Thursday 27 Aug, 2026

Thrown out with a golden parachute – money rains down on Boeing's CEO

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Photo:Boeing

Dennis Muilenburg is leaving Boeing's CEO position in disgrace - but with a parachute that could be worth over half a billion kronor, CNN reports.

Depending on how the resignation is handled under labor law, Muilenburg could be entitled to a package of $30 plus $7 million, shares worth over $20 million, and a pension that could amount to over $11 million.

Muilenburg lost his job after two crashes, which cost nearly 350 lives, with the new 737 Max planes.

Source: TT

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