Lockheed CEO Hewson earned $25.2 million in 2013

Fri Mar 14, 2014 1:45pm EDT
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(Reuters) - Weapons maker Lockheed Martin Corp (LMT.N: Quote) paid Chief Executive Marillyn Hewson $25.2 million in 2013, more than doubling her compensation in her first year in the job, according to a regulatory filing.

Hewson's base salary jumped 85 percent to about $1.4 million last year. Her stock awards increased to about $8.2 million from about $877,000, Lockheed said in a filing with the U.S. Securities and Exchange Commission on Friday. (r.reuters.com/zek67v)

Hewson, who took the top job in January 2013, had a total package of $11.4 million in 2012, when she became chief operating officer.

She was made the CEO at an emergency board meeting after CEO-designate Chris Kubasik was fired for having an affair with a female subordinate.

(Reporting by Ankit Ajmera in Bangalore; Editing by Kirti Pandey)

Newly elected Lockheed Chairman Marillyn Hewson comments during an interview with Reuters in Washington, December 16, 2013. REUTERS/Stelios Varias