Boeing Co's ousted chief executive officer, Dennis Muilenburg, stands to receive US$62 million in long-term incentive, stock awards and pension benefits, but forfeited US$14.6 million and will receive no severance, the planemaker said in a regulatory filing on Friday.
American Airlines on Monday became the latest carrier to reach an agreement with Boeing on compensation to cover the financial losses connected to the 737 MAX grounding, which caused thousands of flights to be canceled.
Boeing on Monday replaced its embattled chief executive, Dennis Muilenburg, as it attempts to pivot from a protracted crisis surrounding the grounding of its top-selling 737 MAX after two deadly crashes.