Boeing rewarded CEO David Calhoun with compensation valued at $22.5 million for 2022 but won’t pay him a $7 million bonus because the company will fail to get its new 777X jetliner in service by the end of this year. FOX13
that the large, twin-aisle plane would not be delivered to airlines until 2025, five years after the original target. The company said directors decided last August that Calhoun's $7 million bonus would not vest.
The company based in Arlington, Virginia, lost $5 billion in 2022, including write-downs, as it dealt with setbacks to defense projects and ongoing problems with its Most of Calhoun’s 2022 compensation was in the form of estimated value of stock and option awards. He received the same $1.4 million salary as in 2021.
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