Lockheed Martin (LMT) CEO Made $23 Million As Net Income Slipped

Investing

Published: March 5, 2010 4:46 pm

Last Updated: March 5, 2010 9:10 pm

Robert J. Stevens, the CEO of Lockheed Martin (LMT) made $23 million last year, according to the company’s proxy. Part of his compensation included use of corporate aircraft for personal reasons.

Lockheed Martin had a mediocre year. Net earnings fell to $3 billion, or $7.78 per share, from $3.2 billion, or $7.86 per share.

It’s good to be king.

Douglas A. McIntyre

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