Draper Laboratory CEO salary and executive pay
Draper Laboratory paid its CEO, Jerry Wohletz, $2,106,272 for the fiscal year ending June 2025. That is up $341,168 (19.3%) from the fiscal year ending June 2024. Total revenue on that return was $949,348,102, up 9.0% from $871,099,348 for the fiscal year ending June 2024. Draper Laboratory ranks 6th of 15 research institutes on this site by CEO pay. Draper Laboratory has 4 Form 990 returns on record, for fiscal years ending 2022 to 2025.
Last updated from IRS e-file data. EIN 04-2505372, Cambridge, MA.
CEO, fiscal year ending June 2025
$2,106,272
- Total revenue
- $949,348,102
- CEO pay vs. peers
- Higher than 72%
Source: Form 990, fiscal year ending June 2025, IRS object ID 202620829349301312.View the filing
Peers: the 330 other organizations on this site with revenue of $500 million to $5 billion. Ranked 93rd of 331 by top pay as a share of revenue. Pay is 0.22% of revenue, our calculation from the same return. Revenue is Part I, line 12; peers are compared on their latest full-year returns.
Highest-paid people on the latest return
On the latest return, 9 people were paid more than $500,000, 1 of them more than $1 million.
| Name and title | Total |
|---|---|
| Jerry Wohletz CEO PRESIDENT AND CEO | $2,106,272 |
| Robert BaconVP, STRATEGIC SYSTEMS PROGRAMS | $656,583 |
| Anthony S KourepenisVICE PRESIDENT, ENGINEERING | $643,330 |
| Julia MacdonoughVP, GM AF & MD STATERGIC SYSTEMS | $573,844 |
| Sarah B LeeperVICE PRESIDENT, ELECTRONIC SYSTEMS | $571,941 |
Also paid on the latest return: Nancy Lightbody (VICE PRESIDENT, CHRO), $552,801; Frank J Serna (VP, USAF & MDA STRATEGIC SYSTEMS), $552,652; Marjorie Quant (CHIEF OPERATING OFFICER), $519,232; Jennifer Santos (VP, CHIEF STRATEGY OFFICER), $502,436; Mary Kim (SECRETARY, VP & GEN COUNSEL), $499,052; Tara Clark - Former (VP, OPERATIONS & COMMERCIAL PROGRAMS), $399,436; Carrie George (CFO, TREASURER), $378,021; David R Shedd (DIRECTOR), $110,014; Amr A Elsawy (CHAIRMAN), $87,500; Betty Sapp (DIRECTOR), $85,000; David B Aronoff (DIRECTOR), $85,000; D Rick Williams (DIRECTOR), $85,000; Terry J Benedict (DIRECTOR), $85,000; Lt Gen Ret Francis Kearney (DIRECTOR), $75,000; Cynthia Collins (DIRECTOR), $75,000; and 5 more.
CEO pay by year
Each row is the CEO on that year's return.
| Fiscal year ending | Name and title | Total | Revenue | Source |
|---|---|---|---|---|
| Jun 2025 | Jerry Wohletz CEO PRESIDENT AND CEO | $2,106,272 | $949,348,102 | Filing |
| Jun 2024 | Jerry Wohletz CEO PRESIDENT AND CEO | $1,765,104 | $871,099,348 | Filing |
| Jun 2023 | Jerry Wohletz CEO PRESIDENT AND CEO | $839,536 | $764,551,452 | Filing |
| Jul 2022 Amended | William A Laplante CEO PRESIDENT AND CEO-END APR 2022 | $886,360 | $673,284,424 | Filing |
How this pay was reported
The parts of each total, as reported on the return for the fiscal year ending June 2025.
Source: Form 990, fiscal year ending June 2025, IRS object ID 202620829349301312.View the filing
| Part VII | Schedule J | |||||||
|---|---|---|---|---|---|---|---|---|
| Name and title | From org | Other | Base | Bonus | Other | Deferred | Nontaxable | Total |
| Jerry WohletzPRESIDENT AND CEO | $1,793,133 | $313,139 | $875,698 | $894,435 | $23,000 | $272,905 | $40,234 | $2,106,272 |
| Robert BaconVP, STRATEGIC SYSTEMS PROGRAMS | $533,189 | $123,394 | $397,713 | $112,476 | $23,000 | $89,512 | $33,882 | $656,583 |
| Anthony S KourepenisVICE PRESIDENT, ENGINEERING | $515,465 | $127,865 | $386,375 | $106,090 | $23,000 | $87,961 | $39,904 | $643,330 |
| Julia MacdonoughVP, GM AF & MD STATERGIC SYSTEMS | $481,444 | $92,400 | $383,893 | $97,551 | $0 | $52,795 | $39,605 | $573,844 |
| Sarah B LeeperVICE PRESIDENT, ELECTRONIC SYSTEMS | $485,264 | $86,677 | $386,126 | $99,138 | $0 | $52,795 | $33,882 | $571,941 |
These figures come from Draper Laboratory's Form 990 returns, as the IRS publishes them. The methodology page explains how they're chosen. To report an error, email corrections@ceopaycheck.com.
How Draper Laboratory compares
Ranked 6th of 15 research institutes by CEO pay.
- Previous in this ranking: 5th, Noblis, $2,126,732
- Next in this ranking: 7th, American Society of Mechanical Engineers, $2,088,766
Closest in revenue among organizations in the same revenue band:
Kamehameha Schools$1,721,931 (CEO), fiscal year ending Jun 2025
Southwest Research Institute$1,799,081 (CEO), fiscal year ending Sep 2025
SCL Health$3,849,642 (highest-paid), fiscal year ending Dec 2024
The Metropolitan Museum of Art$1,871,720 (CEO), fiscal year ending Jun 2025
Blue Meridian Partners$1,549,315 (CEO), fiscal year ending Sep 2025
Common questions
Jerry Wohletz (PRESIDENT AND CEO) was paid $2,106,272 for the fiscal year ending June 2025: $1,793,133 from Draper Laboratory and $313,139 in other compensation (Part VII columns D and F).
The CEO, Jerry Wohletz, was the highest-paid person on the latest return, at $2,106,272.
Draper Laboratory paid its CEO, Jerry Wohletz, $2,106,272 for the fiscal year ending June 2025. That is up $341,168 (19.3%) from the fiscal year ending June 2024. The earliest return on record is for the fiscal year ending July 2022, when the CEO was William A Laplante, paid $886,360. By fiscal year end: July 2022, $886,360 (William A Laplante); June 2023, $839,536 (Jerry Wohletz); June 2024, $1,765,104; June 2025, $2,106,272.
Draper Laboratory's return for the fiscal year ending June 2025 reports total expenses of $919,457,813 and total revenue of $949,348,102 (Part I, lines 18 and 12), so revenue exceeded expenses by $29,890,289. Expenses were $830,228,101 for the fiscal year ending June 2024, so they rose 10.7%. The CEO's pay of $2,106,272 equals 0.23% of expenses, our calculation.
From the 4 Form 990 returns Draper Laboratory filed with the IRS for fiscal years ending 2022 to 2025. The latest full-year return was filed on March 23, 2026. Schedule J of the fiscal year ending June 2025 return breaks down pay for all 5 people in the pay breakdown above.