{"id":309990,"date":"2020-01-13T10:24:53","date_gmt":"2020-01-13T04:54:53","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=309990"},"modified":"2020-01-13T11:00:07","modified_gmt":"2020-01-13T05:30:07","slug":"fired-boeing-ceo-loses-bonus-but-still-walks-away-with-millions-of-dollars","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/fired-boeing-ceo-loses-bonus-but-still-walks-away-with-millions-of-dollars\/","title":{"rendered":"Fired Boeing CEO loses bonus, but still walks away with millions of dollars"},"content":{"rendered":"<p>Former Boeing Chief Executive Officer Dennis Muilenburg won\u2019t get severance and must forfeit stock awards worth tens of millions of dollars after his botched handling of two deadly plane crashes ended a decades-long career at the firm.<\/p>\n<p>He forfeited unvested equity awards that could have been worth as much as $31 million if certain targets had been exceeded, Chicago-based Boeing said Friday in a regulatory filing. Muilenburg, 56, also won\u2019t receive a bonus for 2019.<\/p>\n<p>Still, he gets to keep awards and stock options that had already vested, along with his pension and deferred pay \u2014 totalling as much as $80.7 million, according to calculations by Bloomberg. By contrast, Boeing set aside $50 million to compensate the families of crash victims.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former Boeing Chief Executive Officer Dennis Muilenburg won\u2019t get severance and must forfeit stock awards worth tens of millions of dollars after his botched handling of two deadly plane crashes ended a decades-long career at the firm. He forfeited unvested equity awards that could have been worth as much as $31 million if certain targets had been exceeded, Chicago-based Boeing said Friday in a regulatory filing. Muilenburg, 56, also won\u2019t receive a bonus for 2019. Still, he gets to keep awards and stock options that had already vested, along with his pension and deferred pay \u2014 totalling as much as [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-309990","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/309990","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=309990"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/309990\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=309990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=309990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=309990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}