Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business
AFP News

Boeing CEO Paid $33 Mn In 2023, Gave Up Bonus Over MAX 9 Incident

In describing David Calhoun's $33 million compensation, Boeing recounted that his appointment as CEO started in January 2020 when the company was 'facing one of the more serious challenges in its long history' (Credit: AFP)

Boeing's CEO received $33 million in compensation for 2023 but declined a potential $2.8 million bonus following the near-catastrophic Alaska Airlines incident in January, the company said Friday in a securities filing.

David Calhoun, who is set to exit as chief executive at the end of 2024, received a base salary of $1.4 million, plus more than $30 million coming in stock awards.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.