How many millions does the board get for doing the bare minimum?
this post was submitted on 31 Jul 2024
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Good this federal government has limitless cash... That's the only thing that's going to save boeimg and its crappy culture
New CEO? Stock buyback time!
He might have a BS in mechanical engineering, but almost all of his experience is managerial. Looks like he was a project manager at Rockwell Collins and stayed in management until becoming CEO, then Raytheon bought them and he oversaw that merger.
Bottom line, he's still an MBA type (though apparently doesn't have an MBA himself). I don't have high hopes for him to turn Boeing back into a quality aerospace company.
A mechanical engineer, Ortberg has put more than 30 years in aerospace and defense, including numerous executive roles.
Cautiously optimistic that Boeing will get back to the engineering quality standard it was once known for, now having an actual engineer back at the helm.
They could try not cutting corners on safety, shocking I know.
What's shocking is your complete lack of empathy for the poor C-Suite execs that might not be able to afford their second yacht if they did that. Did you even consider how it would barely impact them?
Every time the poors don't empathize with the rich, an angel gets it's wings.
And a C-level exec his golden parachute
I'm in tears right now. Really, that's so sad. Those poor little fellows.