Dennis Muilenburg Leaves Boeing With $62 Million Compensation Package | 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-10.06.25

AirborneNextGen-
10.07.25

Airborne-Unlimited-10.08.25

Airborne-FlightTraining-10.09.25

AirborneUnlimited-10.10.25

Tue, Jan 14, 2020

Dennis Muilenburg Leaves Boeing With $62 Million Compensation Package

Will Receive Benefits But No Severance As He Leaves The Company

Fired Boeing CEO Dennis Muilenburg will leave Boeing with a $62 million compensation and benefits package, according to media reports.

However, the ousted executive will not receive any direct severance pay, according to a report from Reuters.

Mulienburg's compensation as he leaves the company was revealed in a regulatory filing late Friday. At the same time, Boeing released hundreds of internal memos that were harshly critical of the development of the 737 MAX airplane. One said the plane was "designed by clowns who in turn are supervised by monkeys," according to the report.

The Boeing filing showed that Mulinburg will receive the $62 million in compensation and pensions benefits, and that he holds stock options that vested in 2013. At Friday's close, the stocks would be worth about $18 million.

In a statement, Boeing said that Muilenburg "received the benefits to which he was contractually entitled and he did not receive any severance pay or a 2019 annual bonus.”

(Image from file)

FMI: Source report

Advertisement

More News

True Blue Power and Mid-Continent Instruments and Avionics Power NBAA25 Coverage

Mid-Continent Instruments and Avionics and True Blue Power ANN's NBAA 2025 Coverage... Visit Them At Booth #3436 101 Aviation Nears STC Approval for Lithium Battery Upgrade on Gulf>[...]

ANN's Daily Aero-Term (10.11.25): Hertz

Hertz The standard radio equivalent of frequency in cycles per second of an electromagnetic wave. Kilohertz (kHz) is a frequency of one thousand cycles per second. Megahertz (MHz) >[...]

Aero-News: Quote of the Day (10.11.25)

“NATCA does not endorse, support, or condone any federal employees participating in or endorsing a coordinated activity that negatively affects the capacity of the NAS, or an>[...]

ANN's Daily Aero-Linx (10.11.25)

Aero Linx: European Association for Aviation Psychology (EAAP) Since 1956 the European Association for Aviation Psychology (EAAP) provides a forum for professionals working in the >[...]

NTSB Prelim: Pegasus Quantum 15

Aircraft Experienced A Total Loss Of Engine Power During A Go-Around Attempt And Then Impacted A Soybean Field On September 13, 2025, at 1625 eastern daylight time, a Pegasus Quant>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC