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Boeing vs Northrop Grumman — CEO Pay Comparison

Kelly Ortberg (Boeing) earns $4.0M more in total compensation than Kathy Warden (Northrop Grumman).

MetricBoeingBANorthrop GrummanNOC
CEOKelly OrtbergKathy Warden
IndustryAerospace & DefenseAerospace & Defense
Total Compensation$12.0M$8.0M
Base Salary$1.2M$800K
Stock Awards$6.0M$4.0M
Option Awards$1.4M$960K
Non-Equity Incentive$1.8M$1.2M
Pay-for-Performance GradeB (75/100)B (67/100)
CEO-Worker Pay Ratio120:180:1
Median Worker Pay$100K$100K
Say-on-Pay Approval91.8%85.2%
3yr Total Shareholder Return+20.5%+10.8%
Revenue$77.8B$39.3B
Market Cap$130.0B$75.0B
Employees170,00095,000

Analysis

Kelly Ortberg (Boeing) earns $12.0M in total compensation, while Kathy Warden (Northrop Grumman) earns $8.0M. That is a difference of $4.0M.

On pay-for-performance alignment, Boeing scores B (75/100) while Northrop Grumman scores B (67/100). Boeing's CEO compensation is better aligned with company performance.

Boeing's CEO-to-worker pay ratio is 120:1 compared to Northrop Grumman's 80:1. Shareholders approved CEO pay at 91.8% (Boeing) and 85.2% (Northrop Grumman).