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






Airborne On ANN

Airborne 10.24.16

Airborne 10.25.16

Airborne 10.26.16

Airborne 10.20.16

Airborne 10.21.16

Airborne Hi-Def On YouTube

Airborne 10.24.16

Airborne 10.25.16

Airborne 10.26.16

Airborne 10.20.16

Airborne 10.21.16

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.



More News

Airborne 10.24.16: Obnoxious NIMBY Report, Scorpion Jet, AMA Remote Pilot Test

Also: Schiaparelli Probe, Spirit Of Aviation, Bell 429, Commuter Craft, Master Pilot Award, Predator B, Space Debris A new study released by the Mercatus Center at George Mason Uni>[...]

ANN's Daily Aero-Linx (10.25.16)

Santa Moncia City Council Candidates Sound Of On FAA Battle Recently, the Santa Monica Lookout sent a series of questions to candidates for City Council, one of which dealt with th>[...]

ANN's Daily Aero-Term (10.25.16): Dead Reckoning

Dead reckoning, as applied to flying, is the navigation of an airplane solely by means of computations based on airspeed, course, heading, wind direction, and speed, groundspeed, a>[...]

Aero-News: Quote of the Day (10.25.16)

“The GIV and G450 ushered in a business aviation renaissance that has led to increased safety, greater reliability, better technology and improved performance. It’s fit>[...]

ANN FAQ: Feel The Propwash (Updated)

New Form Makes Subscribing, Unsubscribing Even Easier While we're very proud of our newly-redesigned website, we know that some folks really enjoy the convenience of having their A>[...]

blog comments powered by Disqus





© 2007 - 2016 Web Development & Design by Pauli Systems, LC