Marillyn Hewson Honored With Responsible CEO of the Year Award

Sep 25, 2013, 09:30 ET from Lockheed Martin

BETHESDA, Md., Sept. 25, 2013 /PRNewswire/ -- Lockheed Martin [NYSE: LMT] Chief Executive Officer and President Marillyn A. Hewson has been named a winner of the 2013 Responsible CEO of the Year Award by Corporate Responsibility (CR) Magazine. The annual awards are presented to CEOs across industries that visibly exceed standards in the areas of employee relations, environmental impact, human rights, philanthropy, and corporate responsibility practices.

As chief executive of the world's largest global security and aerospace company, Hewson's active commitment to sustainability has helped Lockheed Martin create enduring value through environmental, social, and governance performance. Under her leadership, Lockheed Martin has joined the Dow Jones Sustainability Index, maintained a top "A" rating for carbon performance in the CDP Global 500 Climate Change Report, and earned a place on CR Magazine's 100 Best Corporate Citizens.

"When it comes to sustainability, our goal is to promote innovative, responsible business practices that protect the environment, strengthen communities and propel responsible economic growth," said Hewson. "This award reflects the hard work and dedication of employees across Lockheed Martin who make our sustainability vision a reality. We've set ambitious goals for advancing that vision even further while creating value for all of our stakeholders."

All award winners were nominated by fellow members of the CR community and selected by an independent judging panel comprised of previous winners and other industry leaders.

In determining the winners, judges considered several dimensions of sustainability standards including: the scope of the CEO's impact on their organization and community, the extent to which the CEO drove this initiative, and the individual reputation or professional risk taken by the CEO.

"In a business landscape where transparency, sincerity and social impact are an ever important business goal, we are pleased to shine a spotlight on a group of individuals and their organizations which exude a commitment to their stakeholders and society," said Elliot Clark, CEO of SharedXpertise, the publisher of Corporate Responsibility Magazine. "This recognition is a true reflection of the way these organizations conduct business every day."

Headquartered in Bethesda, Md., Lockheed Martin is a global security and aerospace company that employs about 116,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration, and sustainment of advanced technology systems, products, and services. The Corporation's net sales for 2012 were $47.2 billion.

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SOURCE Lockheed Martin