GENERAL DYNAMICS CORP CEO Phebe Novakovic's 2019 pay slips 12% to $18M

GENERAL DYNAMICS CORP reports 2019 executive compensation

By ExecPay News

Published: March 26, 2020

GENERAL DYNAMICS CORP reported fiscal year 2019 executive compensation information on March 26, 2020.
In 2019, five executives at GENERAL DYNAMICS CORP received on average a compensation package of $7.5M, a 29% decrease compared to previous year.
Average pay of disclosed executives at GENERAL DYNAMICS CORP
Phebe N. Novakovic, Chief Executive Officer, received $18M in total, which decreased by 12% compared to 2018. 47% of Novakovic's compensation, or $8.6M, was in stock awards. Novakovic also received $485K of change in pension value and nonqualified deferred compensation earnings, $3.5M in non-equity incentive plan, $3.7M in option awards, $1.6M in salary, as well as $385K in other compensation.
Mark C. Roualet, Executive Vice President, Combat Systems, received a compensation package of $5.3M, which decreased by 1% compared to previous year. 38% of the compensation package, or $2M, was in stock awards.
Jason W. Aiken, Chief Financial Officer, earned $5.1M in 2019, a 6% decrease compared to previous year.
Mark L. Burns, Vice President of the Company and President, Gulfstream Aerospace, received $4.4M in 2019.
Gregory S. Gallopoulos, General Counsel, earned $4.2M in 2019.

Related executives

Phebe Novakovic

GENERAL DYNAMICS CORP

Chief Executive Officer

Jason Aiken

GENERAL DYNAMICS CORP

Chief Financial Officer

Mark Roualet

GENERAL DYNAMICS CORP

Executive Vice President, Combat Systems

Mark Burns

GENERAL DYNAMICS CORP

Vice President of the Company and President, Gulfstream Aerospace

Gregory Gallopoulos

GENERAL DYNAMICS CORP

General Counsel

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Source: SEC filing on March 26, 2020.