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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (74494)	1/13/2020 9:15:41 AM
From: Goose94	Read Replies (1) \| Respond to of 202903

Boeing (BA-NY) Dennis Muilenburg CEO, is leaving the company with $62-million (U.S.) in compensation and pension benefits but will receive no severance pay in the wake of the 737 MAX crisis. Mr. Muilenburg was fired from the job in December as Boeing failed to contain the fallout from a pair of fatal crashes that halted output of the company's 737 MAX jetliner and tarnished its reputation with airlines and regulators. The compensation figures were disclosed in a regulatory filing late on Friday during a difficult week for Boeing when it also released hundreds of embarrassing internal messages -- two major issues hanging over the company before new CEO David Calhoun starts on Monday. Lawmakers blasted Boeing on Friday. U.S. Representative Peter DeFazio, who chairs the House Transportation Committee, said minutes of a June, 2013, meeting showed that Boeing sought to avoid expensive training and simulator requirements by misleading regulators about the MCAS anti-stall system that was later tied to the two crashes which killed 346 people. The MAX has been grounded since the second crash in March.