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    Thomas A. Bell

    Chief Executive Officer at Leidos Holdings Inc
    Since May 3, 2023
    Age
    64 years
    Tenure
    Joined LDOS as Chief Executive Officer on May 03, 2023, and has held this position since then.

    Also at Leidos Holdings Inc

    BZL
    Brian Z. Liss
    Senior Vice President, Deputy General Counsel, and Corporate Secretary
    CRC
    Christopher R. Cage
    Executive Vice President and Chief Financial Officer
    CG
    Cindy Gruensfelder
    President of the Defense Systems Sector

    About

    Thomas A. Bell is a seasoned executive with over four decades of experience in the aerospace and defense sectors. Beginning his career with Lockheed Martin in human space flight, he built his reputation at several prestigious companies before taking on his current role at LDOS.

    During his career, he held key leadership positions at The Boeing Company where he served as Senior Vice President of Global Sales and Marketing for Defense, Space, and Security, and later made significant contributions at Rolls-Royce plc as President of Defense and Chairman and CEO of Rolls-Royce North America.

    His appointment as CEO of LDOS on May 03, 2023 marks another milestone in an illustrious career. Now at 64 years old, he brings strategic insight and global experience to the company, further driving innovation and growth across the organization.

    $LDOS Performance Under Thomas A. Bell

    Past Roles

    OrganizationRoleDate RangeDetails
    Rolls-Royce North AmericaChairman and CEO – Rolls-Royce North AmericaFeb 2018 – May 2023Held concurrently while serving as President at Rolls-Royce plc; managed U.S. operations across 26 states and Canada
    Rolls-Royce plcPresident – Defense Rolls-Royce plcFeb 2018 – May 2023Oversaw the full range of business in North America and led U.S. government and stakeholder management
    The Boeing CompanySenior Vice President of Global Sales and Marketing for Defense, Space, and Security2015 – 2018Led global sales and marketing initiatives for Boeing's defense, space, and security segment
    Rolls-Royce Defense AerospacePresident (Customer Business, North America)Mid-2012 – 2015Served as President overseeing North American operations before transitioning to Boeing
    Lockheed MartinAerospace Professional – Human Space FlightN/ABegan his aerospace career in human space flight without a specified date

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$1,250,000 AnnualFixed base salary for 2023
    Sign-On Bonus$1,450,000 One-timeCash bonus provided to compensate for forfeited equity awards; subject to clawback if resignation without Good Reason or termination for Cause before May 3, 2025

    Performance Compensation

    Data from  FY 2023

    Performance Share Units (PSUs)

    MetricValue
    Performance MetricsRelative TSR (50%) & Revenue (50%)
    Threshold14,160 shares
    Target28,320 shares
    Maximum56,640 shares
    Vesting ScheduleVests at end of 3-year period (2023-2025)
    Grant DateMay 5, 2023
    Grant Date Fair Value$2,118,478
    Additional DetailsPayout contingent on achieving performance criteria

    Restricted Stock Units (RSUs)

    MetricValue
    Performance MetricAdjusted EPS ≥ $3.32
    Vesting Schedule3-year ratable: 34% on 1st anniversary, 33% on 2nd & 3rd
    Grant DateMay 5, 2023
    Grant Date Fair Value$1,350,014
    Additional DetailsComprises 30% of targeted long-term incentives

    Stock Options

    MetricValue
    Grant DateMay 5, 2023
    Grant Date Fair Value$900,004
    Exercise Price$79.45 per share
    Vesting Schedule3-year ratable: 34% on 1st yr, 33% on 2nd & 3rd yrs
    Expiration DateMay 5, 2030
    Additional DetailsValue realized via stock price appreciation; no performance metric

    Non-Equity Incentive Plan Compensation

    MetricValue
    Performance MetricsAdjusted Operating Income (40%), Operating Cash Flow (30%), Book-to-Bill Ratio (30%)
    Threshold$1,087,500
    Target$1,875,000
    Maximum$2,812,500
    Actual Payout$2,538,000 (Financial: $2,056,500 , Personal: $481,500 )
    Evaluation PeriodFiscal 2023
    Grant DateFebruary 7, 2024 (payout based on 2023 performance)
    Additional DetailsCash-based incentive including a 1.07x Engage multiplier in personal score