What is Phebe Novakovic Net Worth 2024: Sources of Wealth, Income/Salary & More

What is Phebe Novakovic 2024 Sources of Wealth, IncomeSalary and More

Hey there, WorldOfCEOs dives into Phebe Novakovic net worth, the powerful CEO of General Dynamics. Discover her financial success, salary, and career milestones.

Quick Facts

Real NamePhebe Novakovic
Popular NamePhebe
Birth DateNovember 1957
Age66 years old
NationalityUnited States
EthnicitySerbian descent
EducationSmith College, Wharton School
Marital StatusMarried
Sexual OrientationN/A
Wife/SpouseDavid Morrison
Net Worth$450M
Source of WealthAerospace, General Dynamics

What is the Net Worth Of Phebe Novakovic 2024?

What is the Net Worth Of Phebe Novakovic 2024

According to public sources like Forbes & others, Phebe Novakovic’s net worth is estimated at around $450 million as of 2024. This places her among the elite in the aerospace and defense industries. Compared to other richest people in the world, Novakovic’s wealth is substantial. For instance:

  • Marillyn Hewson, former CEO of Lockheed Martin, has a net worth of $250 million.
  • Gregory J. Hayes of Raytheon Technologies stands at $180 million, and
  • David Calhoun of Boeing is worth $250 million.
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What is Phebe Novakovic Income/Salary 2024?

In 2024, Phebe Novakovic earns an annual salary of $18.3 million. This impressive income reflects her pivotal role at General Dynamics and her significant contributions to the company’s growth and success.

Phebe Novakovic Finance Overview

Phebe Novakovic Finance Overview

Career Path

Phebe Novakovic’s career is nothing short of fascinating. Starting with the CIA and then moving to the Department of Defense, Novakovic gained invaluable experience in government and intelligence.

In 2001, she joined General Dynamics, marking the beginning of a notable corporate journey. By 2013, she had ascended to the roles of Chairwoman and CEO, leading the company through significant milestones.

Major Achievements and Acquisitions

One of Novakovic’s crowning achievements was leading General Dynamics in the $9.8 billion acquisition of CSRA in 2018. This move solidified the company’s position in the IT services sector, showcasing Novakovic’s strategic vision.

Her leadership has consistently driven General Dynamics to new heights, reinforcing its status as a powerhouse in the defense industry.

Board Memberships and Other Roles

Beyond her duties at General Dynamics, Novakovic serves on the boards of JPMorgan Chase and Abbott Laboratories.

These roles highlight her influence and standing in the corporate world. Her insights and leadership are valued across different sectors, further cementing her reputation as a formidable executive.

Personal Life and Background

Born in November 1957, Phebe Novakovic hails from a family with a military background, her father being an Air Force officer. She earned her BA from Smith College and an MBA from the Wharton School.

Novakovic resides in Fairfax, Virginia, with her husband, David Morrison, and their three children. Her personal life, though private, reveals a balanced and grounded individual.

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Recognition and Rankings

Over the years, Novakovic has received numerous accolades. Forbes has frequently listed her among the most powerful women in the world, with her ranking #76 on America’s Self-Made Women in 2024 and #29 on Power Women in 2023.

These recognitions are a testament to her influence and success in the industry.

Looking ahead, Novakovic’s leadership continues to steer General Dynamics towards new opportunities. With upcoming projects and strategic goals, her net worth is expected to grow further.

Social Media Accounts

  • Facebook (N/A)
  • Twitter (N/A)
  • Instagram (N/A)
  • YouTube (N/A)

FAQs about Phebe Novakovic

FAQs about Phebe Novakovic

Who is Phebe Novakovic?

Phebe is the CEO of General Dynamics, a major aerospace and defense company. She has been leading the company since 2013.

What is Phebe Novakovic’s background?

Novakovic has a military and intelligence background, having worked for the CIA and the Department of Defense before joining General Dynamics.

How did Phebe Novakovic become CEO of General Dynamics?

She joined General Dynamics in 2001 and held various leadership roles. Her strategic vision and leadership led her to the CEO position in 2013.

What are Phebe Novakovic’s main achievements?

Under her leadership, General Dynamics has seen significant growth and expansion, particularly in aerospace and IT sectors.

What is Phebe Novakovic’s management style?

Novakovic is known for her decisive and strategic approach, emphasizing innovation and efficiency within the company.

What is Phebe Novakovic’s educational background?

She holds an MBA from the Wharton School at the University of Pennsylvania and a bachelor’s degree from Smith College.

How does Phebe Novakovic influence the defense industry?

Novakovic’s decisions at General Dynamics impact the defense industry’s direction, especially regarding innovation and technology.

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In Summary

Phebe Novakovic’s net worth is a reflection of her exceptional career and strategic prowess. Her leadership at General Dynamics, coupled with her board roles, underscores her influence in the corporate world. For more insights into the financial lives of top CEOs, visit worldofceos.com!

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