Dennis Muilenburg, the recently-ousted CEO of Boeing, is leaving with a $62 million payout, the company said Friday. The substantial award comes despite being fired for poor handling of the fatal crashes, aftermath, and continued suspension from service of the 737 Max. Also on Friday other workers lost their jobs because of the 737 Max: 2,800 employees of Boeing supplier Spirit AeroSystems. Spirit said the workers had to go because there was no work for them in light of Boeing suspending production of the 737 Max while it is grounded. Unlike Muilenburg, they did not get large exit packages, and will instead receive 60 days' pay. Visit Business Insider's home page for more stories. The recently-fired CEO of Boeing is leaving the company with a package worth $62 million, the company said Friday — just hours after 2,800 workers lost their jobs over the 737 Max disaster. Payout details for Dennis Muilenburg, who was ousted from Boeing in late December, were made public in a filing with the US Securities and Exchange Commission.See the rest of the story at Business InsiderNOW WATCH: Why Lamborghini's new hybrid is bad for the environmentSee Also:Iran is doubling down in calling allegations that it shot down Flight 752 a 'big lie,' accusing the US of carrying out a 'psychological operation' to discredit its storyUkrainian Flight 752 was on fire and seemed to be turning back before it crashed in Iran and killed 176 people, the first report into the disaster saidThese are the unanswered questions about the crash of a Ukrainian plane in Iran that killed 176 peopleSEE ALSO: The 16 most outrageous things Boeing employees said about the company, 737 Max program, and each other in released internal emails

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BING NEWS:
  • Boeing’s problems just cost United $200 million
    United Airlines was pushed into the red by Boeing and its ongoing quality issues, the airline said Tuesday. The company took a $200 million hit in the first quarter after the Boeing 737 Max 9 was ...
    04/15/2024 - 1:00 pm | View Link
  • Boeing’s CEO search has a new front runner— and it could mean radical changes for the $104 billion planemaker
    Boeing’s CEO search has a new front-runner—and insiders say it could mean a radical change for the $104 billion ailing planemaker Kurt 'CyberGuy' Knutsson unveils what may be world’s most ...
    04/14/2024 - 1:00 pm | View Link
  • Boeing’s CEO Receives Compensation Nearing $33 Million in 2023, Experiences $3 Million Bonus Loss
    Boeing CEO David Calhoun’s compensation package for the previous year amounted to a significant $33 million, with the bulk of it comprising stock awards. However, the trajectory of his stock ...
    04/5/2024 - 6:43 pm | View Link
  • Boeing’s CEO got compensation worth nearly $33 million last year but lost a $3 million bonus
    Boeing CEO David Calhoun received compensation valued at $33 million last year, nearly all of it in stock awards, but his stock payout for this year will be cut by nearly one-fourth because of the ...
    04/5/2024 - 12:29 pm | View Link
  • Boeing's CEO got compensation worth nearly $33 million last year but lost a $3 million bonus
    Boeing CEO David Calhoun received compensation valued at $33 million last year, nearly all of it in stock awards, but his stock payout for this year will be cut by nearly one-fourth because of the ...
    04/5/2024 - 11:50 am | View Link
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  • Apple adds new accessibility features across the senses, including eye tracking
    Mashable, Wednesday - 05/15/2024 - 11:30 AM

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  • The latest Apple iPad Pro is already discounted at Amazon
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  • 'Dune: Prophecy' teaser: Witness the rise of the Bene Gesserit
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    Set 10,000 years before Paul Atreides was born, 'Dune: Prophecy' follows the two Harkonnen sisters who found the Bene Gesserit order. The 'Dune' prequel is coming soon.

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  • Upgrade to the Google Pixel 8a and get a $100 Amazon gift card
    Mashable, Wednesday - 05/15/2024 - 10:55 AM

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  • Dive into the works of BookTok darling Sarah J. Maas with this affordable bundle
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