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Boeing’s new CEO greeted with downgrade warning, lawmaker criticism

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Dave Calhoun, Chairman of Boeing

Adam Jeffery | CNBC

Boeing’s new CEO Dave Calhoun had a challenging first day running the company — a debt downgrade warning and outcries from lawmakers over his potential bonus.

The decade-long Boeing board member took the reins on Monday, tasked with cleaning up the company’s image, internal culture, relationship with regulators and airlines, as well as Boeing’s finances after two fatal crashes of its best-selling plane, the Boeing 737 Max.

Calhoun, a veteran of General Electric aviation and Blackstone Group, will receive a $7 million bonus if he gets regulators to clear the Max to fly again, among other performance targets, the company said. That drew…



Source cnbc.com

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