Boeing factory workers strike after overwhelmingly rejecting contract
www.nbcnews.com
Workers in the Seattle area and Oregon voted 94.6% against a tentative agreement Boeing and the International Association of Machinists and Aerospace Workers unveiled Sunday.
  • Milk_Sheikh@lemm.ee
    ·
    2 months ago

    We were hoping you rubes would just take it, there’s c-suite pay and the market to worry about

    • President and Chief Executive Officer David L. Calhoun - $32,770,519

    • CEO of Commercial Airplanes, Stanley A. Deal -  $12,200,851

    • Chief Financial Officer Brian J. West - $11,910,638

    • CEO of Global Services Stephanie F. Pope - $9,537,503

    • CEO of Defense, Space & Security Theodore Colbert III - $8,963,171

    In each case, easily 75% of their pay package is from stock options - their loyalty is to the line going up, not steady and organic growth by restoring a solid foundation to the company and investing in their (little) people.

    Especially so in parallel with the $68 billion in stock buyback Boeing leadership has done since 2010. All done to boost stock price by reducing the float - $68 billion that wasn’t spent investing in the company’s future, safety standards, quality controls, the end product, or workforce.