Marillyn Hewson

Last updated

Marillyn Hewson
Marillyn Hewson.jpg
Hewson in 2014
Born
Marillyn Adams

(1953-12-27) December 27, 1953 (age 71)
Junction City, Kansas, U.S.
Education University of Alabama (BS, MA)
OccupationBusiness executive
Predecessor Robert J. Stevens
Successor James D. Taiclet
SpouseJames Hewson
Children2
Website Marillyn A. Hewson, Executive Chairman at the Wayback Machine (archived February 13, 2021)
Signature
Marillyn Hewson signature.png
Hewson participates in a White House panel discussing workforce development on March 6, 2019 The American Workforce Policy Advisory Board Meeting (40344753773).jpg
Hewson participates in a White House panel discussing workforce development on March 6, 2019

Marillyn Adams Hewson (born December 27, 1953) [1] is an American businesswoman who served as the chairman, president and chief executive officer (CEO) of Lockheed Martin from January 2013 to June 2020. [2] [3]

Contents

Biography

Early life and education

Hewson was born in Junction City, Kansas to Warren Adams and Mary Adams. Her father died when she was nine years old and her mother, a former WAC, raised five siblings, then aged five to 15. Hewson credits her mother's resilience, hard work, and determination with teaching her leadership skills and wrote, in "A mother's resilience", for Politico , in 2013, that "My mother did what all great leaders do: she sparked the growth of future leaders." [4]

She earned her Bachelor of Science degree in business administration and her Master of Arts degree in economics from the University of Alabama. She also attended the Columbia Business School and Harvard Business School executive development programs. [5]

Career

Hewson joined the Lockheed Corporation in 1983 after 4 years as an economist at the Bureau of Labor Statistics. [6] She has held a variety of executive positions with the company, including President and Chief Operating Officer, Executive Vice President of Lockheed Martin's Electronic Systems business area, President of Lockheed Martin Systems Integration, Executive Vice President of Global Sustainment for Lockheed Martin Aeronautics, President and General Manager of Kelly Aviation Center, L.P., and President of Lockheed Martin Logistics Services. [7] On November 9, 2012, she was elected to Lockheed Martin's board of directors. [8] She subsequently served as CEO from January 2013 until June 2020. [9] She has also served on the board of directors for Sandia National Laboratories since 2010 and DuPont since 2007. [10] During her tenure as CEO, Lockheed's stock value increased more than 300%. [11] [12]

In July 2015, Hewson announced Lockheed's purchase of Sikorsky Aircraft, the producers of Sikorsky UH-60 Black Hawk helicopters, giving Lockheed its own helicopter building capability. Hewson also shifted more company efforts towards building military hardware. [12] Hewson joined the board of Johnson & Johnson in 2019. [13]

On March 16, 2020, Lockheed announced that Hewson would become the executive chair of the board and be replaced as CEO on June 15. [14] James Taiclet will take the lead after Hewson. [15] [16]

Recognition

In 2010, 2011, 2012, and 2015 she was named by Fortune magazine as one of the "50 Most Powerful Women in Business". [17] In the September 15, 2015, issue of Fortune, Hewson was ranked 4th. [12] In 2018, Hewson was named the most powerful woman in the business world by Fortune. [18]

Hewson was named the 21st most powerful woman in the world by Forbes in 2014, and, in 2015, as the 20th most powerful woman in the world. [19] In 2018, she was named the ninth most powerful woman in the world by Forbes. [19] In 2019 she was listed as number 10. [20]

Hewson was inducted into the 2017 edition of the Wash100 for international market focus and F-35 leadership. [21]

In 2017, Hewson was listed at #35 on the Harvard Business Review "The Best-Performing CEOs in the World 2017" list. [22]

Hewson was named "CEO of the Year" for 2018 by Chief Executive magazine, and was a member of the selection committee for 2019. [23]

In 2018, Hewson was also awarded the Edison Achievement Award for her leadership and achievements in making a lasting contribution to the world of innovation. [24]

Hewson was named one of Time magazine's 100 Most Influential People of 2019. [25]

In 2019, Hewson received the Golden Plate Award of the American Academy of Achievement presented by General Joseph Ralston, USAF, former Supreme Allied Commander Europe. [26] [27]

Hewson was honored with the Aviation Week & Space Technology 2021 Philip J. Klass Award for Lifetime Achievement. [28]

Personal

Hewson is married to James R. Hewson and lives in McLean, Virginia, as of 2020. [29] The couple has two sons. [1]

Related Research Articles

The Lockheed Martin Corporation is an American defense and aerospace manufacturer with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in North Bethesda, Maryland. As of January 2022, Lockheed Martin employs approximately 115,000 employees worldwide, including about 60,000 engineers and scientists. Reports from 2024 estimate that Lockheed Martin Corporation (LMT) holds a market cap of around $139.7 billion.

Robert J. Stevens, is a retired executive chairman of Lockheed Martin. He was the chairman, president and chief executive officer (CEO) of Lockheed Martin from 2004 until 2013, when Marillyn Hewson became CEO and president.

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References

  1. 1 2 West, Karl (August 4, 2013). "The woman at the heart of America's killing machine". The Sunday Times.
  2. ↑ "Lockheed Martin Board Elects Marillyn Hewson CEO & President and Member of the Board, (Christopher Kubasik Resigns)". November 9, 2012. Archived from the original on December 10, 2015. Retrieved April 25, 2014.
  3. ↑ Imbert, Amanda Macias,Fred (March 16, 2020). "Lockheed Martin's Hewson to step down as CEO". CNBC. Retrieved August 21, 2023.{{cite web}}: CS1 maint: multiple names: authors list (link)
  4. ↑ "A mother's resilience". Politico . September 19, 2013. Archived from the original on June 26, 2019. Retrieved June 27, 2019.
  5. ↑ "Marilyn A. Hewson". Lockheed Martin. Archived from the original on February 13, 2021. Retrieved February 1, 2021.
  6. ↑ "Marillyn Hewson interview by David Rubenstein May 23 2018". www.youtube.com. May 23, 2018. Archived from the original on January 7, 2021. Retrieved May 26, 2020.
  7. ↑ "Marillyn A. Hewson". www.lockheedmartin.com. Archived from the original on November 14, 2017. Retrieved November 15, 2017.
  8. ↑ "Lockheed Martin Corporate Bio: Marillyn A. Hewson". Archived from the original on August 11, 2020. Retrieved March 19, 2013.
  9. ↑ "More On Marillyn Hewson, Lockheed Martin's Next CEO". The Wall Street Journal. Archived from the original on November 21, 2017. Retrieved August 4, 2017.
  10. ↑ "Marillyn A. Hewson: Executive Profile & Biography - Businessweek". Businessweek.com. Archived from the original on September 24, 2015. Retrieved August 11, 2015.
  11. ↑ "Marillyn Hewson". Forbes. Archived from the original on December 15, 2015. Retrieved May 26, 2020.
  12. 1 2 3 Bellstrom, Kristen (September 15, 2015). "Fortune's Most Powerful Women List". Fortune.
  13. ↑ "Marillyn Hewson". Fortune. Archived from the original on October 25, 2019. Retrieved October 25, 2019.
  14. ↑ Etherington, Darrell (March 16, 2020). "Lockheed Martin CEO Marilyn Hewson to be succeeded by board member James Taiclet". TechCrunch.com. Archived from the original on October 30, 2020. Retrieved March 16, 2020.
  15. ↑ "Marillyn Hewson is stepping down as Lockheed Martin CEO". al. March 16, 2020. Archived from the original on March 18, 2020. Retrieved March 17, 2020.
  16. ↑ Cameron, Doug (March 16, 2020). "Lockheed Martin Names New CEO". Wall Street Journal. ISSN   0099-9660. Archived from the original on March 17, 2020. Retrieved March 17, 2020.
  17. ↑ "Fortune Magazine's 2012 "50 Most Powerful Women in Business"". CNN. Archived from the original on March 30, 2013. Retrieved March 19, 2013.
  18. ↑ "Most Powerful Women Marillyn Hewson". fortune.com. Fortune. Archived from the original on June 30, 2019. Retrieved June 27, 2019.
  19. 1 2 "The World's 100 Most Powerful Women". Forbes. Archived from the original on December 15, 2015. Retrieved June 27, 2019.
  20. ↑ "World's Most Powerful Women". Forbes. Archived from the original on September 20, 2017. Retrieved December 17, 2019.
  21. ↑ SOLUTIONS, GEEKO' IT. "Wash100". Wash100. Archived from the original on September 15, 2017. Retrieved September 14, 2017.
  22. ↑ "The Best-Performing CEOs in the World 2017". Harvard Business Review. November 2017. Archived from the original on April 19, 2021. Retrieved January 2, 2018.
  23. ↑ Hougaard, Rasmus (April 23, 2019). "What The CEO Of 2019 Thinks About Caring For His People". Forbes. Archived from the original on June 27, 2019. Retrieved June 27, 2019.
  24. ↑ "Edison Achievement Award 2018". Edison Awards. Archived from the original on April 14, 2018. Retrieved April 13, 2018.
  25. ↑ "Marillyn Hewson: The 100 Most Influential People of 2019". TIME. Archived from the original on September 20, 2020. Retrieved September 22, 2020.
  26. ↑ "Golden Plate Awardees of the American Academy of Achievement". www.achievement.org. American Academy of Achievement. Archived from the original on December 15, 2016. Retrieved October 6, 2020.
  27. ↑ "2019 Summit Highlights Photo: General Joseph W. Ralston, USA, former Supreme Allied Commander Europe, presents the Golden Plate Award to Marillyn A. Hewson, the Chairman, President and CEO of Lockheed Martin, at the Banquet of the Golden Plate gala". American Academy of Achievement. Archived from the original on September 19, 2020. Retrieved October 6, 2020.
  28. ↑ "Aviation Week Presents 2021 Laureates As Industry Emerges From Storm". Aviation Week Network. November 1, 2021.
  29. ↑ "Lockheed Martin (NYSE: LMT) CEO Marillyn Hewson buys McLean estate for $5.45 million - Washington Business Journal". Archived from the original on April 24, 2018.
Business positions
New creation Executive Chairman of Lockheed Martin
2020-present		Incumbent
Preceded by Chairman, President, and Chief Executive Officer of Lockheed Martin
2013-2020		Succeeded byas President and CEO
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