It’s hard to overstate the importance of getting the Max flying again for Boeing.
The Boeing logo is seen on a Boeing 787 Dreamliner airplane in Long Beach, California, the US. Picture: REUTERSDavid Calhoun officially took over the top role on Monday after the December ouster of Dennis Muilenburg over his ham-fisted management of the crisis engulfing the 737 Max.
The thing is, a mechanism already exists that compensates executives for doing what’s expected of them in their job. It’s called a salary. Bonus ‘represents a clear financial incentive for Calhoun to pressure regulators into ungrounding the 737 Max, as well as rush the investigations and reforms needed to guarantee public safety’Occasionally, you will hear the argument that executives need to be showered with money to make them willing to take on especially complicated situations.
The special $7m bonus also drew the ire of three Democratic senators who called on Monday for Boeing to scrap the payout, warning that it “represents a clear financial incentive for Calhoun to pressure regulators into ungrounding the 737 Max, as well as rush the investigations and reforms needed to guarantee public safety.”
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