Kenneth R.  Possenriede net worth and biography

Kenneth Possenriede Biography and Net Worth

Kenneth R. Possenriede is chief financial officer (CFO) for Lockheed Martin Corporation. As CFO, Mr. Possenriede is responsible for all aspects of the corporation’s financial strategies, processes, and operations.

He previously served as vice president of Finance and Program Management at Aeronautics, where he was responsible for the business area’s finances and program management processes, including accounting, contracts, business management, financial planning, scheduling and earned value. He also served as vice president and treasurer for Lockheed Martin. In that role, he was responsible for the company's worldwide banking activity, including global treasury operations, foreign exchange and capital markets, rating agency relations, capital planning, facilities and risk management.

He holds a Master of Business Administration from the University of Michigan and bachelor’s degree from Rutgers University in economics

What is Kenneth R. Possenriede's net worth?

The estimated net worth of Kenneth R. Possenriede is at least $458.27 as of May 24th, 2021. Mr. Possenriede owns 1 shares of Lockheed Martin stock worth more than $458 as of April 24th. This net worth evaluation does not reflect any other assets that Mr. Possenriede may own. Learn More about Kenneth R. Possenriede's net worth.

How do I contact Kenneth R. Possenriede?

The corporate mailing address for Mr. Possenriede and other Lockheed Martin executives is 6801 ROCKLEDGE DRIVE, BETHESDA MD, 20817. Lockheed Martin can also be reached via phone at (301) 897-6000 and via email at [email protected]. Learn More on Kenneth R. Possenriede's contact information.

Has Kenneth R. Possenriede been buying or selling shares of Lockheed Martin?

Kenneth R. Possenriede has not been actively trading shares of Lockheed Martin over the course of the past ninety days. Most recently, Kenneth R. Possenriede sold 2,787 shares of the business's stock in a transaction on Monday, May 24th. The shares were sold at an average price of $387.53, for a transaction totalling $1,080,046.11. Following the completion of the sale, the chief financial officer now directly owns 1 shares of the company's stock, valued at $387.53. Learn More on Kenneth R. Possenriede's trading history.

Who are Lockheed Martin's active insiders?

Lockheed Martin's insider roster includes Richard Ambrose (EVP), Timothy Cahill (EVP), Brian Colan (VP), John Donovan (Director), Stephanie Hill (EVP), Maryanne Lavan (SVP), Kenneth Possenriede (CFO), Frank St. John (COO), James Taiclet, Jr. (Chairman), Bruce Tanner (VP), and Gregory Ulmer (EVP). Learn More on Lockheed Martin's active insiders.

Are insiders buying or selling shares of Lockheed Martin?

During the last year, Lockheed Martin insiders bought shares 1 times. They purchased a total of 548 shares worth more than $250,474.36. During the last year, insiders at the aerospace company sold shares 3 times. They sold a total of 16,874 shares worth more than $7,249,946.14. The most recent insider tranaction occured on March, 5th when insider Gregory M. Ulmer sold 6,204 shares worth more than $2,675,102.76. Insiders at Lockheed Martin own 0.1% of the company. Learn More about insider trades at Lockheed Martin.

Information on this page was last updated on 3/5/2024.

Kenneth R. Possenriede Insider Trading History at Lockheed Martin

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/24/2021Sell2,787$387.53$1,080,046.111View SEC Filing Icon  
7/24/2019Sell2,000$363.85$727,700.00View SEC Filing Icon  
12/4/2015Sell1,860$218.94$407,228.40View SEC Filing Icon  
4/27/2015Sell5,573$194.47$1,083,781.31View SEC Filing Icon  
8/21/2014Sell3,000$174.69$524,070.00View SEC Filing Icon  
7/25/2013Sell27,027$117.53$3,176,483.31View SEC Filing Icon  
See Full Table

Kenneth R. Possenriede Buying and Selling Activity at Lockheed Martin

This chart shows Kenneth R Possenriede's buying and selling at Lockheed Martin by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

Lockheed Martin Company Overview

Lockheed Martin logo
Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. The company operates through Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space segments. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies. The Missiles and Fire Control segment provides air and missile defense systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support, and integration services; manned and unmanned ground vehicles; and energy management solutions. The Rotary and Mission Systems segment offers military and commercial helicopters, surface ships, sea and land-based missile defense systems, radar systems, sea and air-based mission and combat systems, command and control mission solutions, cyber solutions, and simulation and training solutions. The Space segment offers satellites; space transportation systems; strategic, advanced strike, and defensive systems; and classified systems and services in support of national security systems. This segment also provides network-enabled situational awareness and integrates space and ground global systems to help its customers gather, analyze, and securely distribute critical intelligence data. It serves primarily serves the U.S. government, as well as foreign military sales contracted through the U.S. government. The company was founded in 1912 and is based in Bethesda, Maryland.
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Today's Range

Now: $459.36
Low: $456.06
High: $463.69

50 Day Range

MA: $441.34
Low: $418.02
High: $464.14

2 Week Range

Now: $459.36
Low: $393.77
High: $480.92

Volume

412,574 shs

Average Volume

1,167,027 shs

Market Capitalization

$110.47 billion

P/E Ratio

16.67

Dividend Yield

2.73%

Beta

0.48