4 ms·
They already rewarded him after the first crash, not to say they won’t again. > On December 17th, less than two months after the Lion Air crash, Boeing’s board
by philshem 7y ago
They already rewarded him after the first crash, not to say they won’t again.
> On December 17th, less than two months after the Lion Air crash, Boeing’s board of directors approved a twenty-per-cent increase in the company dividend and a twenty-billion-dollar stock-repurchase program, allowing Muilenburg, who had replaced McNerney as C.E.O. in 2015, to carry out even larger buybacks than in previous years. The board also awarded Muilenburg a thirteen-million-dollar bonus.
https://www.newyorker.com/magazine/2019/11/18/the-case-against-boeing?verso=true https://www.newyorker.com/magazine/2019/11/18/the-case-again...
- jimbob45 7y agoHush money, right?
- mihaaly 7y agoPeople sometime reason that the big compensations (salary, bonus) are for recognizing the responsibility the position entails. Then I try to remain calm: what responsibilities they really take?! The consequences hit those remain, they should be compensated instead. Plus the salary given in vain taken back. Then we still listen about the damages caused! They take it because they can. If they cared they wouldn't feel right taking so big portion of the profit generated by the teamwork of so many.