Transportation

Boeing CEO’s 2023 Pay Rose 45% Before Blowout Sparked Crisis

Departing chief Calhoun’s total pay rose to nearly $33 million
Planemaker is under scrutiny following safety accident

Dave Calhoun
Photographer: Samuel Corum/Bloomberg

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By Julie Johnsson

April 5, 2024 at 8:48 PM UTC

Updated on

April 5, 2024 at 10:57 PM UTC

This article is for subscribers only.

Boeing Co. Chief Executive Officer Dave Calhoun’s total compensation jumped 45% to $32.8 million last year, boosted in large part by a retention bonus intended to keep him in the job through 2025 — before a dramatic aircraft accident exactly three months ago upended that plan.

Stan Deal, who ran Boeing’s commercial airplane division, saw a 42% bump in total pay to $12.5 million, Boeing said Friday in a securities filing.