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Boeing awards outgoing CEO Dave Calhoun a 45% pay rise
- arpyzo 3y agoI assume the board needs to approve this. What is their motivation for doing so?
- ijijijjij 3y ago"Calhoun’s 2023 awards were designed to emphasize the importance of long-term shareholder value growth" He was awarded lots of shares that he can't cash out yet, apparently
- PenguinCoder 3y agoHis bonus was predicated on the value of shareholders return, and he met that metric. Thus he has _earned_ this payout. * *I personally think that is a bunch of BS. But that is how such is justified.
- 3seashells 3y ago[dead]
- ijijijjij 3y agoThat's not how I understand it. They want him to make good decisions to make his shares' value go up for when he will be allowed to sell them. Which kind of make sense but I'm not sure.
- cozzyd 3y agoThey tried to shut the door on it but...
- willcipriano 3y agoThey are worried he will CEO a plane their family is on.
- ijijijjij 3y agohttps://archive.is/KfOgw https://archive.is/KfOgw
- DemocracyFTW2 3y agohey never mind those stupid door panels, right?
- SlightlyLeftPad 3y agoHappy to see employees are getting their bonus’ for meeting their performance goals, including increasing long-term shareholder value growth.
- ycombinatrix 3y agogood to see our top CEOs finally being compensated fairly for their outstanding performance.
- Olesya000 3y ago[dead]
- givemeethekeys 3y agoIt's 33 million, which is about 10x of what the families of Ethiopian Airways crash victims got per passenger.
- speedylight 3y agoThis is absurd, wheels and doors are literally falling off their planes and the CEO gets a raise lol. Life is funny sometimes
- RyeCombinator 3y agoBlew the door right open and handed a golden parachute
- cebert 3y agoI hope people like Dave Calhoun realize the destruction they’ve caused.