James D. Taiclet
James D. Taiclet | |
---|---|
Chairman, President and CEO Lockheed Martin | |
Preceded by | Marillyn Hewson 2013–2020 |
Personal details | |
Born | [1] Pittsburgh, PA | May 13, 1960
Education | Princeton University, MA United States Air Force Academy, BS |
Occupation | Business executive |
Signature | |
Website | Lockheed 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[]
- ^ "James D Taiclet Jr. from Wellesley, MA". Nuwber.com. Retrieved 2022-02-21.
- ^ 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) - ^ "Jim Taiclet, Local 154". Boliermakermuseum.org. Retrieved 2022-01-17.
- ^ "James D. Taiclet". The Pilot Newspaper. Retrieved 2022-01-17.
- ^ "Remembering the life of MARY ANN TAICLET 1934 - 2020". Obituaries.post-gazette.com. Retrieved 2022-01-17.
- ^ "Class Facts | US Air Force Academy AOG & Endowment". 2.usafa.org. Retrieved 2022-01-17.
- ^ "Portal:1982 Spring Men - USAFA Rugby Alumni". Usafarugbyalumni.com. Retrieved 2022-01-17.
- ^ "James Taiclet | Maryland Daily Record". Thedailyrecord.com. 2021-08-31. Retrieved 2022-01-17.
- ^ "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.
- ^ a b "DEF14A". Sec.gov. Retrieved 2022-01-17.
- ^ "Meet Jim Taiclet, the Titan of Telecom". Boston Magazine. July 27, 2017.
- ^ a b "James Taiclet, Chairman, CEO And President Of Lockheed Martin - Potomac Officers Club". Potomacofficersclub.com. Retrieved 2022-01-17.
- ^ Dunehew, Nick (2021-07-26). "Lockheed Martin CEO: Jim Taiclet Biography". Brooksysociety.com. Retrieved 2022-01-17.
- ^ a b Tzinis, Irene (2020-06-12). "Mr. James D. Taiclet, Jr". Nasa.gov. Retrieved 2022-01-17.
- ^ a b "Jim Taiclet becomes Lockheed Martin president, CEO". Aerospace Manufacturing and Design. Retrieved 2022-01-17.
- ^ 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.
- ^ "See how CEO pay and performance compare at the biggest U.S. companies". Wsj.com. Retrieved 2022-01-17.
- ^ "25 highest paid CEOs in Massachusetts". Boston.com. Retrieved 2022-01-17.
- ^ a b "Jamed D. Taiclet". Bloomberg.com. Retrieved 2022-01-17.
{{cite web}}
: CS1 maint: url-status (link) - ^ Imbert, Amanda Macias,Fred (2020-03-16). "Lockheed Martin's Hewson to step down as CEO". Cnbc.com. Retrieved 2022-01-17.
- ^ "Former Air Force pilot now the boss at Lockheed Martin". Wtop.com. 2020-06-15. Retrieved 2022-01-17.
- ^ "Taiclet Further Outlines Lockheed Martin's Future Vision for Military 5G Operations". Aviationtoday.com. 2020-10-26. Retrieved 2022-01-17.
- ^ 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) - ^ "Construction Underway for New Elfers Cardiovascular Center" (PDF). Newton-Wellesley Hospital Charitable Foundation Newsletter. No. Summer/Fall 2014.
- ^ "Thank You To Our Donors" (PDF). Charles River Center 2020 Annual Report.
- ^ "RI Business Portal". Business.sos.ri.gov. Retrieved 2022-01-18.
- ^ Relations, Council on Foreign (2015-10-01). 2015 Annual Report. Council on Foreign Relations. ISBN 978-0-87609-653-6.
- ^ "List of Participants" (PDF). World Economic Forum Annual Meeting 2016.
- ^ "The Best-Performing CEOs in the World 2018". Harvard Business Review. 2018-11-01. ISSN 0017-8012. Retrieved 2022-01-17.
- ^ Donaldson, Bob (February 26, 2006). "Room to brag: Black and gold game rooms across the country". Pittsburgh Post-Gazette.
External links[]
- 1960 births
- Living people
- Lockheed Martin people
- Princeton University alumni
- McKinsey & Company people
- United States Air Force Academy alumni
- 21st-century American businesspeople
- American technology chief executives
- 20th-century American businesspeople
- American technology businesspeople
- American technology executives
- People from Pittsburgh