Exactly how much Calhoun will receive isn’t clear yet, as it depends on how Boeing’s stock performs.
According to Boeing’s most recent proxy statement, Calhoun is set to walk away with about $15 million worth of stock, cash and options in retirement.
One estimate, according to Fortune, suggests Calhoun could walk away with $24 million, with the potential to collect $45.5 million more if Boeing’s stock goes up 37%.
And while Muilenburg was denied severance pay, he still walked away with $80 million worth of stock and other assets.
Even as the board heaped praise on Calhoun, Boeing’s own customers started sounding off about their frustrations with the leadership.
Persons:
CNN Business ’, Dave Calhoun, he’ll, There’s, Calhoun, Dennis Muilenburg, Muilenburg, “, CNN’s Chris Isidore
Organizations:
CNN Business, New York CNN, Boeing, Ryanair, Avalon
Locations:
New York, America, Calhoun, Washington, South Carolina, Seattle