Boeing CEO forgoes $3.6 million, but gets $21 million in total pay as Covid-19 roiled business

  • 📰 CNBC
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Boeing CEO forgoes $3.6 million in bonuses, but gets $21 million in total pay as Covid-19 roiled business

Boeing CEO Dave Calhoun stopped taking his $1.4 million-a-year salary in March 2020 as the Covid-19 pandemic hit the industry.Dave Calhoun, Chairman of BoeingCEO Dave Calhoun didn't take most of his salary for 2020 or bonuses worth $3.6 million altogether, but he was still awarded more than $21 million in total compensation as Covid-19 devastated the aviation business last year, the company said Friday.

Calhoun became CEO in January 2020 after the board ousted the former chief executive Dennis Muilenburg over two deadly crashes of the Boeing 737 Max. Calhoun's appointment came just before the Covid-19 pandemic shook the global economy, hitting the aviation industry especially hard.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Yeah and er dont forget about all those people they killed... and the 100s of thousands of lives they were willing to risk to get their bonus. Morally bankrupt organization

Words can neither qualify how helpful your guidance and advice has been. You have really helped a lot of people reach their financial dreams and aims. I’m grateful! mullen_miki

Your great work has yielded so many results to us and I’m so grateful to be a part of this wonderful platform mullen_miki

I was having setback in my finances not until a friend introduced me to this awesome platform now my pocket is loaded and my home is doing well! mullen_miki

Only the richest and most powerful get paid to fail. It happens all the time. A broken system.

That’s effed up.

All trades made with mullen_miki has been justified and I made 6 consecutive withdrawals! I strongly recommend her for you to trade.

Bet he's aged over the last year....

Everyday I keep thanking God for directing me to your path. You’re truly God sent! I’m debt free mullen_miki

Well deserved. JoeSquawk

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités