Boeing chairman says CEO won't get bonus until Max flies

[Yo_Mama_Been_Loggin]

Boeing’s new chairman gave embattled CEO Dennis Muilenburg a vote of confidence Tuesday and said the chief executive is giving up any bonus this year.

David Calhoun said the Boeing board believes Muilenburg “has done everything right” and is positioning the Chicago company to return the 737 Max to service after two accidents killed 346 people.

A flight-control system called MCAS pushed the nose of both planes down before crashes in Indonesia and Ethiopia. Boeing, which kept any explanation of MCAS out of pilot manuals, is now revamping the system to make it easier for pilots to override.

“Dennis didn’t create this problem, but from the beginning he knew that MCAS should and could be done better, and he has led a program to rewrite MCAS to alleviate all of those conditions that ultimately beset two unfortunate crews and the families and victims,” Calhoun said on CNBC.

https://www.heraldnet.com/business/boeing-chairman-says-ceo-wont-get-bonus-until-max-flies/

Why that's mighty thoughtful of you.

[Corgigal]

1. What?

Are we suppose to go aaaah?

He should be in a prison cell for murdering almost 500 people, in a horrible way.

[Skittles]

2. why is he still CEO?

[hatrack]

3. Gosh, what a stinging blow!

He'll cry all the way to the bank, the fuck.

[defacto7]

4. We know it can fly. It's not crashing that counts.

[lapfog_1]

5. Flying is easy

You simply throw yourself at the ground... and miss

Turns out the designers of the Max said "it can't miss!".

[RockRaven]

6. So Boeing is incentivizing its CEO to get the plane back into service by any means or influence

he can muster by providing him a massive personal financial windfall when he succeeds. Notice that the safety of the plane is not the metric which he is measured by, only that it is allowed to fly again by regulators. The same regulators Boeing snookered into letting it fly the first time. Well, what could go wrong?

[XRubicon]

7. They have continued to build about 40 airplanes a month since it was grounded.

With no sales to book. They are very deep into this airplane. They build them and park them based on previous orders.
They have bet the farm on it, not sure where the money is coming from to keep production going.

The max will return to service, we will see if the public accepts it.