Boeing Board of Directors

Boeing CEO Dennis Muilenburg Fired Over 737 MAX Disasters, Keeps $62 Million Despite 346 Deaths

| Importance: 9/10

Boeing’s Board of Directors fired CEO Dennis Muilenburg on December 23, 2019, over his handling of the 737 MAX crisis that killed 346 people in two crashes. Despite presiding over the deadliest corporate safety scandal in aviation history, Muilenburg departed with approximately $62 million in …

Dennis Muilenburg Boeing Board of Directors David Calhoun 346 crash victims Victims' families boeing executive-compensation impunity 737-max corporate-crime +1 more
Read more →

Boeing Abandons New Aircraft Design, Chooses to Re-Engine 737 to Compete with Airbus

| Importance: 9/10

Boeing’s Board of Directors approved the launch of the re-engined 737 MAX on August 30, 2011, abandoning plans to develop an entirely new aircraft design. The decision came after Airbus launched the A320neo in December 2010 and captured 1,029 orders by June 2011, including a historic defection …

Boeing Board of Directors Jim McNerney American Airlines Airbus CFM International boeing 737-max airbus cost-cutting corporate-strategy +1 more
Read more →