James F. Pitts
2012
In 2012, James F. Pitts earned a total compensation of $12M as Corporate Vice President and President, Electronic Systems at Northrop Grumman, a 54% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $2,979,127 |
|---|---|
| Non-Equity Incentive Plan | $1,556,000 |
| Salary | $850,081 |
| Stock Awards | $6,488,349 |
| Other | $164,923 |
| Total | $12,038,480 |
Pitts received $6.5M in stock awards, accounting for 54% of the total pay in 2012.
Pitts also received $3M of change in pension value and nonqualified deferred compensation earnings, $1.6M in non-equity incentive plan, $850.1K in salary and $164.9K in other compensation.
Rankings
In 2012, James F. Pitts' compensation ranked 289th out of 11,487 executives tracked by ExecPay. In other words, Pitts earned more than 97.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 289 out of 11,487 | 98th |
Division Manufacturing | 108 out of 4,253 | 98th |
Major group Measuring, Analyzing, And Controlling Instruments; Photographic, Medical And Optical Goods; Watches And Clocks | 11 out of 619 | 98th |
Industry group Search, Detection, Navigation, Guidance, Aeronautical, and Nautical Systems, Instruments, and Equipment | 5 out of 37 | 87th |
Industry Search, Detection, Navigation, Guidance, Aeronautical, and Nautical Systems and Instruments | 5 out of 37 | 87th |
Source: SEC filing on April 5, 2013.
Pitts' colleagues
We found four more compensation records of executives who worked with James F. Pitts at Northrop Grumman in 2012.
2012
Wesley Bush
Northrop Grumman
Chief Executive Officer
2012
Gary Ervin
Northrop Grumman
Corporate Vice President and President, Aerospace Systems
2012
Linda Mills
Northrop Grumman
Corporate Vice President and President, Information Systems
2012
James Palmer
Northrop Grumman