Michael T. Strianese

Michael T. Strianese is an American businessman and currently the Chairman, President, and Chief Executive Officer of L-3 Communications Holdings Inc.

Career

He became the President, Chief Executive Officer, and a Director in October 2006, and he was promoted to the Chairman of the Board on October 7, 2008. He joined the company in April 1997 as the Vice President - Finance and Controller and has held various positions since then, including Corporate Ethics Officer, interim Chief Executive Officer, Chief Financial Officer, and Senior Vice President - Finance.[1]

In 2007, Strianese played an important role in L-3 Communications Holding's formation and served as the company's first Vice President of Finance and Controller. Before 2007, he was the company's first Corporate Ethics Officer, in which he was responsible for the development and implementation of a company-wide integrity program that encompassed all employees.[2]

Prior to his employment at L-3 Communications Holdings, he was the Vice President and Controller of Lockheed Martin's C31 and Systems Integration Sector from April 1996 to April 1997. He was also previously employed by Ernst & Young.[3]

Salary, bonuses, stocks, stock options, &c

While CEO of L-3 Communications Holdings Inc. in 2008, Michael T. Strianese earned a total compensation of $12,414,890, which included a base salary of $1,145,385, a cash bonus of $2,750,000, stocks granted of $5,123,485, options granted of $3,299,999, and other compensation of $96,021.[4] In 2009, Strianese earned a total compensation of $13,669,590, which included a base salary of $1,284,231, a cash bonus of $3 million, stocks granted of $5,733,932, options granted of $3,499,995, and other compensation of $151,432.[5]

References

  1. ↑ Michael T. Strianese Profile, Forbes.com
  2. ↑ http://www.l-3com.com/about-l3/
  3. ↑ Michael T. Strianese Profile & Biography, BusinessWeek
  4. ↑ 2008 CEO Compensation for Michael T. Strianese, Equilar
  5. ↑ 2009 CEO Compensation for Michael T. Strianese, Equilar
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