---
schema_version: "secwatch.filing_event.v1"
accession: "0000936468-22-000011"
form_type: "8-K"
ticker: "LMT"
cik: "0000936468"
company_name: "LOCKHEED MARTIN CORP"
filed_at: "2022-02-01T23:59:59+00:00"
generated_at: "2026-06-27T13:21:18.738366+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Lockheed Martin names Jay Malave as CFO effective Jan 31, 2022

## Summary
- Jay Malave appointed CFO; previously SVP & CFO of L3Harris.
- Base salary $960,000; one-time cash sign-on bonus of $750,000.
- Target annual incentive 115% of salary under 2021 MICP for 2022.
- 2022 LTI award opportunity of $8,000,000 (50% PSUs, 30% RSUs, 20% LTIP).
- John Mollard, serving as interim CFO, continues as VP and Treasurer.

## SEC filing metadata
- accession: 0000936468-22-000011
- form_type: 8-K
- ticker: LMT
- cik: 0000936468
- company_name: LOCKHEED MARTIN CORP
- filed_at: 2022-02-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/936468/000093646822000011/0000936468-22-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/936468/000093646822000011/wk-20220127.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000936468-22-000011
- JSON: https://secwatch.observer/filing/0000936468-22-000011.json
- Plain text: https://secwatch.observer/filing/0000936468-22-000011.txt

## Key facts
- Executive change
  Jesus (Jay) Malave, Jr. was elected as Chief Financial Officer at LOCKHEED MARTIN CORP.
  - Action: elected
  - Role: Chief Financial Officer
  source text: elected Jesus (Jay) Malave, Jr. (age 53) as Chief Financial Officer, effective January 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/936468/000093646822000011/0000936468-22-000011-index.htm
- Executive change
  John. W. Mollard changed role as Vice President and Treasurer at LOCKHEED MARTIN CORP.
  - Action: continue as
  - Role: Vice President and Treasurer
  source text: John. W. Mollard, who has been serving as acting Chief Financial Officer on an interim basis and will continue as Vice President and Treasurer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/936468/000093646822000011/0000936468-22-000011-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.