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Boeing shareholders approve CEO's compensation as company faces investigations, possible prosecution

4 Comments
By DAVID KOENIG

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Calhoun announced in March that he would step down at the end of the year. Another shareholder said Calhoun should leave immediately.....tge company's ties to China.

Sounds very much like coming from airlines CEOs to me. They ALL put enormous pressure on Boeing (Calhuon) to deliver planes quickly (like Muilenburg did), and they all threw tantrums when Calhuon refused to give them finished planes parked in the desert but destined for China.

IMHO, if Boeing doesn't deal with these airlines effectively, safety will always be second to delivery. Can anyone even trust airlines when they open their mouth?

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Must be good to be CEO of a large American company. Doesn't matter if your company is losing money as well as its reputation, you'll still get paid a ton. I have to wonder in the name profits how much cost cutting in design and production has now led to serious safety issues. Might not be long before China catches up.

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New rule: If a door flies off one of our airplanes during flight, you don't get your bonus for that year.

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So a huge USA airplane maker, Boeing, responsible for hundreds of deaths because of their faulty products pays an out going CEO $30+ millions in compensation, and do not forget the millions they have cost numerous airline companies who have had to ground these planes. Any way, nothing to see here, it is all quite normal in the USA corrupt business world.

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