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Boeing CEO Dave Calhoun to step down in management shakeup amid safety crisis (www.reuters.com)

submitted 7 months ago by mraniki@lemmy.world to c/technology@lemmy.world

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[–] wintermute_oregon@lemm.ee 11 points 7 months ago (2 children)

They need to get back to the engineering mindset. This is why I think CEO bonuses on things like EPS are BS. It should be tied to things like engineering, safety, etc.

[–] jkrtn@lemmy.ml 13 points 7 months ago (1 children)

It should be something that must be returned if there's a severe fuckup within five years or something. Also they shouldn't be getting bonuses, they are already massively overpaid.

[–] wintermute_oregon@lemm.ee -5 points 7 months ago

For most CEO, Bonuses and stock options are the bulk of their pay.

I have no issues with either or even their pay, but I have no issues with regulations around it since they are public companies. I do have issues with a product that should be safe with any bonus tied to profitability. It should be tied to safety.

[–] pr06lefs@lemmy.ml 10 points 7 months ago

I think they're more in a "hire a hit man to kill whistleblowers" mindset. Not the sort to suddenly turn about and become engineering do-gooders.