James D. Taiclet Explained

Jim Taiclet
Predecessor:Marillyn Hewson
Chairman, President & CEO of Lockheed Martin
Birth Name:James D. Taiclet
Birth Date:13 May 1960[1]
Birth Place:Pittsburgh, Pennsylvania, U.S.
Occupation:Business executive
Website:Lockheed Martin Leadership
Education:United States Air Force Academy (BS)
Princeton University (MA)
Signature:James D. Taiclet signature.png

James Donald Taiclet Jr. (born May 13, 1960) is an American business executive who has been the president and chief executive officer (CEO) of Lockheed Martin since June 2020, and chairman since March 2021.[2]

Early life

James Taiclet was born in Pittsburgh, Pennsylvania, in 1960.[3] His father, James Sr., served in the U.S. Army at the Wiesbaden Air Base in Germany, and later became a boilermaker[4] in Pittsburgh.[5] His mother, Mary Ann (née Foley), was a homemaker and school administrator.[6]

Taiclet graduated from the U.S. Air Force Academy in 1982 with a degree in engineering and international relations.[7] While at the academy, Taiclet played on the rugby team, serving as captain during his senior year.[8]

Taiclet earned a master's degree in public affairs from Princeton University.[9] [10] Taiclet has a fellowship at the Princeton School of Public and International Affairs.[11]

Military service

From 1985 to 1991, Taiclet was a pilot in the United States Air Force,[12] serving as aircraft commander, instructor pilot and unit chief of standardization and evaluation.[13] During Operation Desert Shield, he flew multiple missions[14] in a Lockheed C-141 Starlifter transport jet. His rotational assignments included the Joint Staff and Air Staff at the Pentagon.[15]

Business career

Taiclet first worked in the private sector as a management consultant at McKinsey & Co. from July 1991 to February 1996.[16] He then joined Pratt & Whitney as vice president of engine services until 1999, and was then president of Honeywell Aerospace Services until 2001.[17]

In 2001, American Tower recruited Taiclet for the role of chief operating officer. He was named chief executive officer of American Tower in October 2003 after the departure of Steven B. Dodge, and was selected as chairman in February 2004. He remained as CEO and on the board of American Tower until 2020.[18]

In 2018, Taiclet joined the board of directors of Lockheed Martin.[19]

In June 2020 Taiclet was named as CEO of Lockheed Martin, succeeding Marillyn Hewson.[20] He was named chairman of the company in January 2021.

On Feb. 16, China placed two companies, Lockheed Martin Corporation and Raytheon Missiles & Defense, on its unreliable entities list as they sold arms to Taiwan, banning them from engaging in China-related import or export activities and making new investments in China.

Senior executives of the two companies, including Taiclet, have since then been prohibited from entering China, as well as working, staying and residing in China.[21]

Other memberships

While he was CEO of American Tower, Taiclet and his wife supported the Newton-Wellesley Hospital Charitable Foundation[22] as well as the Charles River Center.[23] He also serves on the board of the Brigham and Women's Hospital[24] as a trustee.

Taiclet hold memberships on the boards of various non-profits and NGOs such as the Council on Foreign Relations,[25] Catalyst.org, the U.S.-India Business Council, the U.S.-India Strategic Partnership Forum,[15] and has attended the World Economic Forum.

Recognition

From 2013 to 2018, Taiclet was named to Harvard Business Review's list of Best-Performing CEOs in the World.[26]

Personal life

Taiclet runs and cycles for exercise.

Taiclet is a Pittsburgh Steelers fan.[27]

External links

Notes and References

  1. Web site: James D Taiclet Jr. from Wellesley, MA. Nuwber.com. February 21, 2022. January 18, 2022. https://web.archive.org/web/20220118223032/https://nuwber.com/person/563a7d0fa219445d52d81a73. live.
  2. Web site: January 3, 2023 . Board of Directors . April 11, 2023 . Lockheed Martin . en . April 15, 2023 . https://web.archive.org/web/20230415001425/https://www.lockheedmartin.com/en-us/who-we-are/leadership-governance/board-of-directors.html . live .
  3. Web site: Wallack. Todd. July 5, 2007. James D. Taiclet: Towering heights. live. January 17, 2022. Boston Business Journal. December 6, 2021. https://web.archive.org/web/20211206163045/https://www.bizjournals.com/boston/stories/2007/06/18/story4.html.
  4. Web site: Jim Taiclet, Local 154. January 17, 2022. Boliermakermuseum.org. en-US. January 18, 2022. https://web.archive.org/web/20220118183253/http://www.boilermakermuseum.org/people/tributes/jim-taiclet. live.
  5. Web site: James D. Taiclet. January 17, 2022. The Pilot Newspaper. March 27, 2019 . en. January 18, 2022. https://web.archive.org/web/20220118182633/https://www.thepilot.com/obituaries/james-d-taiclet/article_6ce0f4a4-508d-11e9-be65-47dca9cc1c01.html. live.
  6. Web site: Remembering the life of MARY ANN TAICLET 1934 - 2020. January 17, 2022. Obituaries.post-gazette.com. en.
  7. Web site: Class Facts US Air Force Academy AOG & Endowment. January 17, 2022. 2.usafa.org. January 18, 2022. https://web.archive.org/web/20220118182701/https://www2.usafa.org/ClassData/Index/1982. live.
  8. Web site: Portal:1982 Spring Men - USAFA Rugby Alumni. January 17, 2022. Usafarugbyalumni.com. January 18, 2022. https://web.archive.org/web/20220118190049/http://usafarugbyalumni.com/index.php?title=Portal:1982_Spring_Men. live.
  9. Web site: August 31, 2021. James Taiclet Maryland Daily Record. Thedailyrecord.com. January 17, 2022. en-US. January 17, 2022. https://web.archive.org/web/20220117222742/https://thedailyrecord.com/2021/08/31/james-taiclet/. live.
  10. Web site: March 24, 2020. March 24, 2020: Furstenberg *58 Shares the Abel Prize; Taiclet *84 To Lead Lockheed Martin. January 17, 2022. Princeton Alumni Weekly. en. January 18, 2022. https://web.archive.org/web/20220118182809/https://paw.princeton.edu/article/march-24-2020-furstenberg-shares-abel-prize-taiclet-lead-lockheed-martin. live.
  11. Web site: DEF14A. January 17, 2022. Sec.gov. October 28, 2022. https://web.archive.org/web/20221028203044/https://www.sec.gov/Archives/edgar/data/1053507/000119312515123562/d875061ddef14a.htm. live.
  12. News: July 27, 2017. Meet Jim Taiclet, the Titan of Telecom. Boston Magazine. January 17, 2022. January 17, 2022. https://web.archive.org/web/20220117224207/https://www.bostonmagazine.com/news/2017/07/16/jim-taiclet-american-tower/. live.
  13. Web site: James Taiclet, Chairman, CEO And President Of Lockheed Martin - Potomac Officers Club. January 17, 2022. Potomacofficersclub.com. April 6, 2021 . en-US. January 17, 2022. https://web.archive.org/web/20220117224215/https://potomacofficersclub.com/james-taiclet-chairman-ceo-and-president-of-lockheed-martin/. live.
  14. Web site: Dunehew. Nick. July 26, 2021. Lockheed Martin CEO: Jim Taiclet Biography. January 17, 2022. Brooksysociety.com. en-US. January 17, 2022. https://web.archive.org/web/20220117224204/https://brooksysociety.com/2021/07/26/lockheed-martin-ceo-jim-taiclet-biography/. live.
  15. Web site: Tzinis. Irene. June 12, 2020. Mr. James D. Taiclet, Jr.. January 17, 2022. Nasa.gov. January 17, 2022. https://web.archive.org/web/20220117224211/https://www.nasa.gov/content/national-space-council-users-advisory-group/membership_roster_j_taiclet/. live.
  16. Web site: Jim Taiclet becomes Lockheed Martin president, CEO. January 17, 2022. Aerospace Manufacturing and Design. en. January 18, 2022. https://web.archive.org/web/20220118182852/https://www.aerospacemanufacturinganddesign.com/article/jim-taiclet-becomes-lockheed-martin-president-ceo/. live.
  17. Web site: Wednesday. October 13. Am. 2021 10:00 Am-11:00. 21st Century Warfare: A Conversation with Jim Taiclet. January 17, 2022. Csis.org. en. January 17, 2022. https://web.archive.org/web/20220117233438/https://www.csis.org/events/21st-century-warfare-conversation-jim-taiclet. live.
  18. Web site: Jamed D. Taiclet. live. January 17, 2022. Bloomberg.com. April 19, 2021. https://web.archive.org/web/20210419092619/https://www.bloomberg.com/profile/person/2108171.
  19. Web site: June 15, 2020. Former Air Force pilot now the boss at Lockheed Martin. January 17, 2022. Wtop.com. en. January 18, 2022. https://web.archive.org/web/20220118183032/https://wtop.com/business-finance/2020/06/former-air-force-pilot-now-the-boss-at-lockheed-martin/. live.
  20. Web site: Imbert. Amanda Macias,Fred. March 16, 2020. Lockheed Martin's Hewson to step down as CEO. January 17, 2022. Cnbc.com. en. January 17, 2022. https://web.archive.org/web/20220117233418/https://www.cnbc.com/2020/03/16/lockheed-martins-hewson-to-step-down-as-ceo.html. live.
  21. Web site: April 19, 2023. China reveals new details of Raytheon, Lockheed sanctions. April 19, 2023. www.scmp.com/. en. May 20, 2024. https://web.archive.org/web/20240520183032/https://www.scmp.com/news/world/united-states-canada/article/3217506/china-reveals-new-details-raytheon-lockheed-sanctions. live.
  22. News: Construction Underway for New Elfers Cardiovascular Center. Newton-Wellesley Hospital Charitable Foundation Newsletter. Summer/Fall 2014. January 18, 2022. January 18, 2022. https://web.archive.org/web/20220118182626/https://www.nwh.org/media/file/NWHCF%20Newsletter%20Sum%20Fall%202014(1).pdf. live.
  23. Thank You To Our Donors. Charles River Center 2020 Annual Report. January 18, 2022. November 29, 2021. https://web.archive.org/web/20211129083251/https://www.charlesrivercenter.org/i/assets/pdf/FY_2020_Annual_Report_List_of_Donors_49650.pdf. live.
  24. Web site: RI Business Portal. January 18, 2022. Business.sos.ri.gov. January 18, 2022. https://web.archive.org/web/20220118001357/https://business.sos.ri.gov/CorpWeb/CorpSearch/CorpSummary.aspx?FEIN=000542332. live.
  25. Book: Relations, Council on Foreign. 2015 Annual Report. October 1, 2015. Council on Foreign Relations. 978-0-87609-653-6. en. January 19, 2022. April 28, 2022. https://web.archive.org/web/20220428193704/https://books.google.com/books?id=zirGCgAAQBAJ&dq=%22%22james++D.+taiclet%22+and+%22council+on+foreign+relations&pg=PA60. live.
  26. News: November 1, 2018. The Best-Performing CEOs in the World 2018. Harvard Business Review. January 17, 2022. 0017-8012. October 1, 2019. https://web.archive.org/web/20191001092124/https://hbr.org/2018/11/the-best-performing-ceos-in-the-world-2018. live.
  27. News: Donaldson. Bob. February 26, 2006. Room to brag: Black and gold game rooms across the country. Pittsburgh Post-Gazette. January 17, 2022. January 18, 2022. https://web.archive.org/web/20220118182712/https://www.post-gazette.com/life/homes/2006/02/25/Room-to-brag-Black-and-gold-game-rooms-across-the-country/stories/200602250127. live.

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