Similar Stories to Boeing's Fired Ceo Got His $62 Million Payout Confirmed The Same Day 2,800 People In The 737 Max Supply Chain Were Laid Off on Bing News

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

BING NEWS:
  • Boeing Starliner set for June 1 launch following helium leak
    If that date is not met, the Starliner could launch the next day, June 5 or June 6 ... especially after the two crashes of its 737 Max 8 jets and a door plug blowout during a 737 Max 9 flight ...
    05/22/2024 - 11:15 am | 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 search has a new frontrunner—and insiders say it could mean a radical change for the $104 billion ailing planemaker
    Its press release that day announced ... best if a single CEO can guide Boeing through the entire process of designing and building a “clean-sheet” successor to the 737 Max.
    04/13/2024 - 12:25 am | 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 ... Airlines Boeing 737 Max, Calhoun declined ...
    04/5/2024 - 3:06 pm | View Link
  • Boeing's fired CEO got his $62 million payout confirmed the same day 2,800 people in the 737 Max supply chain were laid off
    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 ...
    01/10/2020 - 1:47 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News