James D. Taiclet

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James D. Taiclet
Chairman, President and CEO
Lockheed Martin
Preceded byMarillyn Hewson 2013–2020
Personal details
Born (1960-05-13) May 13, 1960 (age 61)[1]
Pittsburgh, PA
EducationPrinceton University, MA
United States Air Force Academy, BS
OccupationBusiness executive
Signature
WebsiteLockheed Martin Leadership

James Donald Taiclet, Jr. is an American business executive and chairman, president, and CEO of aerospace and defense company Lockheed Martin.

Early life and education[]

James Taiclet was born in Pittsburgh, Pennsylvania, in 1960.[2] His father, James Sr., served in the U.S. Army at the Wiesbaden Air Base in Germany and later became a boilermaker[3] in Pittsburgh.[4] His mother, Mary Ann (nee Foley), was a homemaker and school administrator.[5]

Taiclet graduated from the U.S. Air Force Academy in 1982 with a degree in engineering and international relations.[6] While at the Academy, Taiclet played on the rugby team, serving as captain during his senior year.[7]

Taiclet went on to earn a master’s degree in public affairs from Princeton University[8] in 1984.[9] While at Princeton, Taiclet was awarded a fellowship at the Princeton School of Public and International Affairs.[10]

Military service[]

Taiclet was a pilot in the United States Air Force[11] serving as aircraft commander, instructor pilot and unit chief of standardization and evaluation.[12] During Operation Desert Shield, he flew multiple missions[13] in a Lockheed C-141 Starlifter transport jet.[2] His rotational assignments included the Joint Staff and Air Staff at the Pentagon.[14]

Professional career[]

After the Gulf War, Taiclet entered the private sector as a management consultant at McKinsey & Co. from July 1991 to February 1996.[15] He then joined Pratt & Whitney as vice president of engine services until 1999, and then served as president of Honeywell Aerospace Services until 2001.[16]

American Tower[]

In 2001, American Tower recruited Taiclet for the role of chief operating officer.[2] He was named chief executive officer of American Tower in October 2003 and selected as chairman of the board in February 2004.[10]

During his 18 years at American Tower, the company expanded to become a global industry leader in digital infrastructure, with its market capitalization growing from $2 billion to over $100 billion.[12]

At American Tower, Taiclet generated a 48% return for shareholders in 2019.[17] [18]

Taiclet served on the board of American Tower from 2003-20.[19]

Lockheed Martin[]

In June of 2020 Taiclet was named as CEO of Lockheed Martin, succeeding Marillyn Hewson, who had worked at Lockheed Martin for 37 years[20] and served as CEO since 2013.[15]

Prior to being named as CEO, Taiclet served on the Lockheed Martin board beginning in 2018. He was named chairman in January 2021.[21]

Taiclet has described a vision for Lockheed Martin to increase the interoperability of its platforms and systems[16] across every battle environment – land, sea, air, space and cyber.[22] This vision is intended to enhance the military’s deterrence capabilities.[23]

Philanthropic work and board service[]

While he was CEO of American Tower, Taiclet and his wife were prominent supporters of the Newton- Wellesley Hospital Charitable Foundation[24] as well as the Charles River Center.[25] He also serves on the board of the Brigham and Women’s Hospital[26] as a trustee. In 2021 he was named to the board of Catalyst.org, a non-profit focused on women in the workplace.[19]

Taiclet is a member of the Council on Foreign Relations[27] and has attended the World Economic Forum.[28]

Taiclet served on the U.S.-India Business Council board and the U.S.-India Strategic Partnership Forum board.[14]

Recognition[]

For six consecutive years from 2013 to 2018, Taiclet was named to Harvard Business Review’s list of Best-Performing CEOs in the World.[29]

Personal[]

Taiclet runs and cycles for exercise.[2]

Taiclet is a lifelong Pittsburgh Steelers fan. He remodeled the game room in the basement of his Wellesley, Massachusetts, home in black and gold as a tribute to the team.[30]

References[]

  1. ^ "James D Taiclet Jr. from Wellesley, MA". Nuwber.com. Retrieved 2022-02-21.
  2. ^ a b c d Wallack, Todd (July 5, 2007). "James D. Taiclet: Towering heights". Boston Business Journal. Retrieved 2022-01-17.{{cite web}}: CS1 maint: url-status (link)
  3. ^ "Jim Taiclet, Local 154". Boliermakermuseum.org. Retrieved 2022-01-17.
  4. ^ "James D. Taiclet". The Pilot Newspaper. Retrieved 2022-01-17.
  5. ^ "Remembering the life of MARY ANN TAICLET 1934 - 2020". Obituaries.post-gazette.com. Retrieved 2022-01-17.
  6. ^ "Class Facts | US Air Force Academy AOG & Endowment". 2.usafa.org. Retrieved 2022-01-17.
  7. ^ "Portal:1982 Spring Men - USAFA Rugby Alumni". Usafarugbyalumni.com. Retrieved 2022-01-17.
  8. ^ "James Taiclet | Maryland Daily Record". Thedailyrecord.com. 2021-08-31. Retrieved 2022-01-17.
  9. ^ "March 24, 2020: Furstenberg *58 Shares the Abel Prize; Taiclet *84 To Lead Lockheed Martin". Princeton Alumni Weekly. 2020-03-24. Retrieved 2022-01-17.
  10. ^ a b "DEF14A". Sec.gov. Retrieved 2022-01-17.
  11. ^ "Meet Jim Taiclet, the Titan of Telecom". Boston Magazine. July 27, 2017.
  12. ^ a b "James Taiclet, Chairman, CEO And President Of Lockheed Martin - Potomac Officers Club". Potomacofficersclub.com. Retrieved 2022-01-17.
  13. ^ Dunehew, Nick (2021-07-26). "Lockheed Martin CEO: Jim Taiclet Biography". Brooksysociety.com. Retrieved 2022-01-17.
  14. ^ a b Tzinis, Irene (2020-06-12). "Mr. James D. Taiclet, Jr". Nasa.gov. Retrieved 2022-01-17.
  15. ^ a b "Jim Taiclet becomes Lockheed Martin president, CEO". Aerospace Manufacturing and Design. Retrieved 2022-01-17.
  16. ^ a b Wednesday; October 13; Am, 2021 10:00 Am-11:00. "21st Century Warfare: A Conversation with Jim Taiclet". Csis.org. Retrieved 2022-01-17.
  17. ^ "See how CEO pay and performance compare at the biggest U.S. companies". Wsj.com. Retrieved 2022-01-17.
  18. ^ "25 highest paid CEOs in Massachusetts". Boston.com. Retrieved 2022-01-17.
  19. ^ a b "Jamed D. Taiclet". Bloomberg.com. Retrieved 2022-01-17.{{cite web}}: CS1 maint: url-status (link)
  20. ^ Imbert, Amanda Macias,Fred (2020-03-16). "Lockheed Martin's Hewson to step down as CEO". Cnbc.com. Retrieved 2022-01-17.
  21. ^ "Former Air Force pilot now the boss at Lockheed Martin". Wtop.com. 2020-06-15. Retrieved 2022-01-17.
  22. ^ "Taiclet Further Outlines Lockheed Martin's Future Vision for Military 5G Operations". Aviationtoday.com. 2020-10-26. Retrieved 2022-01-17.
  23. ^ Cordell, Carten (January 26, 2021). "Lockheed closes 2020 with an eye toward space, R&D costs". Washington Business Journal. Retrieved 2022-01-18.{{cite web}}: CS1 maint: url-status (link)
  24. ^ "Construction Underway for New Elfers Cardiovascular Center" (PDF). Newton-Wellesley Hospital Charitable Foundation Newsletter. No. Summer/Fall 2014.
  25. ^ "Thank You To Our Donors" (PDF). Charles River Center 2020 Annual Report.
  26. ^ "RI Business Portal". Business.sos.ri.gov. Retrieved 2022-01-18.
  27. ^ Relations, Council on Foreign (2015-10-01). 2015 Annual Report. Council on Foreign Relations. ISBN 978-0-87609-653-6.
  28. ^ "List of Participants" (PDF). World Economic Forum Annual Meeting 2016.
  29. ^ "The Best-Performing CEOs in the World 2018". Harvard Business Review. 2018-11-01. ISSN 0017-8012. Retrieved 2022-01-17.
  30. ^ Donaldson, Bob (February 26, 2006). "Room to brag: Black and gold game rooms across the country". Pittsburgh Post-Gazette.

External links[]

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