Boeing's departing CEO leaves company with $93 million

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JaseNZ

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#262249 12-Jan-2020 22:28

Wow it just beggars belief that he could walk away with so much and with still 18 odd million in stock shares.

Yes there are many others responsible for it as well but meh I still walk away with 93 million so who really cares what people think of me.

https://www.stuff.co.nz/business/world/118735042/boeings-departing-ceo-leaves-company-with-93-million-amid-737-max-supplier-layoffs

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#2390730 12-Jan-2020 22:31

Just mind blowing how stupid things can be

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#2390731 12-Jan-2020 22:36

Does not really surprise me much. I am sure his contract was watertight - as mine would be if I was playing in that arena.

Well done him (and his lawyers!).

networkn

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#2390746 13-Jan-2020 00:08

It certainly leaves a bad taste in the mouth, however, I am sure it's all written neatly in his contract and if his employers agreed to it, and didn't have a performance component that limited a golden parachute or whatnot, then this is how things work out.