President and CEO, The Boeing Company Dennis Muilenburg will not receive any salary increments this year after two crashes of the 737 Max aircraft, which killed 346 people. As reported in an interview with CNBC Chairman of the Board of Directors David Calhoun, Mulenburg he proposed to deprive him of the annual bonuses and promotional rewards.
Calhoun, who took over as Chairman after Mulenburg was dismissed from the post last month, told CNBC that the Executive has retained the confidence of the Board of Directors of Boeing.
In 2018, Mulenburg received the award in the amount of $ 13 million over and above his salary to $ 1.7 million. His total salary increased by 27% from 2017.
In October last year crashed Boeing 737 Max airline Lion Air, resulting in killing all 189 people on Board.
Five months later, the Ethiopian airlines aircraft crashed, killing 157 people, and then the entire fleet of the 737's was allowed to operate.
Calhoun said the company has no plans to change the name 737 Max.
Since the founding of the fleet of the 737 Max in March, Boeing said that it corrects software model, and revised examination procedures.
In April, Boeing has cut production by almost 20%. Calhoun said the company does not expect further reductions in production.
Shared revenue losses Boeing suspended flights 737 Max exceeded $ 8 billion.
