Thursday, March 5, 2020

Seattle, Washington-Based Boeing Former CEO's Average Annual Pay and Employee Benefits Increase Was a Blistering 34.5% Per Year During the Past Seven Years. He Received Total Compensation For the Most Recent Seven Years of $101.6 Mil. In addition, he received a Golden Parachute Payment Worth $62 Mil.

From annual compensation information contained in Proxy Statement filings with the US SEC, the table below shows Boeing's Top-Tier Executives Annual Total Compensation for each of the two consecutive full years of employment for the past five years.  It also shows compensation information for its former CEO for the past seven years (2012-2018).


  FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Boeing Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Top-Tier 2018 2017 2017 2016 2016 2015 2015 2014 2014 2013
Executive Total Total Total Total Total Total Total Total Total Total
Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Mullenburg CEO     23,392     18,450     18,450     15,066     15,066     13,226     13,226     11,798     11,798       7,722
Smith       8,682     17,226     17,226       6,220       6,220       4,820       4,820     10,580     10,580       3,596
Luttig       7,811       7,387       7,387       9,366       9,366       6,490       6,490       7,448       7,448       6,167
Conner       9,627       8,952       8,952       9,086       9,086     16,421     16,421       5,662
McNerney     19,917     28,862     28,862     23,264
Caret  N/A   N/A 
Hyslop  N/A   N/A 
McAllister  N/A   N/A 
Totals     39,885     43,063     52,690     39,604     39,604     33,622     53,539     75,109     75,109     46,411
Annual % Change vs Prior Year -7.4% 33.0% 17.8% -28.7% 61.8%
5 Year Avg Per Year % Change 15.3%
2018 2017 2017 2016 2016 2015 2015 2014 2014 2013
Mullenburg CEO     23,392     18,450     18,450     15,066     15,066     13,226     13,226     11,798     11,798       7,722
Annual % Change vs Prior Year 26.8% 22.5% 13.9% 12.1% 52.8%
5 Year Avg Per Year % Change 25.6%
2013 2012 2012 2011
Mullenburg       7,722     11,943     11,943       4,804
Annual % Change vs Prior Year -35.3% 148.6%
7 Year Avg Per Year % Change 34.5%
Total Compensation all Seven Years (2012-2018)   101,597