Boeing’s CEO’s high flying remuneration

MANAGEMENT GURU

Jim McNerney, Chief Executive, Boeing Co. has reaped in rich rewards to the tune of $13.8 million in 2006, all thanks to the sterling performance of the aerospace company. With Boeing breaking records in airplane sales and in the military contracting business, the laurels were attributed to McNerney who has led the company since July 2005. And it sure has been a Herculean task for him to salvage the image of a company reeling under scandals, and that too in so short a time span. Also the deserved prize has exemplified the company’s stand on paying on the basis of performance.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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