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Repiglican Roast

A spirited discussion of public policy and current issues

Name: TheFuriousGourmet

Location: The mouth of being

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Monday, July 09, 2007

George Bush Seated Next to Robert J Stevens. Billions of taxpayer dollars changing hands.

President George W. Bush is seated next to Robert J. Stevens, president and CEO of Lockheed Martin, right, during a meeting with Canadian Prime Minister Stephen Harper and Mexico's President Vicente Fox, in a roundtable discussion with U.S., Mexican and Canadian business leaders, Friday, March 31, 2006 at the Fiesta Americana Condesa Cancun Hotel. White House photo by Eric Draper

Labels: Bush Crime Family, Lockheed Martin, Privatization of Government, Robert J Stevens

Lockheed Martin Corp.'s CEO Robert J. Stevens

Lockheed Martin Corp.'s CEO Robert J. Stevens has had a lucrative career at the nation's largest defense contractor, and his pay has been outlined to shareholders for years.

But investors didn't know how lucrative his retirement could be. The Bethesda-based company has disclosed for the first time that in addition to $5.2 million in salary and bonus, plus stock awards and perks last year, Stevens also accrued more than $2 million in three pension plans, two 401(k) plans and a tax-advantaged plan mostly used by the corporate elite.
[...]
Stevens, whose pay package totaled $18.6 million, ranked among the highest-paid CEOs in Maryland last year, according to a survey by Salary.com of companies with headquarters here. Others included Constellation Energy Group Inc.'s Mayo A. Shattuck III, whose compensation package was worth $20 million, and Legg Mason Inc.'s Raymond A. "Chip" Mason, whose package was valued at $13.7 million.

Labels: Baker Botts, Bush Crime Family, Corporate War on People Everywhere, Lockheed Martin, Lynne Cheney, Robert J Stevens