Marillyn Hewson

Marillyn Adams Hewson (born December 27, 1953) is an American businesswoman, currently serving as executive chairman of aerospace and defense manufacturing company Lockheed Martin.[2] She had previously served as chairman, president and CEO from January 2013 to June 2020.[3][4]

Marillyn Hewson
Hewson in 2014
Born
Marillyn Adams#

(1953-12-27) December 27, 1953
EducationUniversity of Alabama, Tuscaloosa (BS, MA)
OccupationExecutive Chairman, Lockheed Martin
Net worth$95 million (January 2020)[1]
PredecessorRobert J. Stevens
SuccessorJames D. Taiclet (as President and CEO)
Spouse(s)James Hewson
WebsiteLockheed Martin
Hewson participates in a White House panel discussing workforce development on 6 March 2019

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."[5]

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.[6]

Career

Hewson joined the Lockheed Corporation in 1983 after 4 years as an economist at the Bureau of Labor Statistics.[7] 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.[8] On November 9, 2012, she was elected to Lockheed Martin's board of directors.[6] 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]

Personal

Hewson is married to James R. Hewson and lives in McLean, Virginia, as of 2020.[28]

References

  1. https://wallmine.com/people/32372/marillyn-a-hewson
  2. "Marilyn A. Hewson". Lockheed Martin. Retrieved February 1, 2021.
  3. "Lockheed Martin Board Elects Marillyn Hewson CEO & President and Member of the Board, (Christopher Kubasik Resigns)". 2012-11-09. Retrieved 2014-04-25.
  4. "Marillyn Adams Hewson: United States Public Records".
  5. "A mother's resilience". 2013-09-19. Retrieved 2019-06-27.
  6. "Lockheed Martin Corporate Bio: Marillyn A. Hewson". Retrieved 2013-03-19.
  7. "Marillyn Hewson interview by David Rubenstein May 23 2018". www.youtube.com. Retrieved 2020-05-26.
  8. "Marillyn A. Hewson". www.lockheedmartin.com. Retrieved 2017-11-15.
  9. "More On Marillyn Hewson, Lockheed Martin's Next CEO". The Wall Street Journal.
  10. "Marillyn A. Hewson: Executive Profile & Biography - Businessweek". Businessweek.com. Retrieved 2015-08-11.
  11. "Marillyn Hewson". Forbes. Retrieved 2020-05-26.
  12. Bellstrom, Kristen (September 15, 2015). "Fortune's Most Powerful Women List". Fortune.
  13. "Marillyn Hewson". Fortune. Retrieved 2019-10-25.
  14. Etherington, Darrell (March 16, 2020). "Lockheed Martin CEO Marilyn Hewson to be succeeded by board member James Taiclet". TechCrunch.com.
  15. "Marillyn Hewson is stepping down as Lockheed Martin CEO". al. 2020-03-16. Retrieved 2020-03-17.
  16. Cameron, Doug (2020-03-16). "Lockheed Martin Names New CEO". Wall Street Journal. ISSN 0099-9660. Retrieved 2020-03-17.
  17. "Fortune Magazine's 2012 "50 Most Powerful Women in Business"". CNN. Retrieved 2013-03-19.
  18. "Most Powerful Women Marillyn Hewson". fortune.com. Fortune. Retrieved 27 June 2019.
  19. "The World's 100 Most Powerful Women". forbes.com. Forbes. Retrieved 27 June 2019.
  20. "World's Most Powerful Women". Forbes. Retrieved 2019-12-17.
  21. SOLUTIONS, GEEKO' IT. "Wash100". Wash100. Retrieved 2017-09-14.
  22. "The Best-Performing CEOs in the World 2017". hbr.org. Retrieved 2018-01-02.
  23. Hougaard, Rasmus (April 23, 2019). "What The CEO Of 2019 Thinks About Caring For His People". Forbes. Retrieved June 27, 2019.
  24. "Edison Achievement Award 2018". Edison Awards. Retrieved 2018-04-13.
  25. "Marillyn Hewson: The 100 Most Influential People of 2019". TIME. Retrieved 2020-09-22.
  26. "Golden Plate Awardees of the American Academy of Achievement". www.achievement.org. American Academy of Achievement.
  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.
  28. https://www.bizjournals.com/washington/news/2018/03/22/marillyn-hewson-just-bought-this-mclean-estate-for.html
Business positions
New creation Executive Chairman of Lockheed Martin
2020-present
Incumbent
Preceded by
Robert J. Stevens
Chairman, President, and Chief Executive Officer of Lockheed Martin
2013-2020
Succeeded by
James Taiclet
as President and CEO
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