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Boeing CEO McNerney earns $23.3 million in 2013 [March 14, 2014] (Reuters) — Boeing Co's <BA.N> Chief Executive W. James McNerney earned $23.3 million in 2013 compared with $27.5 million in 2012, as the value of his pension was unchanged last year. |
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Boeing said last week that it would end pension
plans for 68,000 non-union employees, including McNerney,
effective January 1, 2016. McNerney's total compensation nearly doubled to $39.2 million
last year, including stock options exercised and excluding the
change in pension value, showed a filing with the U.S.
Securities and Exchange Commission on Friday. (http://r.reuters.com/dam67v) The value of 64-year-old McNerney's pension had risen by $6.4
million in 2012. The base salary of McNerney, who has held the top job since July
2005, has remained unchanged at $1.93 million since March 2008. (Reporting by Mridhula Raghavan in Bangalore; editing by Kirti Pandey) [© 2014 Thomson Reuters. All rights reserved.] Copyright 2014 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
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