William A. LaPlante
Under Secretaryof Defense for Acquisition & Sustainment
Observations
- Millionaire
Estimated Net Worth
- $1.7 M - $3.7 M
Salary
- Unknown
Employment
- Started 04/07/2022
Financial Disclosure Details - OGE Form 278e (05/01/2023)
Positions Held Outside United States Government
# | Organization | City | Position | To |
---|---|---|---|---|
1 | Charles Stark Draper Laboratory, Inc. | Cambridge, Massachusetts | CEO | 4/2022 |
2 | Arka GP, LLC – formerly Amergint Topco GP, LLC | New York, New York | Member, Board of Managers | 4/2022 |
3 | El Segundo, California | Member Board of Trustee | 4/2022 | |
4 | Arlington, Virginia | Member, Board for Directors | 4/2022 | |
5 | Lightweight Innovations for Tomorrow (LIFT) | Detroit, Michigan | Member, Board of Directors | 4/2022 |
6 | Gloster Consulting LLC | Bethesda, Maryland | Owner | Present |
Employment Assets & Income and Retirement Accounts
# | Description | Value | Income Type | Income Amount |
---|---|---|---|---|
1 | The Charles Stark Draper Laboratory, Inc. | Salary/Bonus | $222,363 | |
2 | Arka GP, LLC – formerly Amergint Topco GP, LLC | Consulting Fees | $50,000 | |
3 | Aerospace Corporation | Salary | $7,500 | |
4 | Johns Hopkins University Applied Physics Laboratory 403(B)7 | |||
4.1 | Vanguard Institutional Target Retirement 2030 (VTTWX) | $50,001 - $100,000 | None (or less than $201) | |
5 | Johns Hopkins University Applied Physics Laboratory - 401(a) | |||
5.1 | Vanguard Target Retirement 2030 Trust | $500,001 - $1,000,000 | None (or less than $201) | |
6 | Charles Stark Draper Laboratory - 457(b) | |||
6.1 | TIAA-CREF Lifecycle 2025 Fund Institutional Class (TCYIX) | $15,001 - $50,000 | None (or less than $201) | |
7 | MITRE Corporation Tax Sheltered Annuity - 403(B) |
Employment Agreements and Arrangements
# | Employer Or Party | City | Status And Terms | Date |
---|---|---|---|---|
1 | Johns Hopkins University Applied Physics Laboratory | Laurel, Maryland | I will continue to participate in the defined contribution plans. The sponsor has not contributed to these plans after my separation. | 8/1985 |
2 | Charles Stark Draper Laboratory | Cambridge, Massachusetts | Pursuant to the terms of my agreement with the company, I was paid the balance of unpaid travel reimbursement through the date of my resignation. Upon my resignation, I forfeited the unvested portion of the employer contribution to my 403(B) defined contribution plan. I will continue to participate in the defined contribution plans. The plan sponsor will not make further contributions after my separation. | 10/2020 |
3 | The MITRE Corporation | McLean, Virginia | I will continue to participate in these defined contribution plans. The sponsor has not contributed to these plans after my separation. | 5/2011 |
4 | Gloster Consulting LLC | Bethesda, Maryland | During my appointment, the LLC will remain dormant and will not advertise. I will not perform any services for the entity, except that I will comply with any requirements involving legal filings, taxes and fees that are necessary to maintain the entity while it is in inactive status. | 2/2019 |
5 | Arka GP, LLC – formerly Amergint Topco GP, LLC | New York, New York | Pursuant to the terms of my agreement with the company, I was paid the balance of my consulting fees for services provided through the date of my resignation. | 8/2020 |
6 | Arka Group, L.P. | New York, New York | As compensation for my services to Arka GP, LLC, I hold Class B profits interest units in Arka Group, L.P. Upon separation from Arka GP, LLC, I retained my vested profits interest units in Arka Group, L.P. Pursuant to the terms of my profits interest unit award agreement, I will only receive compensation from my units if the units are repurchased by Arka Group, L.P at fair market value within three years of the date of my separation from Arka GP, LLC, or if there is a sale or change in control of the partnership. In the event of a sale or change in control, Unit A holders have the right to recover their investment, plus a rate of return of 12.5% per year before Unit B holders are entitled to any value. If Arka Group, L.P is sold at a value higher than the Unit A investment amount plus the rate of return for each succeeding year, the remaining sales proceeds will be split based on the percentage of Unit A holders (87.4%) and the percentage of Unit B holders (12.6%) and allocated in accordance with the number of vested profits interest units held. | 8/2020 |
Sources of Compensation Exceeding $5,000 in a Year
# | Source | City | Duties |
---|---|---|---|
Nothing reported in this section |
Spouse's Employment Assets & Income and Retirement Accounts
# | Description | Value | Type | Amount |
---|---|---|---|---|
Nothing reported in this section |
Other Assets and Income
# | Description | Value | Type | Amount |
---|---|---|---|---|
1 | U.S. credit union #1 (cash) | $250,001 - $500,000 | None (or less than $201) | |
2 | U.S. credit union #2 (cash) | $1,001 - $15,000 | None (or less than $201) | |
3 | Amazon.com, Inc. (AMZN) | $1,001 - $15,000 | None (or less than $201) | |
4 | Costco Wholesale Corp. (COST) | $1,001 - $15,000 | None (or less than $201) | |
5 | Life Insurance Policy (universal plan) - Transamerica- | $1,001 - $15,000 | None (or less than $201) | |
6 | Life Insurance Policy (universal plan) Transamerica | $1,001 - $15,000 | None (or less than $201) | |
7 | TIAA-CREF Equity Index Fund - Retail Class (TINRX) | $1,001 - $15,000 | None (or less than $201) | |
8 | TIAA CREF Lifetime Annuity Variable Select | |||
8.1 | TIAA-CREF Stock Index Fund | $1,001 - $15,000 | None (or less than $201) |
Transactions
# | Description | Type | Date | Amount |
---|---|---|---|---|
Nothing reported in this section |
Liabilities
# | Creditor | Amount | Incurred | Term |
---|---|---|---|---|
1 | APL Federal Credit Union | $100,001 - $250,000 | 2010 | 15 years |
Gifts and Travel Reimbursements
# | Source Name | City | Description | Value |
---|---|---|---|---|
Nothing reported in this section |
Endnotes
Section | # | Description |
---|---|---|
1 | 6 | LLC has not been used and has had no fiscal transactions or monetary value |
2 | 9 | 100% Vested |
2 | 10 | All unvested shares were forfeited upon my resignation. |
2 | 14 | No longer held. All unvested profit interests were forfeited upon my separation from Arka GP, LLC. |
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