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Calhoun was supposed to be overseeing efforts to reform a safety culture that was so broken, Boeing has acknowledged its lapses led to the deaths of 346 people in two separate crashes in 2018 and ...
Boeing's CEO defended his record amid accusations that the company had put its financial health over the safety of its planes, asserting that new policies had been put in place to correct past issues.
The figure exceeded Calhoun's target compensation of $25.5 million. Dave Calhoun, the outgoing CEO of Boeing, will stay on the company's board. (REUTERS/David Ryder/Files) (Reuters / Reuters)
David L. Calhoun (born April 18, 1957) is an American executive who was the president and chief executive of Boeing from January 2020 to August 7, 2024. In March 2024 ...
Boeing CEO Dave Calhoun said Monday he intends to leave the beleaguered company by the end of the year in a major shakeup of the company’s leadership. Boeing’s chairman and the head of the ...
Most definitions specify the employment termination is as a result of a merger or takeover, [1] [2] [3] also known as "change-in-control benefits", [4] but more recently the term has been used to describe perceived excessive CEO (and other executive) severance packages unrelated to change in ownership (also known as a golden handshake). [5]
On December 23, 2019, the Boeing board had voted unanimously for David Calhoun to replace Dennis Muilenburg as chairman and president effective January 2020. [27] [28] Muilenburg reportedly departed Boeing with stock options and additional assets worth about $80 million, but no severance.
In an interview with the New York Times upon his appointment, Calhoun, who had served on the board of Boeing since 2009 and was appointed non-executive chairman in 2019, promised to change the ...