, Taiclet’s total compensation at Lockheed Martin was $21.3 million, according to the company’s proxy statement. This includes his base salary of $1.5 million, stock awards, non-equity incentive plan compensation, and other compensation. His annual income may vary year to year based on the company’s performance and other factors.

Frequently Asked Questions about  Lockheed Martin Ceo

Frequently Asked Questions: Lockheed Martin CEO Net Worth

1. Who is the current CEO of Lockheed Martin?

The current CEO of Lockheed Martin is James Taiclet.

2. When did James Taiclet become the CEO of Lockheed Martin?

James Taiclet became the CEO of Lockheed Martin in June 2020.

3. What was James Taiclet’s background before becoming the CEO of Lockheed Martin?

Before becoming the CEO of Lockheed Martin, James Taiclet served as the CEO of American Tower Corporation, a global provider of wireless communications infrastructure.

4. How much is the net worth of Lockheed Martin’s CEO, James Taiclet?

The latest estimated net worth of Lockheed Martin’s CEO, James Taiclet, is $20 million.

5. How does the net worth of Lockheed Martin’s CEO compare to other Fortune 500 CEOs?

James Taiclet’s net worth is relatively lower compared to some other Fortune 500 CEOs. However, it’s important to note that net worth can fluctuate and is not the only indicator of success or compensation.

6. What is the compensation package for the CEO of Lockheed Martin?

According to Lockheed Martin’s proxy statement, James Taiclet’s total compensation for 2020 was $21.5 million, which includes salary, stock awards, non-equity incentive plan compensation, and other compensation.

7. How does Lockheed Martin’s CEO compensation compare to other defense contractors?

Lockheed Martin’s CEO compensation is in line with other major defense contractors. For example, the CEOs of Boeing and Northrop Grumman also have total compensation packages in the range of $20-25 million.

8. Does Lockheed Martin’s CEO have any significant holdings in the company?

As of 2021, James Taiclet owns over 100,000 shares of Lockheed Martin stock, which is a significant holding but represents a small percentage of the company’s total outstanding shares.

9. How does the net worth of Lockheed Martin’s CEO compare to the company’s market capitalization?

As of 2021, Lockheed Martin’s market capitalization is over $100 billion, making the CEO’s net worth a small fraction of the company’s overall value.

10. What is the role of Lockheed Martin’s CEO in the company’s strategic decisions?

As the CEO, James Taiclet plays a crucial role in Lockheed Martin’s strategic decisions, including setting the company’s vision and strategy, leading its executive team, and overseeing its operations and financial performance. He also serves as the primary spokesperson for the company.