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> Media PoolBoeing shareholders approve CEO's compensation as company faces investigations, possible prosecution
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Boeing shareholders on Friday approved CEO David Calhoun's $32.8 million compensation and heard leaders explain what the troubled aircraft maker is doing to improve the quality and safety of its planes after a door plug blew off a Boeing 737 Max jetliner in January.
Calhoun said the company is finishing a 90-day plan for fixing its manufacturing problems — a report the Federal Aviation Administration demanded after the door-plug blowout.
The CEO added that the company is still working to complete an acquisition of key supplier Spirit AeroSystems, but he gave no deadline for completion. Spirit makes fuselages for Max jets and has been a source of manufacturing flaws.
Read more: https://www.king5.com/article/money/business/boeing-shareholders-approve-ceo-compensation/281-50baa741-f9fa-4647-85e0-9981c2c3510e
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