x

Boeing CEO waived pay but got compensation worth $21 Million

Shortpedia

Content Team
Image Credit: shortpedia

Boeing CEO David Calhoun declined a salary and performance bonus for most of last year but still received stock benefits that pushed the estimated value of his compensation to more than USD 21 million, according to a regulatory filing Friday. The aerospace giant struggled last year with the continuing fallout from two deadly crashes involving its 737 Max jetliner and a downturn in demand for planes because of the pandemic.