
James Taiclet is Chairman, President & CEO of Lockheed Martin (LMT). Most of a public-company CEO’s on-paper wealth is their stake in that company — anchored here on the number you can verify.
Past cash compensation, sold shares, real estate, and other public holdings — estimable from records, but not exact.
Private company stakes, trusts, cash, debts, and undisclosed assets. Anyone publishing these as a single number is guessing.
| Company | Lockheed Martin (LMT) |
| Title | Chairman, President & CEO |
| Verified stake | $39M |
| Shares owned | 76,864 |
| Latest total pay | $23M breakdown → |
| Age | ~66 |
We take the shares James Taiclet reports owning in their most recent SEC Form 4 and multiply by the latest share price. That gives a stake value you can check against the filing itself. Everything beyond that stake — real estate, private holdings, cash, past compensation — is estimated or simply not public, and we say so rather than roll it into one number.
James Taiclet was born in Pittsburgh in 1960 to a father who served in the Army and worked as a boilermaker. He graduated from the US Air Force Academy and earned a master’s from Princeton, then flew C-141 transport planes as an Air Force pilot, including missions during the buildup to the Gulf War.
After the military he passed through McKinsey, Pratt & Whitney, and Honeywell before running the wireless-tower company American Tower, which he built into a telecom-infrastructure giant. In 2020 he became chief executive of Lockheed Martin, pushing the defense contractor toward networked, digital-age warfare.
Taiclet is a hired executive, not a founder. His Lockheed stake came from stock compensation, which is what this page reflects.
Born 1960 · U.S. Air Force Academy (BS); Princeton (MPA)
| Fiscal year | Total pay |
|---|---|
| 2025 | $23M |
The stake value is filing-derived and verifiable; any broader “net worth” is an estimate. Photo: U.S. House Armed Services Committee, CC BY 3.0 (Wikimedia Commons). Share counts are the latest reported on SEC filings and change as the executive trades; the price is the last close, so the stake value moves with the market. This is not an official or complete accounting of anyone’s wealth. Educational only — not investment advice.