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Tribune News Service
Tribune News Service
Business
Dominic Gates

Despite Boeing woes, top executives get big paychecks

The compensation for top Boeing's top leadership last year was lowered by the company's deep financial troubles and the flagging stock price. Performance-based awards paid out zero.

But no worries. Boeing's annual proxy filing on Friday shows the top executives did all right. They took home millions of dollars in cash pay, and the board granted them large stock awards that will pay millions more if performance improves in the years ahead.

Boeing lost $4.2 billion in 2021 as the company struggled through the staggering COVID pandemic blow to the airline business.

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