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 10.01.14 ** HD iPad-Friendly -- Airborne 10.01.14 **
** Airborne 09.29.14 ** HD iPad-Friendly -- Airborne 09.29.14 **
** Airborne 09.26.14 ** HD iPad-Friendly -- Airborne 09.26.14 **

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

Airborne 10.01.14: Sierra Nevada v NASA, A-29 Goes To Work, Be-200 Rebirth?

Also: PPC Bird's Eye View, Spitfires Return?, Cessna Sued Over 1981 Accident, Santa Monica Sues Pilot's Estate, Phase 1 Flight Testing Update Sierra Nevada Corporation (SNC) has fi>[...]

ANN's Daily Aero-Linx (10.02.14)

This site is intended to be a meeting place for those who rescue, shelter or foster animals, and volunteer pilots and plane owners willing to assist with the transportation of anim>[...]

ANN's Daily Aero-Term (10.02.14): Forward Flank Downdraft

The main region of downdraft in the forward, or leading, part of a supercell, where most of the heavy precipitation is located.>[...]

Aero-News: Quote Of The Day (10.02.14)

“I have something to tell you. But from now on you have to be really nice to me.” Source: Marsha Fulton of Covington, IN.>[...]

ANN FAQ: You Can Sponsor ANN And/Or Aero-TV!

Help ANN Grow So That We Can Be Of Greater Service To You! For the better part of a dozen years, ANN has set the pace for the growing and evolving aero-info revolution. No other ne>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC