Nicholas Chabraja Explained

Nicholas D. Chabraja (pronounced cha-brah-ya) (born November 6, 1942, in Gary, Indiana) is a Serbian - American lawyer and former chief executive officer[1] of General Dynamics Corporation.

Career

In 1967 he got a law degree from the Northwestern University.[2] He was then employed by the Jenner & Block law firm in which he stayed for almost thirty years, from 1968 to 1997. In this first and longest period of his career, he also served as a Special Counsel for the United States House of Representatives. He also held counseling positions for General Dynamics, being a Senior Vice President and Counsel from 1993 to 1994, and a Vice-Chairman from 1996 to 1997.[3]

In 1997 he was appointed a Chief Executive Officer of General Dynamics, a position which he held for twelve years, stepping down from his office on June 30, 2009. This makes Nicholas Chabraja the longest-serving Chief Executive Officer of the top five defense contractors, the others being Lockheed Martin, Northrop Grumman, Boeing, and Raytheon. Under his management, General Dynamics grew rapidly, mainly through acquisitions: from $4 billion in sales and 29,000 employees to $29.3 billion in sales and 92,900 employees in 2008.[4] In 2008, Nicholas D. Chabraja earned a total compensation of $17,962,579, which included a base salary of $1,375,000, a cash bonus of $4,500,000, stocks granted worth $3,756,556, options granted worth $7,926,420, and other compensation worth $404,603.[5] In 2009, he was included in the list of the 24 "TopGun CEOs" in the US, published by Brendan Wood International, an advisory agency.[6] [7]

He is also a member of the Lambda Chi Alpha fraternity.

External links

Notes and References

  1. Web site: General Dynamics Corporate Office Information . 2008-03-16 . https://web.archive.org/web/20080321123630/http://www.generaldynamics.com/overview/corp_other/corporate_office.htm . 2008-03-21 . dead .
  2. Web site: Nicholas D. Chabraja . 2008-03-16 . https://web.archive.org/web/20080419025810/http://www.nndb.com/people/309/000125931/ . 2008-04-19 . dead .
  3. Web site: Nicholas D. Chabraja. https://web.archive.org/web/20130609142736/http://investing.businessweek.com/research/stocks/people/person.asp?personId=274563&ticker=GD. dead. June 9, 2013. Businessweek. 11 March 2013.
  4. News: At General Dynamics, Chief Leaves a Legacy Of Nailing the Numbers . The Washington Post . Dana . Hedgpeth . 2009-06-22 . 2010-05-20.
  5. http://www.equilar.com/CEO_Compensation/General_Dynamics_Nicholas_D._Chabraja.php 2008 CEO Compensation for Nicholas D. Chabraja
  6. https://archive.today/20120731070440/http://www.forbes.com/2009/06/22/top-gun-CEOs--intelligent-investing-survey.html.php The Market's Best Managers - Forbes.com
  7. https://www.reuters.com/article/pressRelease/idUS148914+10-Jun-2009+MW20090610.php Brendan Wood International Announces 24 TopGun CEOs in the US