Boeing's new CEO to get $7 million if 737 Max in operation again - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Boeing's new CEO will get a $7 million payout if he successfully gets the troubled 737 Max flying again

released by Boeing to Congress revealed that employees within the company mocked the Federal Aviation Administration and discussed security concerns related to the 737 Max.

"This airplane is designed by clowns who in turn are supervised by monkeys," one employee wrote in an instant message," one employee wrote in a message about the 737 Max. Payout conditions for Muilenburg, who lost his job for poor handling of the fatal crashes, were also detailed in the filing. And although Boeing stripped him of his bonus, any severance pay, and other incentives worth nearly $15 million, Muilenburg was givenmade up of Boeing stock, pension payments, and other deferred contributions.

The financial packages of both men were disclosed on the same day that Spirit AeroSystems, a Kansas-based manufacturer which received a significant portion of its revenue from the embattled 737 Max, Still, Calhoun remains confident that he was up to the task of reviving the 737 Max. In an"We'll get it done, and we'll get it done right," he wrote.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Amazing, just throw more money at the problem. Just listen to the folks working on the line.

These bonuses is what causes excessive Executive risk taking in the first place. BoeingAirplanes BoeingCEO you still don't get it, so don't be surprised if your planes fall out of the sky again.

I’ll do it for $3 million, provided I don’t have to get on one

$70 million if he gets the 737 Max to fly without crashing again.

Missing a zero?

$’s over safety, sounds very reasonable. What could go wrong? boeing

Ireland Ireland Latest News, Ireland Ireland Headlines