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Boeing CEO Dave Calhoun was awarded a giant stock bonus on top of his more-than-a-million-dollar salary last year, despite overseeing a company that has been plagued by chronic losses and safety ...
The company said Friday that after the accident on the Alaska Airlines Boeing 737 Max, Calhoun declined a bonus for 2023 that was targeted at nearly $3 million. ... a bonus for 2023 that was ...
The 2023 pay package of Boeing's CEO, who recently announced his departure in the midst of a safety crisis, rose about 45% to nearly $33 million, the U.S. planemaker said on Friday. However ...
Boeing says annual employee bonuses will focus on safety. March 7, 2024 at 7:51 PM (Reuters) -Boeing said on Thursday it is overhauling how it pays employee bonuses to emphasize quality and safety ...
Boeing announced in March 2023 that Calhoun would not receive a $7 million performance-based bonus, which had been tied to getting the new widebody 777X into service by the end of 2023. [ 18 ] [ 20 ] In February 2023, Boeing awarded Calhoun an incentive of about $5.29 million in restricted stock units to "induce him to stay throughout the ...
Boeing's latest offer includes upfront pay raises of 12% plus three annual raises of 6% each. It would double the size of ratification bonuses to $6,000. It also would keep annual bonuses based on ...
On November 1, 2024, the IAM endorsed an improved contract offer which would see a 38% pay rise over four years, a $12,000 ratification bonus, and the reinstatement of an annual bonus scheme. [40] On November 5, 2024, Boeing workers accepted the pay deal, ending a seven-week-long walk out. [41]
Boeing shareholders on Friday approved CEO David Calhoun's $32.8 million compensation and heard leaders explain what the troubled aircraft maker is doing to improve the quality and safety of its ...