Former Boeing CEO Muilenburg Exits With More Than $60 Million Payout

Former Boeing CEO Muilenburg Exits With More Than $60 Million Payout

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Boeing's former CEO, Muhlenburg, was fired after failing to stabilize the company post-737 Max crashes. Despite his departure, he retains $62.2 million in stock and pension but forfeits $14.6 million in stock awards. The crashes led to a global grounding of the 737 Max, causing regulatory and financial issues for Boeing. To restore confidence, Boeing appointed David Calhoun as the new CEO, who will receive a $7 million bonus if he successfully returns the 737 Max to service.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total amount Muhlenburg is contractually owed upon his departure from Boeing?

$7 million

$60 million

$62.2 million

$14.6 million

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main reason for Muhlenburg's dismissal from Boeing?

Inability to stabilize Boeing after 737 Max crashes

Financial mismanagement

Personal misconduct

Poor customer relations

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many people died in the crashes involving Boeing's 737 Max?

200

346

500

150

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Boeing's stated reason for changing its leadership?

To expand into new markets

To restore confidence and repair relationships

To reduce operational costs

To increase profits

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What bonus will David Calhoun receive if he successfully gets the 737 Max flying again?

$7 million

$5 million

$10 million

$3 million