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

'We're Happy He Can Afford A New Mansion... Some Of Us Live Paycheck To Paycheck': Boeing CEO Buys $4.2M Mansion Amid Wage Strikes

Boeing CEO's purchase of $4.1 million Seattle home has fueled anger among workers and raised questions about the company's priorities. The strike follows the rejection of a new contractor offer by 96 percent of union members. (Credit: Twitter / Machinists Union @MachinistsUnion)

While his factory workers are on strike, Boeing's CEO paid $4.1 million on a new Seattle residence, fulfilling his promise to relocate from Florida.

Robert "Kelly" Ortberg, 64, took the helm as Boeing CEO on August 8 after former chief executive Dave Calhoun announced his decision to step down amid mounting safety concerns. Notably, Ortberg also holds the positions of president and board member.

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.