Lester Martinez-Lopez
Assistant Secretary Of Defense (Health Affairs)
Observations
- Millionaire
Estimated Net Worth
- $1.6 M - $4.7 M
Salary
- Unknown
Employment
- Started 02/16/2023
Financial Disclosure Details - OGE Form 278e (12/08/2022)
Positions Held Outside United States Government
# | Organization | City | Position | To |
|---|---|---|---|---|
1 | Valrico, Florida | President & CEO | Present | |
2 | Somerville, South Carolina | Chairman of the Board | 3/2022 | |
3 | San Juan, Puerto Rico | Chairman of the Board | 11/2022 | |
4 | Washington, District of Columbia | Member of the Board | Present | |
5 | Valrico, Florida | Trustee | Present |
Employment Assets & Income and Retirement Accounts
# | Description | Value | Income Type | Income Amount |
|---|---|---|---|---|
1 | Martinez Medical Consulting, LLC (Provides medical consulting.) | None (or less than $1,001) | Consulting Fees | $248,500 |
1.1 | Medical Technology Enterprise Consortium | Consulting Fee | $32,500 | |
2 | IRA | |||
2.1 | Invesco FTSE RAFI Dev. Markets ex-U.S. Small-Mid ETF (PDN) | $1,001 - $15,000 | None (or less than $201) | |
2.2 | ISHARES MSCI EAFE SMALL (SCZ) | $1,001 - $15,000 | None (or less than $201) | |
2.3 | ISHARES RUSSELL 2000 (IWM) | $15,001 - $50,000 | None (or less than $201) | |
2.4 | Real Estate Select Sector SPDR Fund (XLRE) | $1,001 - $15,000 | None (or less than $201) | |
2.5 | Vanguard Dividend Appreciation Index Fund ETF Class Shares (VIG) | $1,001 - $15,000 | None (or less than $201) | |
2.6 | VanguardEmerging Markets Stock Index Fund ETF Shares (VWO) | $15,001 - $50,000 | None (or less than $201) | |
2.7 | Vanguard Growth ETF (VUG) | $1,001 - $15,000 | None (or less than $201) |
Employment Agreements and Arrangements
# | Employer Or Party | City | Status And Terms | Date |
|---|---|---|---|---|
1 | Valrico, Florida | My consulting business will be inactive during my appointment and all outstanding client fees will be fixed before I enter government service. | 11/2021 |
Sources of Compensation Exceeding $5,000 in a Year
# | Source | City | Duties |
|---|---|---|---|
1 | Valrico, Florida | Provided consultation regarding medical and research issues. | |
2 | Somerville, South Carolina | Was President and Chairman of the Board and now just Chairman of the Board for 501(c)(3) biomedical technology consortium collaborating under an Other Transaction Agreement with the U.S. Army Medical Research and Development Command. | |
3 | Winston-Salem, North Carolina | Provided consultative services regarding Regenerative Medicine Research. | |
4 | Collegeville, Pennsylvania | Provided strategic medical consultation. |
Spouse's Employment Assets & Income and Retirement Accounts
# | Description | Value | Type | Amount |
|---|---|---|---|---|
1 | IRA | |||
1.1 | ISHARES RUSSEL 2000 ETF (IWM) | $1,001 - $15,000 | None (or less than $201) | |
1.2 | SCHWAB US DIVIDENDS (SCHD) | $1,001 - $15,000 | None (or less than $201) | |
1.3 | VANGUARD FTSE EMERGING (VWO) | $1,001 - $15,000 | None (or less than $201) | |
1.4 | VAGUARD HIGH DIVIDEND (VYM) | $1,001 - $15,000 | None (or less than $201) | |
1.5 | VANGUARD TOTAL STOCK (VTI) | $1,001 - $15,000 | None (or less than $201) | |
1.6 | VANGUARD VALUE ETF IV | $1,001 - $15,000 | None (or less than $201) | |
1.7 | FIDELITY ADVISOR GROWTH (FZAHX) | $1,001 - $15,000 | None (or less than $201) | |
1.8 | MORGAN STANLEY INST GROW (MSEQX) | $1,001 - $15,000 | None (or less than $201) | |
1.9 | PGIM HIGH YIELD Z (PHYZX) | $15,001 - $50,000 | None (or less than $201) |
Other Assets and Income
# | Description | Value | Type | Amount |
|---|---|---|---|---|
1 | U.S. bank #1 (cash) | $15,001 - $50,000 | Interest | $201 - $1,000 |
2 | U.S. credit union (cash) | $100,001 - $250,000 | Interest | $201 - $1,000 |
3 | U.S. bank #2 (cash) | $1,001 - $15,000 | None (or less than $201) | |
4 | WHOLE LIFE INS #1 American General Life Insurance Company | $50,001 - $100,000 | None (or less than $201) | |
5 | WHOLE LIFE INS #3 American General Life Insurance Company | $1,001 - $15,000 | None (or less than $201) | |
6 | WHOLE LIFE INSURANCE #5 American General Life Insurance Company | $15,001 - $50,000 | None (or less than $201) | |
7 | WHOLE LIFE INS #2 American General Life Insurance Company | $15,001 - $50,000 | None (or less than $201) | |
8 | WHOLE LIFE INSURANCE #4 American General Life Insurance Company | $15,001 - $50,000 | None (or less than $201) | |
9 | WHOLE LIFE INSURANCE #7 American General Life Insurance Company | $1,001 - $15,000 | None (or less than $201) | |
10 | WHOLE LIFE INSURANCE # 6 American General Life Insurance Company | $15,001 - $50,000 | None (or less than $201) |
Transactions
# | Description | Type | Date | Amount |
|---|---|---|---|---|
Nothing reported in this section | ||||
Liabilities
# | Creditor | Amount | Incurred | Term |
|---|---|---|---|---|
Nothing reported in this section | ||||
Gifts and Travel Reimbursements
# | Source Name | City | Description | Value |
|---|---|---|---|---|
Nothing reported in this section | ||||
Endnotes
Section | # | Description |
|---|---|---|
1 | 3 | Volunteered Uncompensated Position |
1 | 4 | Volunteered Uncompensated Position |
2 | 1.1 | This income is included in the total amount of income reported in Part 2, line 1. |
4 | 1 | The clients for Martinez Medical Consulting are the Medical Technology Enterprise Consulting (MTEC) for services as President and Chairman of the Board, and Wake Forest University for consulting services regarding Regenarive Medicine Research. |
4 | 2 | Services provided through Martinez Medical Consulting, LLC. |
4 | 3 | Services provided through Martinez Medical Consulting, LLC. |
4 | 4 | Services provided through Martinez Medical Consulting, LLC. |
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