Boeing spelled out its large pay package for Dennis Muilenburg on Friday. Meanwhile, Kansas-based supplier Spirit AeroSystems made huge redundancies.
The recently-fired CEO of Boeing is leaving the company with a package worth $62 million, the company said Friday — just hours after 2,800 workers lost their jobs over the 737 Max disaster.
Muilenburg lost his job over Boeing's disastrous handling of two fatal crashes by the 737 Max in which 346 people died. However, that still left him with a parting package of $62 million made up of Boeing stock, pension payments, and other deferred contributions. Earlier on Friday, Spirit AeroSystems, a Kansas-based manufacturer, which gets more than half its revenue from the 737 Max, announced layoffs for 2,800 workers at its Wichita facility.When Boeing froze the 737 Max production line, it promised not to lay off any of its own staff.
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