Boeing CEO paid $33 mn in 2023, gave up bonus over MAX 9 incident
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Boeing CEO David Calhoun received $33 million in compensation for 2023 but declined a potential $2.8 million bonus following the Alaska Airlines incident in January. Calhoun received a base salary of $1.4 million and over $30 million in stock awards. The announcement came as Boeing faces scrutiny over the incident, in which a 737 MAX 9 was forced to make an emergency landing. Calhoun will step down as CEO at the end of 2024. Boeing described Calhoun's tenure as CEO, which began in January 2020, as facing challenges from the grounding of the 737 MAX and the COVID-19 pandemic. The company praised Calhoun's focus on safety and transparency. Boeing also adjusted its 2024 long-term incentive program in response to the Alaska Airlines incident, lowering Calhoun's target award by 38 percent to $17 million.

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https://www.legit.ng/business-economy/economy/1586751-boeing-ceo-paid-33-mn-2023-gave-bonus-max-9-incident/