"Boeing CEO's $5 Million Compensation Hit by Max Crisis"

Boeing CEO Dave Calhoun's take-home pay fell to $5 million last year after declining a bonus, but his total compensation rose to $32.8 million, up from $22.6 million in the prior year, due to long-term incentives like stock. The company's prolonged safety crisis, including the recent incident with an Alaska Airlines 737 Max, has led to a shakeup in leadership and a commitment to tying executive compensation to safety goals. Boeing's operational performance metrics for all business units will now focus exclusively on quality and safety goals, with the possibility of reducing long-term executive incentives to zero if goals aren't met.