x

Boeing's ousted CEO received $62 million payout the same day 2,800 people were laid off

Shortpedia

Content Team
Image Credit: Shortpedia

The recently terminated CEO of Boeing, Dennis Muilenburg is going to leave the company with a $62 million payout. On his departure, Boeing stripped him of his bonus, any severance pay, and other incentives worth nearly $15 million. It was revealed that the 56-year-old former CEO received the payout the same day 2,800 people were laid off after the 737 Max aircraft crashed. He will forfeit stock worth $14.6 million.