AlixPartners exclusive advisor as Chief Executive of the Year named

29 May 2018 2 min. read

Global consulting firm AlixPartners served as exclusive advisor to Chief Executive Magazine, as the prestigious publication deliberated on who to name Chief Executive of the Year for 2018. In the end, Lockheed Martin CEO Marillyn Hewson scooped the award.

Marillyn Hewson, President and CEO of Lockheed Martin, was named the 2018 Chief Executive of the Year and congratulated by AlixPartners on her success. The consulting firm served as exclusive advisor to the selection committee of Chief Executive Magazine, which has been issuing the prestigious award since 1986.

It is the second year running that AlixPartners has been chosen to advise the committee. In 2017 Randall Stephenson of AT&T won the award. Past luminaries include Bill Gates (1994), Bob Ulrich (2007), and Bob Iger (2014) – fitting company for Hewson, aged 64, who has been Lockheed CEO since 2013 and was named among the world’s top 20 most powerful women by Forbes in 2015.

"It gives AlixPartners great pleasure to congratulate Marillyn Hewson on winning this prestigious award, and to help showcase the values, beliefs, and behaviors of a genuine leader," said Ted Bililies, Global Head of the Organization & Transformative Leadership practice at AlixPartners and the expert who served as the exclusive advisor to the selection committee.

"In our day-to-day work at AlixPartners, we encounter some of the best leaders that business has to offer, but I know I speak for our entire selection committee in saying that Marillyn has a combination of leadership qualities that are rare indeed. 

AlixPartners exclusive advisor as Chief Executive of the Year named

Other members of the selection committee included Mark Weinberger, CEO of EY Ltd, Dan Glaser, President and CEO of Marsh & McLennan Companies Inc, and Jeffery Sonnenfeld, President and CEO of the Yale School of Management's Chief Executive Leadership Institute. The elite group of judges selected Hewson from a shortlist of 10 candidates who were among the most frequently nominated by their peers through a Chief Executive Magazine survey.

"Great CEOs position their companies to be at the forefront of their industries, focus on being nimble enough to adapt to ever-changing trends, and are courageous enough to continue scaling towards triumph in spite of any roadblocks," said Fred Crawford, Senior Vice Chair of AlixPartners. "In a company with the size and scope of Lockheed Martin, that's no easy feat—but Marillyn has certainly earned the respect of her peers on many levels."

Hewson will be on the cover page of the magazine’s summer issue. She is the second woman to grace the cover, ten years after Anne Mulcahy of Xerox. The Lockheed chief – who has been at the firm since 1983 – will officially receive her award at a dinner at the United Nations Headquarters in New York City in July. Simon Freakley, CEO of AlixPartners, will be a guest speaker.