Search results
Results from the WOW.Com Content Network
At Boeing, Calhoun was a director, starting in 2009, and was named lead independent director in 2018. [10] [6] The company separated the roles of chairman and chief executive officer in the fall of 2019 so that Muilenburg could "implement changes to sharpen Boeing's focus on product and services safety", according to a press release. [11]
In December 2019, Boeing announced that Muilenburg resigned as the CEO and board director, in the aftermath of the two crashes of 737 MAX aircraft. Although he forfeited stock worth $14.6m, Muilenburg was contractually entitled to receive $62.2m in stock and pension awards. [18] This payment by Boeing attracted criticism.
Ortberg became a member of Boeing's board of directors after becoming its president and CEO on August 8, 2024. [7] Ortberg has chosen to be based in the Seattle area, where the company's main commercial aircraft assembly plants are located.
He bought 25,000 shares in an investment worth about $4 million in November 2022, and he purchased 800 shares in an investment worth about $34,000 six weeks after he joined the board in 2009.
Boeing's CEO got compensation worth nearly $33 million last year but lost a $3 million bonus. The Associated Press. April 5, 2024 at 6:44 PM.
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 ...
Boeing CEO Dennis Muilenburg and US President Donald Trump at the 787-10 ... The company's operating loss amounted to $1.39 billion and its net loss to $1.43 billion ...
Boeing, no. 58 on the Fortune 500, announced on Monday that president and CEO Dave Calhoun—a 26-year GE veteran who took over in January 2020—would be stepping down at the end of 2024.