4 ms·

The last one fired got a $60M golden parachute and then became CEO of another company. There seems to be little incentive there.

• chii 3y ago
  what gets to me is how anyone would hire the fired CEO given the reputation.
  • lenerdenator 3y ago
    Typically it happens when buddies are on the board.
  • tass 3y ago
    I haven’t looked at their financials, but I’m assuming he successfully increased profits for Boeing. He’s probably hireable so long as there’s no culture of safety or engineering to be destroyed.
  • godzillabrennus 3y ago
    A known quantity to the industry who managed to deploy billions in budgets for a massive player is valuable at the helm of any company that wants those kinds of things.
  • lucianbr 3y ago
    Seems like nobody hired him as CEO. Him and some buddies tried to start something, and it didn't get anywhere, and they lost money with it. Sounds quite reasonable to me :) https://www.seattletimes.com/business/boeing-aerospace/former-ceo-muilenburgs-next-venture-after-boeing-fails/ https://www.seattletimes.com/business/boeing-aerospace/forme...
• lucianbr 3y ago
  What company did he become CEO of? Couldn't find anything on Google.
  • Tempest1981 3y ago
    New Vista Acquisition Corp.
    • lucianbr 3y ago
      I thought he was put CEO of an existing company that did something. This was just him and some buddies starting a new venture that didn't go anywhere, and they only lost money with it. I mean, it's far less paradoxical than it sounded at first.