GENERAL DYNAMICS CORP CEO Phebe Novakovic's 2020 pay rises 6% to $19M

GENERAL DYNAMICS CORP reports 2020 executive compensation

By ExecPay News

Published: March 25, 2021

GENERAL DYNAMICS CORP reported fiscal year 2020 executive compensation information on March 25, 2021.
In 2020, five executives at GENERAL DYNAMICS CORP received on average a compensation package of $8.1M, a 9% increase compared to previous year.
Average pay of disclosed executives at GENERAL DYNAMICS CORP
Phebe N. Novakovic, Chief Executive Officer, received $19M in total, which increased by 6% compared to 2019. 52% of Novakovic's compensation, or $10M, was in stock awards. Novakovic also received $382K of change in pension value and nonqualified deferred compensation earnings, $2.9M in non-equity incentive plan, $4.1M in option awards, $1.6M in salary, as well as $280K in other compensation.
Jason W. Aiken, Chief Financial Officer, received a compensation package of $6.2M, which increased by 21% compared to previous year. 47% of the compensation package, or $2.9M, was in stock awards.
Mark C. Roualet, Executive Vice President, Combat Systems, earned $5.3M in 2020, a 1% increase compared to previous year.
Robert E. Smith, Executive Vice President, Marine Systems, received $5M in 2020.
Mark L. Burns, Vice President of the Company and President, Gulfstream Aerospace, earned $4.7M in 2020, a 7% increase compared to previous year.

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

Robert Smith

GENERAL DYNAMICS CORP

Executive Vice President, Marine Systems

Mark Burns

GENERAL DYNAMICS CORP

Vice President of the Company and President, Gulfstream Aerospace

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Source: SEC filing on March 25, 2021.