Boeing CEO Ortberg Earned $18 Million After Mid-2024 Start

Boeing Co.’s new Chief Executive Officer Kelly Ortberg received $18.4 million in total compensation for the five months he spent on the job in 2024 — although he won’t be able to cash in on much of the award for years, the company said in a filing Friday.

About $16 million of Ortberg’s pay came from equity-based incentives that will vest over three to four years and were awarded as he joined Boeing amid a management shake-up and months of crisis. He also received about $525,000 in salary and a “new hire” cash bonus of $1.3 million, according to the ...