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

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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