Boeing’s new chairman gave Dennis Muilenburg a vote of confidence and said the embattled CEO has offered to forgo all bonuses this year as the company grapples with the fallout of two crashes of the 737 Max.
Boeing is facing several investigations about the design and certification of the beleaguered plane by regulators, including a Justice Department probe.
A Boeing spokesman told CNBC last week that there is "no path to the annual incentive plan" this year. "He listened for several hours to every story, every story the victims' families presented to him. Changed him for life," Calhoun said.
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