Phebe Novakovic

Phebe Novakovic (Serbian Cyrillic: Фиби Новаковић) is an American businesswoman and former intelligence officer. She serves as the Chairwoman and Chief Executive Officer of General Dynamics. As of 2018, she is listed as the world's 25th most powerful woman in business by Forbes.[2]

Phebe Novakovic
EducationSmith College (BA)
University of Pennsylvania (MBA)
Net worth$157 million (November 2019)[1]
Spouse(s)David Morrison

Biography

Early life

Novakovic is of Serbian descent.[3] Phebe Novakovic graduated from Smith College in Northampton, Massachusetts in 1979 and received an M.B.A. from the Wharton School of the University of Pennsylvania in Philadelphia, Pennsylvania in 1988.[4][5][6]

Career

She worked for the Central Intelligence Agency.[4] From 1997 to 2001, she worked for the United States Department of Defense.[4][5]

She joined General Dynamics in 2001.[5] She became president and Chief Operation Officer in 2012.[5] She has served as the Chairman of the Board and Chief Executive Officer of General Dynamics since January 2013.[4][5][7][8]

She has sat on the Board of Directors of Abbott Laboratories since 2010.[7] As of 2018, she is listed as the 25th most powerful woman in the world by Forbes,[9] rising from 56th in 2015 and 65th in 2014.

Personal life

She is married.[4] In 2012, she earned US$6,887,772.[5] As CEO in 2014, she earned $18.99 million, a majority of which is in company equity.[10]

gollark: > A core proposition in economics is that voluntary exchanges benefit both parties. We show that people often deny the mutually beneficial nature of exchange, instead espousing the belief that one or both parties fail to benefit from the exchange. Across 4 studies (and 7 further studies in the Supplementary Materials), participants read about simple exchanges of goods and services, judging whether each party to the transaction was better off or worse off afterwards. These studies revealed that win–win denial is pervasive, with buyers consistently seen as less likely to benefit from transactions than sellers. Several potential psychological mechanisms underlying win–win denial are considered, with the most important influences being mercantilist theories of value (confusing wealth for money) and naïve realism (failing to observe that people do not arbitrarily enter exchanges). We argue that these results have widespread implications for politics and society.
gollark: (linking because I happened to read it recently)
gollark: But look at this: https://psyarxiv.com/efs5y/
gollark: I mean, *maybe* some behaviors make sense at population scale or in some bizarre game-theoretic way?
gollark: No, humans just act irrationally all the time for no good reason.

References
  1. "Phebe Novakovic Net Worth".
  2. "Forbes: The World's Most Powerful Women In Business 2018: Driving Change From The Corner Office".
  3. http://www.infobalkans.com/2014/03/20/phebe-novakovic-provided-plane-take-saric-podgorica
  4. Forbes
  5. Bloomberg BusinessWeek
  6. "Smith College: Outstanding Alumnae Named 2016 Smith Medalists".
  7. Abbott Laboratories Board of Directors Archived 2013-08-25 at the Wayback Machine
  8. General Dynamics Executive Team
  9. "Forbes: The World's Most Powerful Women In Business 2018: Driving Change From The Corner Office".
  10. http://seekingalpha.com/news/2388436-general-dynamics-ceo-earned-19m-in-2014


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