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 -- Recent Daily Episodes

Episode Date

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 02.23.15

Airborne 02.24.15

Airborne 02.25.15

Airborne 02.26.15

Airborne 02.27.15

Airborne Hi-Def On YouTube

Airborne 02.23.15

Airborne 02.24.15

Airborne 02.25.15

Airborne 02.26.15

Airborne 02.27.15

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

ANN Is Hiring! Videographers Needed For Airborne Unlimited Program Staff

Videographer/Reporters Needed For Airborne Unlimited Program Expansion Aero-News and Airborne are expanding--and innovating! And we're seeking additional on-air video journalist(s)>[...]

Airborne 02.26.15: NBAA v Santa Monica, F22 Airshow Sked, Google Lunar XPrize

Also: Pioneering Space, IMC Clubs, BizJet Forecast, R44 SAIB, Twin Otter Upgrade, Cecil Field's Naval Influx The saga of Santa Monica Airport in California continues as the NBAA ha>[...]

ANN's Daily Aero-Linx (02.27.15)

National Association of Rocketry The NAR is all about having fun and learning more with and about sport rockets.>[...]

ANN's Daily Aero-Term (02.27.15): Propeller/Rotor Modulation Error

Certain propeller RPM settings or helicopter rotor speeds can cause the VOR course deviation indicator (CDI) to fluctuate.>[...]

Aero-News: Quote Of The Day (02.27.15)

“With this new layer of liability protection, landowners are more likely to grant permission for the use of these airstrips." Source: Recreational Aviation Foundation (RAF) m>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2015 Web Development & Design by Pauli Systems, LC