Boeing shareholders back outgoing CEO pay deal despite safety …

May 18, 2024 · Boeing shareholders voted Friday to back outgoing CEO Dave Calhoun's pay deal and reelection to the board, in an endorsement of company leadership as it faces heavy scrutiny over safety problems. The company announced the preliminary vote results at its annual …

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Disgruntled Boeing Investors Take Aim At $33 Million Pay For Ex …

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Jan 7, 2025 · Boeing shareholders pulled no punches at the aviation manufacturers’ shareholder meeting on Friday, asking the board how it could justify the CEO’s $33 million compensation …

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Investors OK Boeing CEO's Pay - LinkedIn

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May 17, 2024 · Despite Boeing's safety issues, including January's door-plug blowout, shareholders have given their blessing to outgoing CEO David Calhoun's nearly $33 million …

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FAQs about Boeing shareholders back outgoing CEO pay deal despite safety … Coupon?

Why did Boeing shareholders back Dave Calhoun's reelection?

This article was produced by AFP. For more information go to AFP.com. Boeing shareholders voted to back outgoing CEO Dave Calhoun's reelection to the board, company officials said Friday, in an endorsement of leadership as it faces heavy scrutiny over safety problems. ...

Will Boeing rebuke CEO Dave Calhoun?

While Boeing brass no doubt wishes for another low-key affair on Friday, the company faces at least a greater chance of a shareholder rebuke following recommendations from leading shareholder advisory firms that take aim at outgoing CEO Dave Calhoun. ...

Should Boeing Shareholders send a message to Calhoun?

"We are committed to ensuring every Boeing airplane meets the highest safety and quality standards," said a Boeing shareholder presentation that reiterated support for Calhoun and his pay package. Glass Lewis said shareholders should use the annual meeting to send a message to Boeing. ...

Did Boeing give a CEO an extra $619,000 bonus?

Astonishingly, Boeing filings show that as recently as a year ago, the board even gave him an extra $619,000 bonus, specifically citing the great job he was supposedly doing on things like quality, safety and transparency with regulators. Also read: Opinion: Boeing’s CEO is departing, but the company’s problems run far deeper ...

How much did Boeing pay Dave Calhoun?

Shareholders of embattled airplane maker Boeing approved a pay package of nearly $33 million for outgoing CEO Dave Calhoun at the company’s annual general meeting on Friday. That’s the highest package ever paid to the company’s CEO and a 45% increase from the $22.6 million he received for 2022. ...

Why did ISS reject Boeing's executive pay package?

But ISS said the executive pay package should be rejected because it included an increase in Calhoun's potential long-term incentive award for the third consecutive year. Boeing said the boost was "designed to focus our leadership team at a pivotal moment in our Company's recovery," including enabling Boeing to meet its long-term financial targets. ...