Lester Martinez-Lopez
Assistant Secretary of Defense for Health Affairs
Estimated Net Worth
  • estimated net worth
    $1.6 M - $4.7 M
Salary
  • 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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