Boeing CEO Muilenburg ‘has carried out the whole lot proper,’ says chairman

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Boeing CEO Muilenburg ‘has carried out the whole lot proper,’ says chairman

By David Shepardson


By David Shepardson

WASHINGTON, Nov 5 (Reuters)Boeing Co BA.N Chairman Dave Calhoun mentioned on Tuesday the corporate’s board believed Chief Government Dennis Muilenburg “has carried out the whole lot proper,” simply days after he got here below assault from U.S. lawmakers and repeatedly refused to step down at a listening to on two deadly crashes involving Boeing 737 MAX airliners.

“He has our confidence,” Calhoun mentioned in a CNBC interview, including that Muilenburg known as him on Saturday and supplied to surrender a lotof his compensation for 2019. The board had stripped Muilenburg of his chairman title final month.

“From the vantage level of our board, Dennis has carried out the whole lot proper,” Calhoun mentioned.

Boeing didn’t plan to chop the manufacturing charge of the 737 MAX or to rebrand it, he mentioned.

Final week, several U.S. lawmakers urged Muilenburg to resign, pressed him on whether or not he would refuse compensation and criticized him and Boeing for not being fully candid.



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