Boeing CEO David Calhoun is getting compensation valued at $33 million for last year, nearly all of it in stock awards. But the company said Friday that the CEO declined a bonus of nearly $3 million after a panel blew out of a Boeing 737 Max during flight in January.
FILE - The logo for Boeing appears above a trading post on the floor of the New York Stock Exchange, Oct. 24, 2018. Boeing CEO David Calhoun received compensation valued at $33 million in 2023, nearly all of it in stock awards, but his stock payout for this year will be cut by nearly one-fourth because of the drop in Boeing’s share price since the January 2024 blowout of a panel on one of its planes in midflight.
Since Jan. 5, when a door-plug panel blew off an Alaska Airlines Max jetliner flying 16,000 feet above Oregon, Boeing has been thrust into its deepest crisis since aBoeing pays Alaska Airlines $160 million in compensation for the blowout of a panel during flightThe Texas attorney general is investigating a key Boeing supplier and asking about diversity
Boeing said Calhoun and other top executives will see their stock awards for this year reduced by about 22%, which the company said matched the drop in the share price from the accident until the stock-grant date.
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