Boeing To Pay Retired Exec $1.5 Million For Consulting | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.29.24

Airborne-Unlimited-04.23.24

Airborne-Unlimited-04.24.24 Airborne-FltTraining-04.25.24

Airborne-Unlimited-04.26.24

Fri, Mar 12, 2010

Boeing To Pay Retired Exec $1.5 Million For Consulting

Scott Carson Had Announced His Retirement After 38 Years With The Planemaker

The former chief executive of Boeing's Commercial Airplane Division will be paid about $1.5 million in consulting fees over a two year period following his retirement.

Scott Carson had been with Boeing for 38 years before announcing he would retire as Boeing was shaking up the commercial airline sector of its business. The division had been years late in development of the 787, and there were other difficulties during Carson's time at the helm of the division.

The Associated Press reports that, in an SEC filing, Boeing said it would be paying Carson because of "your extensive and unique knowledge and experience with Boeing's commercial airplane business, including your extensive relationships with Boeing's customers and suppliers."

The deal, which works out to about $850 an hour over two years, begins Friday and runs through March of 2012 ... or about what he would have been paid had he stayed with the company.

Not a bad little retirement package.

FMI: www.boeing.com

Advertisement

More News

Unfortunate... ANN/SportPlane Resource Guide Adds To Cautionary Advisories

The Industry Continues to be Rocked By Some Questionable Operations Recent investigations and a great deal of data has resulted in ANN’s SportPlane Resource Guide’s rep>[...]

ANN FAQ: Turn On Post Notifications

Make Sure You NEVER Miss A New Story From Aero-News Network Do you ever feel like you never see posts from a certain person or page on Facebook or Instagram? Here’s how you c>[...]

ANN's Daily Aero-Term (04.29.24): Visual Approach Slope Indicator (VASI)

Visual Approach Slope Indicator (VASI) An airport lighting facility providing vertical visual approach slope guidance to aircraft during approach to landing by radiating a directio>[...]

ANN's Daily Aero-Term (04.28.24): Airport Marking Aids

Airport Marking Aids Markings used on runway and taxiway surfaces to identify a specific runway, a runway threshold, a centerline, a hold line, etc. A runway should be marked in ac>[...]

ANN's Daily Aero-Linx (04.28.24)

Aero Linx: The Skyhawk Association The Skyhawk Association is a non-profit organization founded by former Skyhawk Pilots which is open to anyone with an affinity for the A-4 Skyhaw>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC