If the management is so shook about financial stability, it’s time to act like the adults they pretend they are, and curb executive pay and buybacks:
President and Chief Executive Officer
David L. Calhoun - $32,770,519
CEO of Commercial Airplanes, Stanley A. Deal - $12,200,851
Chief Financial Officer Brian J. West - $11,910,638
CEO of Global Services Stephanie F. Pope - $9,537,503
CEO of Defense, Space & Security Theodore Colbert III - $8,963,171
In each case, easily 75% of their pay package is from stock options - their loyalty is to the line going up, not steady and organic growth by restoring a solid foundation to the company and investing in their (little) people.
Especially so in parallel with the $68 billion in stock buyback Boeing leadership has done since 2010. All done to boost stock price by reducing the float - $68 billion that wasn’t spent investing in the company’s future, safety standards, quality controls, the end product, or workforce.
If the management is so shook about financial stability, it’s time to act like the adults they pretend they are, and curb executive pay and buybacks:
President and Chief Executive Officer David L. Calhoun - $32,770,519
CEO of Commercial Airplanes, Stanley A. Deal - $12,200,851
Chief Financial Officer Brian J. West - $11,910,638
CEO of Global Services Stephanie F. Pope - $9,537,503
CEO of Defense, Space & Security Theodore Colbert III - $8,963,171
In each case, easily 75% of their pay package is from stock options - their loyalty is to the line going up, not steady and organic growth by restoring a solid foundation to the company and investing in their (little) people.
Especially so in parallel with the $68 billion in stock buyback Boeing leadership has done since 2010. All done to boost stock price by reducing the float - $68 billion that wasn’t spent investing in the company’s future, safety standards, quality controls, the end product, or workforce.