Boeing Leaders’ Windfall Predates New Safety Goals Tied to Pay (Correct)

A pair of top Boeing Co. bosses who announced their departures as the company faced scrutiny over near-catastrophic manufacturing flaws in its 737 series jets are still poised to collect a combined $45 million in compensation based on the most recent company disclosures.

CEO Dave Calhoun and former Executive Vice President Stan Deal aren’t likely to face an internal clawback policy in part because they were not fired in connection with quality management issues in the 737 program. By cashing out their large stock options now, they also are avoiding criteria which shareholders are poised to approve connecting compensation ...