Phebe N. Novakovic received $23.8M in total compensation as Chairman and Chief Executive Officer of GENERAL DYNAMICS CORP in FY2024. The largest component was $12.7M in stock awards. That’s up 5% from FY2023. Source: SEC DEF 14A.
Executive Compensation Summary for GENERAL DYNAMICS CORP
Phebe N. Novakovic Salary and Compensation - GENERAL DYNAMICS CORP CEO Pay 2024
In fiscal year 2024, Phebe N. Novakovic, Chairman and Chief Executive Officer of GENERAL DYNAMICS CORP (GD), received total compensation of $23.8 million.
Phebe N. Novakovic's compensation breakdown includes: base salary of $1.7 million, stock awards valued at $12.7 million, option awards of $5.0 million, non-equity incentive compensation of $3.4 million, and other compensation of $959K.
Compared to fiscal year 2023, Phebe N. Novakovic's total compensation increased 5% from $22.6 million to $23.8 million.
GENERAL DYNAMICS CORP (GD) Executive Pay 2024
GENERAL DYNAMICS CORP's top 5 named executive officers received combined total compensation of $52.4 million in fiscal year 2024.
The named executive officers disclosed in GENERAL DYNAMICS CORP's 2024 proxy statement are:Phebe N. Novakovic (Chairman and Chief Executive Officer) with total compensation of $23.8 million, Jason W. Aiken (Executive Vice President, Technologies) with total compensation of $9.0 million, Mark L. Burns (Vice President of the company and President, Gulfstream Aerospace) with total compensation of $7.3 million, Robert E. Smith (Executive Vice President, Marine Systems) with total compensation of $6.3 million, and Danny Deep (Executive Vice President, Combat Systems) with total compensation of $6.1 million.