Boeing CEO, Dennis Muilenburg, has offered to give up his bonuses this year after US lawmakers who demanded him to take responsibility for the two fatal crashes of 737MAX jets.
The lawmakers accused the Boeing of building “flying coffins (737MAX)” and engaging in a “pattern of deliberate concealment”, by “putting profits over safety”
During the Last week’s hearing, the US senators wanted Muilenburg to take responsibility for the crash and demanded him to “step down” from his current position as CEO., while Muilenburg admitted that the company made mistakes on the 737 Max and repeatedly apologized
David Calhoun, the newly appointed Chairman of Boeing after Muilenburg was stripped of the role last month, gave Dennis Muilenburg a vote of confidence on Tuesday said “(Muilenburg) has done everything right”.
For 2018, Mr Muilenburg was paid $23.4 million, including a $13.1 million incentive bonus and $1.7m salary.
Calhoun said in the “Squawk Box” interview that Muilenburg called him Saturday morning “with the purpose of suggesting that he not take any compensation for 2019 in the form of bonuses, which of course is most of your compensation.”
Muilenburg, who was with Boeing for 30 years, became CEO in 2015.