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Boeing CEO pummeled on compensation, 737 MAX flaws at U.S. hearing
Boeing Co Chief Executive Dennis Muilenburg was repeatedly hammered by U.S. lawmakers at a hearing on Wednesday over his compensation and key mistakes in development of the 737 MAX that he newly acknowledged. (uk.reuters.com) 기타...
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boeing has set themselves up richly for all negatvie critiques lobbed at them, based on their incompetence, arrogance and worse, and the compensation for the officers and board memebers is a travesty as well
I watched a good portion of both days. My take was that it was a staged event on the part of both the Senate and the House and Boeing. The panel were no more qualified to ask the questions they did or digest the answers given. Some of the panel had a hard time reading their scripted questions. One asked that Dennis as CEO should resign for allowing this to happen on his watch. Let me just add that this is also appropriate for the Committee failing to serve as they were elected and continuing to hang around milking their paychecks as ineffective buffoons. This event was a waste of two days time, and Boeing should get on with making the mods to get the MAX re-certified. (By the way, I am booked in March and intend on taking my MAX flight)
The real issue is the FAA. Why doesn't Congress check into why there are not enough qualified inspectors to oversee the systems design and certification process? Perhaps, Congressional term limits should be on the table.
Because CONGRESS allowed this to happen! And it's not just happening with the FAA! It's the FDA too! They want the meat packers to do their own inspections. It's called 'shrinking government small enough to be drowned in a bathtub', which means corporations are the government.
As long as the tax cuts keep coming, they will continue 'downsizing' government until it doesn't exist anymore.
As long as the tax cuts keep coming, they will continue 'downsizing' government until it doesn't exist anymore.
He tried to save a few cents and lost billions. Sounds like prime CEO material to me.
Questions didnt go far enough.. compensation was minimal for the pain caused by Boeing and the FAA..
