On Air Now

Current Show

The Weekend   12:00 PM - 3:00 PM

Call the Weekend at 1-800-501-7080

Show Info »

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 550 AM Wausau, WI 99.9 FM Stevens Point, WI

Weather

Current Conditions(Wausau,WI 54403)

More Weather »
73° Feels Like: 73°
Wind: ESE 10 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Cloudy 78°

Tonight

Mostly Cloudy 65°

Tomorrow

AM Clouds/PM Sun 84°

Alerts

Lockheed CEO Hewson earned $25.2 million in 2013

Newly elected Lockheed Chairman Marillyn Hewson comments during an interview with Reuters in Washington, December 16, 2013. REUTERS/Stelios
Newly elected Lockheed Chairman Marillyn Hewson comments during an interview with Reuters in Washington, December 16, 2013. REUTERS/Stelios

(Reuters) - Weapons maker Lockheed Martin Corp paid Chief Executive Marillyn Hewson $25.2 million in 2013, more than doubling her compensation in her first year in the job, according to a regulatory filing.

Hewson's base salary jumped 85 percent to about $1.4 million last year. Her stock awards increased to about $8.2 million from about $877,000, Lockheed said in a filing with the U.S. Securities and Exchange Commission on Friday. (http://r.reuters.com/zek67v)

Hewson, who took the top job in January 2013, had a total package of $11.4 million in 2012, when she became chief operating officer.

She was made the CEO at an emergency board meeting after CEO-designate Chris Kubasik was fired for having an affair with a female subordinate.

(Reporting by Ankit Ajmera in Bangalore; Editing by Kirti Pandey)

Comments