Shanahan will get a cash payment of $2.3 million, converted Spirit restricted stock units worth $26.1 million and perquisites and benefits worth $45,000 as...
Shanahan will get a cash payment of $2.3 million, converted Spirit restricted stock units worth $26.1 million and perquisites and benefits worth $45,000 as part of a package known as a "golden parachute". Such payments are commonplace in corporate America and are intended to incentivize management to sell a company, even if it means ending their own employment. Boeing agreed in July to buy back Spirit AeroSystems for $4.
Westford, USA, Aug. 12, 2024 -- SkyQuest projects that Global Composites Market will attain a value of USD 172.27 Billion by 2031, with a CAGR of 7.2% over the forecast period . Used in the aerospace and defence industries, since composites lower the weight of military aircraft and helicopters in a manner that is remarkable.
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