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Boeing CEO Calhoun took home $5 million last year, compensation package hit by Max crisis - TL;DR CNBC

Boeing CEO Calhoun took home $5 million last year, compensation package hit by Max crisis

Publishing timestamp: 2024-04-05 20:35:25


Summary

Boeing CEO Dave Calhoun to step down by end of year amid 737 Max safety crisis. Total compensation for 2023 is $32.8 million, up from $22.6 million. Company will tie more executive compensation to safety goals. Shares down almost 30% this year. Total compensation for other executives also rose. Boeing grappling with fallout of recent safety incidents. Executive compensation to be tied to safety goals going forward.


Sentiment: MIXED

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Keywords: breaking news: markets,  breaking news: politics,  business news,  boeing co,  airlines,  markets,  travel,  alaska air group inc,  business,  transportation,  life,  politics,  breaking news: business,  ceo,  aerospace and defense industry, 

Source: https://www.cnbc.com/2024/04/05/boeing-ceo-calhoun-took-home-5-million-last-year-ahead-of-737-max-crisis.html


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