Boeing CEO’s 2023 Pay Rose 45% Before Blowout Sparked Crisis (1)

April 5, 2024, 10:57 PM UTC

Boeing Co. Chief Executive Officer Dave Calhoun’s total compensation jumped 45% to $32.8 million last year, boosted in large part by a retention bonus intended to keep him in the job through 2025 — before a dramatic aircraft accident exactly three months ago upended that plan.

Stan Deal, who ran Boeing’s commercial airplane division, saw a 42% bump in total pay to $12.5 million, Boeing said Friday in a securities filing.

Both executives were caught up in sweeping leadership changes unveiled late last month as the board selected a new chairman, launched a CEO search and replaced its ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.