Not good enough, I want more than just a change of leadership. I want federal oversight at every Boeing Facility. I want the FAA to have a new office funded by Washington to scrutinize this company. I want Boeing Employees purged from the FAA.
this post was submitted on 25 Mar 2024
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Can't wait to see his golden parachute
Funded by Washington who get the money from higher taxes on these fucks
When you have financial engineers overriding the decisions of mechanical engineers, you get crashy airplanes and eventually, caught up murdering people that might talk to investigators in order to defend those juicy profits
...sort of like how when administrators and insurance folk and lawyers and judges override the decisions of doctors and nurses, you end up with highly profitable hospitals and people dying for it
...all a bit like when the bean counters run your software company, layoffs designed to boost stock price by showing investors 'fiscal discipline' leaves your engineering teams shorthanded and forces them to de-prioritize bug fixes and dealing with technical debt and rigorous testing and you end up shipping lots of bugs when you release your product
Don't blame accountants. They don't make any decisions, and they don't have the technical expertise to know what is dangerous.
The CEO is a good start. I bet the COO and head of engineering are also at fault. People signed off on these planes without doing the required installation of the door. If it's a systemic issue, the quality control team is to blame.
Aviation is a regulated industry, right? I expect the FAA to get to the bottom, if not lawsuits.
"I'm gonna step down because I failed this clown car of a company...btw i'm keeping my golden parachute"
He should required to be up there to answer questions from congress and the Feds.
Don't be silly. He'll commit suicide with two shots to the back of the head before that happens.
The shareholders get their fall guy, cool, but what about the entire leaderships criminal negligence? Because you can’t convince me that the CEO was single-handedly making the call to cut corners.
He was the guy not putting the bolts in. Boeing is actually a pretty small shop
/s
Cool. Now arrest him for criminal negligence.
How many millions fat will his golden parachute be for sending hundreds of passengers to death?
15 million in stocks that vest in 3 years plus his 1.4 million in base salary plus plus his 22 million in stock, which has admittedly taken a beating as of late.
Nice payout for a complete failure on the job.
Highly recommend the book ‘Flying Blind’ by Peter Robison on Boeing and the decline of its safety culture after the merger with McDonnell Douglas. That’s when the “business” types who ran the former company into the ground took over both and we see the same results here.
Before the merger, the engineers were in charge and safety was taken seriously. Now, it’s more about stock, etc.
I feel like I hear this story repeated over and over and over and over and over.... everywhere.
At what point will we stop letting the business types degrade our human civilization for their egoistic short-term gains?
Maybe just learning to live with it would be better. It's cliche at this point. Company thinks big, takes big risks, makes shitton of money and shitton of mistakes. Wall Street takes over and the company circles the drain. We all know it's going to happen. That uniqueness will converge, or made to converge to the mean, and given enough time every company will be an also-ran.
I got into Soylent when it first came out. It said proudly made with GMOs on the label. The recipe was open source and a revision number on it. The inventor was conducting medical tests on himself as a test subject and tweaking the nutrition balance and it was all made by one facility. Now, the proudly made with GMOs is gone, it is closed source, the recipe seems to never change, the supply of bottled comes from a different facility each time I order it. What happened? The company was sold to an established player and they made it just yet another meal replacement drink.
I guess what I am saying is it is probably just easier to accept that this is going to happen. The craftsman of your grandfather is the cheap junk of today.
When capitalism is no longer propped up by the government, masquerading as democracy, so that they, too, can greedily profiteer on the short term gains of a quality product that has been ran into the ground for the sake of a bigger personal estate.
Long ago the four nations lived in harmony. But everything changed when the business nation attacked. Only the regulations could stop them, but when the world needed them most, they vanished.
We should make a movie about this. The last regulator. The fans will love it
https://www.ft.com/content/a8bfd0a3-2904-4b7e-a8e0-b5e04567c980
Now, I am a fan of this in general. I think unions should get a seat at the table.
Are we all forgetting that Boeing most likely had a witness testifying them executed in a parking lot a few weeks ago?
John Barnett didn't kill himself and they're doing a damn good job of sweeping it under the rug. It barely got mentioned in by any mainstream news outlets. Even Epstien got more media coverage than this.
You a word, there.
So what about his seat on the board and what about the Director of the board, Bradway?
At the end of the day, it’s the board that’s signing off on the high level strategy. They need to be held accountable too. The CEO isn’t the top of the pyramid. The board is.
Thank you! Folks around here are always baggin' on CEOs like they're the top dogs. Nope. The Board often orders them to do stupid shit, and sometimes they're brought on to do stupid shit. Hence the golden parachute thing. Damn straight I want paid if you fire me for doing what I was told.
I’m just flabbergasted it took this long. It’s COMICALLY obvious that this is the result of a decades-long legacy of technical leadership failures and safety-incompatible profit fixation.
Just going to state the obvious here: Boards of directors of large public company should have a % of the board elected by company workers and another % appointed by elected politicians. The problem here is corporate boards entirely run by investors.
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