Former Boeing CEO gets $62.2 million but loses some benefits.
FILE - In this Oct. 29, 2019, file photo Boeing Company President and Chief Executive Officer Dennis Muilenburg appears before a Senate Committee on Commerce, Science, and Transportation hearing on 'Aviation Safety and the Future of Boeing's 737 MAX' on Capitol Hill in Washington. . Boeing said Friday, Jan. 10, 2020 that Muilenburg was contractually entitled to the payout but he won't get extra severance and will forfeit another $14.6 million in stock awards.
Muilenburg, who spent more than 30 years at Boeing, also has unexercised stock options that he has held since 2013 and that are worth more than $18.5 million at Friday's closing price. Calhoun, 62, will get a base salary of $1.4 million but potentially several million more in bonuses and stock awards, including $7 million if he gets the Max back in service.
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