New York CNN —When it comes to building planes, Boeing CEO Dave Calhoun is all about streamlining costs.
That oopsie was discovered in an internal review, which was prompted by a Wall Street Journal investigation last year into Boeing executives’ private jet travel, the paper reported Thursday.
To be clear: Boeing requires Calhoun, who is stepping down later this year, to use its private jets for business and personal travel for security reasons.
But when a CEO uses the company jet for a family vacation, that usually counts as taxable income.
Over the last three years, Calhoun racked up $979,000 in personal air travel, according to the company.
Persons:
CNN Business ’, Dave Calhoun, Calhoun, thriftiness, Chris Isidore, oopsie, that’s, we’ve, It’s, lavishing Calhoun, teeing, Jon Holden
Organizations:
CNN Business, New York CNN, Boeing, Wall Street, IRS
Locations:
New York, Arlington , Virginia, Seattle, America