Boeing’s ousted CEO not entitled to severance payment

Boeing’s ousted CEO not entitled to severance payment

Boeing ousted chief executive officer, Dennis Muilenburg, will receive no severance pay in the wake of the 737 MAX crisis, but is leaving the company with $62 million in compensation and pension benefits. Muilenburg was fired in December as Boeing failed to contain the fallout from fatal crashes that halted output of the company’s 737 MAX jetliner.

pennydreadful
pennydreadful
Evil Smoo
Evil Smoo 1 months

Oh man, how will he ever scrape by on only 62 million? What's that line again, CEOs get paid so much because they work so much harder than anyone else?

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