Marillyn Hewson Biography
Marillyn Hewson is an American businesswoman who serves as a strategic advisor to the CEO of Lockheed Martin, an aerospace and defense manufacturing corporation. From January 2013 to June 2020, she served as chairman, president, and CEO. She stepped down as executive chairman and a member of the board of directors on March 1, 2021.
How old is Marillyn Hewson? – Age
She is 68 years old as of 2022. She was born in 1954 in Junction City, Kansas, United States. Her real name is Marilyn Adams Hewson.
Marillyn Hewson Family – Education
She is the daughter of Warren and Mary Adams. Her father died when she was nine years old, and her mother, a former WAC, raised her five siblings, who ranged in age from five to fifteen years old at the time. Hewson attributes her leadership qualities to her mother’s perseverance, hard work, and tenacity, writing for Politico in 2013 in “A mother’s resilience,” that “My mother did what all great leaders do: she spurred the rise of future leaders.”
She graduated from the University of Alabama with a Bachelor of Science in business administration and a Master of Arts in economics. She also completed executive development programs at Columbia Business School and Harvard Business School.
Marillyn Hewson Husband
Hewson is married to James R. Hewson and lives in McLean, Virginia.
Marillyn Hewson House
She together with her husband purchased a home in McLean, and they decided to sell their Potomac property, which they had bought for $3.4 million in 2010. According to public documents, a trust associated with James Hewson sold the house for $2.7 million late last year, indicating the couple lost $700,000 when they crossed the Potomac River.
The property, which was completed in 1998 and has seven bedrooms and nine bathrooms, is located in the Rapley Preserve subdivision, which is gated. According to the listings, it has an elevator and a separate apartment. Wendy Banner of Long & Foster Real Estate listed the 15,379-square-foot home on just under an acre; she did not respond to an email requesting comment. It was advertised for $3.2 million by the Hewson’s, who declined to comment through a Lockheed spokesman.
Is Marillyn Hewson a good leader? – Leadership Style
She was ranked second on Fortune magazine’s list of the Most Powerful Women, behind Hewson. Barra began working for the carmaker as a student in 1980 and rose through the ranks to become CEO in 2014. She has led General Motors (pardon the pun) into electric automobiles, self-driving vehicles, and a ride-sharing service since taking the helm.
Barra has showed tremendous leadership resilience in the face of numerous obstacles throughout her five-year stint at the helm. Soon after she took over as CEO, the business was compelled to recall 2.6 million vehicles due to a lethal flaw in earlier vehicles that resulted in many deaths. In fact, Barra believes that the experience changed her entire leadership style.
It compelled her to change the company’s long-standing culture, in which employees were afraid to express their complaints about the company’s operations. She established a “Speak Up For Safety” hotline where individuals may easily and swiftly report vehicle-related problems. Barra also exemplifies how CEOs don’t have to be selfish, domineering, or overbearing. She exemplifies modest, unassuming leadership, is eager to collaborate with others and is always willing to give credit where credit is due. She exudes a serene assurance that makes people want to put their trust in her.
Marillyn Hewson Career
After four years as an economist at the Bureau of Labor Statistics, Hewson joined Lockheed in 1983. 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 are among the executive positions she has held at the company. She was elected to the board of directors of Lockheed Martin on November 9, 2012. From January 2013 to June 2020, she was the company’s CEO. Since 2010, she has also sat on the boards of directors of Sandia National Laboratories and DuPont.
Lockheed’s stock value soared by more than 300 percent during her term as CEO. Hewson announced Lockheed’s acquisition of Sikorsky Aircraft, the maker of the Sikorsky UH-60 Black Hawk helicopters, in July 2015, giving Lockheed its own helicopter manufacturing capability. Hewson also moved the company’s focus to military gear development. Hewson joined Johnson & Johnson’s board of directors in 2019. Hewson will become the executive chair of the board of directors on March 16, 2020, and will be replaced as CEO on June 15, 2020, according to Lockheed. After Hewson, James Taiclet will seize the lead.
Fortune magazine named her one of the “50 Most Powerful Women in Business” in 2010, 2011, 2012, and 2015. Hewson was ranked fourth in Fortune magazine on September 15, 2015. Fortune magazine ranked Hewson the most powerful woman in business in 2018. Forbes named Hewson the 21st most powerful woman in the world in 2014 and the 20th most powerful woman in the world in 2015. Forbes called her the ninth most powerful woman in the world in 2018. She was ranked number ten in 2019.
Hewson was named to the Wash100 in 2017 for his worldwide market focus and F-35 leadership. Hewson was ranked #35 on the Harvard Business Review’s 2017 list of “The Best-Performing CEOs in the World.” Hewson was named “CEO of the Year” by Chief Executive magazine in 2018, and he served on the 2019 selection committee.
Hewson was also honored with the Edison Achievement Award in 2018 for her contributions to the realm of innovation through her leadership and accomplishments. Hewson was selected to Time magazine’s 2019 list of the 100 Most Influential People. General Joseph Ralston, USAF, former Supreme Allied Commander Europe, presented Hewson with the Golden Plate Award of the American Academy of Achievement in 2019.
How much money does Marillyn Hewson make? – Salary
She earns an annual salary of $30,914,000.
Marillyn Hewson Net Worth
She has an estimated net worth of $116 Million.