Marillyn Hewson Explained

Marillyn Hewson
Predecessor:Robert J. Stevens
Birth Name:Marillyn Adams
Birth Date:27 December 1953
Birth Place:Junction City, Kansas, U.S.
Education:The University of Alabama (BS, MA)
Occupation:Business executive
Spouse:James Hewson
Children:2
Signature:Marillyn Hewson signature.png

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]

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. 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. 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. 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.

Notes and References

  1. Web site: West . Karl . August 4, 2013 . The woman at the heart of America's killing machine . The Sunday Times.
  2. Web site: Lockheed Martin Board Elects Marillyn Hewson CEO & President and Member of the Board, (Christopher Kubasik Resigns). April 25, 2014. November 9, 2012. December 10, 2015. https://web.archive.org/web/20151210223759/http://www.lockheedmartin.com/us/news/press-releases/2012/november/110912-corp-leadership.html. live.
  3. Web site: Imbert . Amanda Macias,Fred . 2020-03-16 . Lockheed Martin's Hewson to step down as CEO . 2023-08-21 . CNBC . en.
  4. Web site: A mother's resilience. Politico. September 19, 2013. June 27, 2019. June 26, 2019. https://web.archive.org/web/20190626192416/https://www.politico.com/story/2013/09/marillyn-hewson-women-rule-a-mothers-resilience-097019. live.
  5. Web site: Marilyn A. Hewson . https://web.archive.org/web/20210213205024/https://www.lockheedmartin.com/en-us/who-we-are/leadership-governance/marillyn-hewson.html . February 13, 2021 . February 1, 2021 . Lockheed Martin.
  6. Web site: Marillyn Hewson interview by David Rubenstein May 23 2018. www.youtube.com. May 26, 2020. January 7, 2021. https://web.archive.org/web/20210107132411/https://www.youtube.com/watch?v=FJOMgS1Pcq8. live.
  7. Web site: Marillyn A. Hewson. www.lockheedmartin.com. November 15, 2017. November 14, 2017. https://web.archive.org/web/20171114045753/https://www.lockheedmartin.com/us/who-we-are/leadership/hewson.html. dead.
  8. Web site: Lockheed Martin Corporate Bio: Marillyn A. Hewson . dead . https://web.archive.org/web/20200811111410/https://www.lockheedmartin.com/en-us/who-we-are/leadership-governance/marillyn-hewson.html . August 11, 2020 . March 19, 2013.
  9. News: More On Marillyn Hewson, Lockheed Martin's Next CEO . The Wall Street Journal . August 4, 2017 . November 21, 2017 . https://web.archive.org/web/20171121100122/https://blogs.wsj.com/corporate-intelligence/2012/11/09/more-on-marillyn-hewson-lockheed-martins-next-ceo/ . live .
  10. Web site: Marillyn A. Hewson: Executive Profile & Biography - Businessweek. Businessweek.com. August 11, 2015. September 24, 2015. https://web.archive.org/web/20150924233410/http://www.bloomberg.com/research/stocks/people/person.asp?personId=3110423&ticker=LMT. live.
  11. Web site: Marillyn Hewson. Forbes. en. May 26, 2020. December 15, 2015. https://web.archive.org/web/20151215002815/http://www.forbes.com/profile/marillyn-hewson/. live.
  12. Fortune's Most Powerful Women List. Bellstrom. Kristen. September 15, 2015. Fortune.
  13. Web site: Marillyn Hewson. Fortune. en. October 25, 2019. October 25, 2019. https://web.archive.org/web/20191025163847/https://fortune.com/most-powerful-women/2019/marillyn-hewson/. live.
  14. Web site: Lockheed Martin CEO Marilyn Hewson to be succeeded by board member James Taiclet . TechCrunch.com . Etherington . Darrell . March 16, 2020 . March 16, 2020 . October 30, 2020 . https://web.archive.org/web/20201030000231/https://techcrunch.com/2020/03/16/lockheed-martin-ceo-marilyn-hewson-to-be-succeeded-by-board-member-james-taiclet/ . live .
  15. Web site: Marillyn Hewson is stepping down as Lockheed Martin CEO. March 16, 2020. al. en. March 17, 2020. March 18, 2020. https://web.archive.org/web/20200318075934/https://www.al.com/business/2020/03/marillyn-hewson-is-stepping-down-from-lockheed-martin.html. live.
  16. News: Cameron. Doug. Lockheed Martin Names New CEO. March 16, 2020. Wall Street Journal. March 17, 2020. en-US. 0099-9660. March 17, 2020. https://web.archive.org/web/20200317023803/https://www.wsj.com/articles/lockheed-martin-names-american-tower-chief-taiclet-president-ceo-11584361121. live.
  17. News: Fortune Magazine's 2012 "50 Most Powerful Women in Business". March 19, 2013. CNN. March 30, 2013. https://web.archive.org/web/20130330161748/http://money.cnn.com/magazines/fortune/most-powerful-women/2012/snapshots/19.html. live.
  18. Web site: Most Powerful Women Marillyn Hewson. fortune.com. Fortune. June 27, 2019. June 30, 2019. https://web.archive.org/web/20190630132507/http://fortune.com/most-powerful-women/marillyn-hewson-1/. dead.
  19. Web site: The World's 100 Most Powerful Women. Forbes. June 27, 2019. December 15, 2015. https://web.archive.org/web/20151215002815/http://www.forbes.com/profile/marillyn-hewson/. live.
  20. Web site: World's Most Powerful Women. Forbes. en. December 17, 2019. September 20, 2017. https://web.archive.org/web/20170920073036/https://www.forbes.com/power-women/list/. live.
  21. Web site: Wash100. SOLUTIONS. GEEKO' IT. Wash100. en. September 14, 2017. September 15, 2017. https://web.archive.org/web/20170915051322/http://www.wash100.com/profile/a253300000JkqBHAAZ. live.
  22. The Best-Performing CEOs in the World 2017. Harvard Business Review. November 2017. January 2, 2018. April 19, 2021. https://web.archive.org/web/20210419053253/https://hbr.org/2017/11/the-best-performing-ceos-in-the-world-2017. live.
  23. What The CEO Of 2019 Thinks About Caring For His People . Hougaard . Rasmus . Forbes . April 23, 2019 . June 27, 2019 . June 27, 2019 . https://web.archive.org/web/20190627215825/https://www.forbes.com/sites/rasmushougaard/2019/04/23/what-the-ceo-of-2019-thinks-about-caring-for-his-people/ . live .
  24. Web site: Edison Achievement Award 2018. Edison Awards. April 13, 2018. April 14, 2018. https://web.archive.org/web/20180414011017/http://www.edisonawards.com/achievementaward.php. live.
  25. Marillyn Hewson: The 100 Most Influential People of 2019. September 22, 2020. TIME. en-us. September 20, 2020. https://web.archive.org/web/20200920183851/https://time.com/collection/100-most-influential-people-2019/5567844/marillyn-hewson/. live.
  26. Web site: Golden Plate Awardees of the American Academy of Achievement. www.achievement.org. American Academy of Achievement. October 6, 2020. December 15, 2016. https://web.archive.org/web/20161215023909/https://achievement.org/our-history/golden-plate-awards/#business. live.
  27. Web site: 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. October 6, 2020. September 19, 2020. https://web.archive.org/web/20200919192934/https://achievement.org/summit/2019/. live.
  28. Web site: 1 November 2021 . Aviation Week Presents 2021 Laureates As Industry Emerges From Storm . Aviation Week Network.
  29. Web site: Lockheed Martin (NYSE: LMT) CEO Marillyn Hewson buys McLean estate for $5.45 million - Washington Business Journal. dead. https://web.archive.org/web/20180424152708/https://www.bizjournals.com/washington/news/2018/03/22/marillyn-hewson-just-bought-this-mclean-estate-for.html. April 24, 2018.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Marillyn Hewson".

Except where otherwise indicated, Everything.Explained.Today is © Copyright 2009-2024, A B Cryer, All Rights Reserved. Cookie policy.