Skip to content
Subscriber Only
Opinion
Brooke Sutherland

Boeing CEO Doesn't Need a Bonus to Fix 737 Max

Returning the beleaguered jet to service is new leader David Calhoun's primary job. But Boeing will still pay him extra for it.

Boeing sends the wrong message, again, with its new CEO’s special bonus. 

Boeing sends the wrong message, again, with its new CEO’s special bonus. 

Photographer: Christopher Goodney/Bloomberg

Boeing Co.’s new CEO shouldn’t need an extra wheelbarrow of money to do his job.

David Calhoun officially took over the top role on Monday following the December ouster of Dennis Muilenburg over his ham-handed management of the crisis engulfing the 737 Max. With the plane having now been grounded for 10 months in the wake of two fatal crashes, Boeing decided to promise its new CEO a $7 million special long-term incentive award contingent on certain “key business milestones” including the successful and safe return of the Max to service.