NEW YORK – Boeing shareholders voted on Friday to back outgoing Chief Executive Officer (CEO) Dave Calhoun's pay deal and reelection to the board, in an endorsement of company leadership as it faces heavy scrutiny over safety problems.
NEW YORK – Boeing shareholders voted on Friday to back outgoing Chief Executive Officer Dave Calhoun's pay deal and reelection to the board, in an endorsement of company leadership as it faces heavy scrutiny over safety problems.The company announced the preliminary vote results at its annual meeting, saying all 11 directors had been reelected and that shareholders backed Calhoun's planned $33-million compensation package.
In communications to investors ahead of the annual meeting, Boeing emphasized its aggressive response to the Alaska Airlines incident that included a leadership shake-up announced in late March.On March 25, Boeing said Calhoun would step down at the end of 2024. The company also named former Qualcomm CEO Steve Mollenkopf as the new chairman who will oversee the executive search.
Shareholders Back CEO Pay Deal
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