Transportation
Proxy Adviser Glass Lewis Urges Vote Against Boeing CEO
- Firm also recommends votes against directors Johri, Joyce
- Planemaker has been under scrutiny since January accident
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Influential proxy adviser Glass Lewis & Co. is recommending Boeing Co. shareholders vote against the reelection of three directors, including Chief Executive Officer Dave Calhoun, due to “significant concerns” about oversight of the planemaker’s safety culture.
Besides Calhoun, who has already said he will step down this year, Glass Lewis opposes Akhil Johri and David Joyce, according to a new report from the advisory firm. Johri, a director since 2020, chairs Boeing’s audit committee, and Joyce, who joined the board in 2021, heads the aerospace safety committee.