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rbreich , to Random
@rbreich@masto.ai avatar

Boeing shareholders approved a $33M pay package for CEO Dave Calhoun, despite overseeing huge losses and safety problems.

It's the biggest package ever given to a Boeing CEO.

Calhoun is resigning by year's end. Guess what he gets then?

A $45 million golden parachute.

Unreal.

docRekd ,

@rbreich turns out that golden parachutes are a bad idea even by capitalism's standards: after all you are not incenvizzed to grow your company but to squeeze it as much as possible before being inevitably fired

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