Ousted CEO of Boeing Receives $80.7 million Payout

Boeing’s recently-fired CEO, Dennis Muilenburg, is leaving the company with no severance compensation or annual bonus due to the 737 Max tragedies, but will still receive $80.7 million in pension payments, Boeing stock, and other deferred contributions. Boeing claims that Muilenburg’s leaving settlement only consists of pre-existing and contractually owed compensation.  He was withheld $15 million in potential bonus pay and severance.

 Muilenburg has been critiqued for his poor management of two deadly 737 Max crashes which killed 346 people.  In