The scandal led to the firing of Boeing CFO Michael M. Sears and the resignation of Boeing CEO Phil Condit. On February 18, 2005, Sears was sentenced to four months in prison. Boeing paid $615 million in fines for their involvement.
The deaths of Barnett and Dean prompted more than 10 new whistleblowers from Boeing and Spirit to come forward with similar allegations.
Boeing ordered to pay more than $28 million to 737 MAX crash victim's family. The verdict awarded to the family of Shikha Garg is the first in the dozens of lawsuits filed after two plane crashes in Ethiopia and Indonesia that killed a combined 346 people.
Boeing has agreed to pay at least $50,000 to settle a wrongful death suit brought by the family of John Barnett, a former quality control manager and whistleblower who died by suicide in March 2024 while participating in a deposition. Barnett, 62, had worked for Boeing for 32 years before retiring in 2017.
Boeing's new CEO, Kelly Ortberg, received a total compensation of $18.4 million for the five months he led the company in 2024, including a $1.5 million base salary, a $1.3 million "new hire" bonus, and $16 million in equity-based incentives.
Elon Musk says Boeing is on a 'much better track' with its new CEO because its previous leader 'had no idea how airplanes or rockets worked'
Kelly Ortberg is president and chief executive officer of The Boeing Company, a leading global aerospace company and provider of commercial airplanes; defense, space and security systems; and global services.
Quality control issues:
One of Boeing's biggest issues has been quality control. Manufacturing defects in parts and issues with sealants have plagued several of its aircraft programs. The company has faced significant scrutiny from regulators, particularly over the 737 MAX and 787 programs.
US Airways sent $5,000 checks over the weekend to each of the 150 passengers to help compensate for items left behind, with a letter explaining that their luggage and other belongings might have to stay with investigators for months. The airline also reimbursed passengers for their ticket costs.
As of February 2024, there have been a total of 529 aviation accidents and incidents involving all 737 aircraft (not all are notable enough for inclusion on this list), which have resulted in a total of 5,779 fatalities and 234 hull losses.
On this day August 16 1987, Northwest Airlines Flight 255 crashed after takeoff from Detroit Metropolitan Airport, killing 154 of the 155 people on board and two on the ground. The sole survivor was 4 year old Cecelia Cichan, whose rescue became one of the most remarkable survival stories in aviation history.
It was found that Boeing had more accidents than expected, while Airbus had fewer (p 0.015). In terms of fatalities, Boeing had more than expected, with Airbus fewer (p < 0.001). Looking at accidents alone, only the number of fatalities was statistically significantly different.
At Boeing, the highest paid job is a Corporate Counsel at $370,000 annually and the lowest is a CS Rep at $50,000 annually. Average Boeing salaries by department include: Design at $110,639, Legal at $127,328, Admin at $53,810, and IT at $115,853. Half of Boeing salaries are above $106,976.
Are Boeing 737 Max planes safe? Boeing 737 Max jets were grounded worldwide between March 2019 and late 2020 after the two catastrophic crashes involving the Max 8 model.
Ortberg married Valerie Dee Heitman on August 13, 1983. They have two daughters.
This home is located in the Broadmoor neighborhood of Seattle. New Boeing CEO Kelly Ortberg and his wife, Valerie, have bought a home in Seattle's Broadmoor neighborhood for $4.1 million, according to King County records. Ortberg took over The Boeing Co. (NYSE: BA) in August, replacing former CEO Dave Calhoun.
Robert “Kelly” Ortberg was CEO at Rockwell Collins from 2013 to 2018. Ortberg graduated from the University of Iowa in 1982 with a degree in mechanical engineering and got a job at Texas Instruments making semiconductors.
Elon Musk has publicly stated he has Asperger's syndrome, a form of autism, which he disclosed during his 2021 appearance on Saturday Night Live. He described his traits as including taking things literally, struggling with social cues, and finding reward in intense focus, suggesting it aids his work. His comments sparked conversations about autism and how individuals, particularly high-profile ones, experience it.
Elon Musk's "1-Hour Rule" (often called the 5-Hour Rule) is about dedicating at least one focused hour each weekday (five hours a week) to deliberate learning, reading, or deep thinking, without distractions, to foster continuous growth and problem-solving, a practice also attributed to leaders like Bill Gates. This isn't about working harder but thinking deeper, allowing for crucial reflection amidst constant output, with Musk's own experience highlighting how focused, distraction-free time yields better results than hours of unfocused work.
Kelly Ortberg received $18.4 million in total compensation for the five months he spent as CEO of Boeing in 2024. Ortberg's pay included $16 million in equity-based incentives that will vest over three to four years, $525,000 in salary, and a $1.3 million "new hire" cash bonus.
In 2019, Airbus displaced Boeing as the largest aerospace company by revenue. In October 2019, the A320 family became the highest-selling airliner family with 15,193 orders, surpassing the Boeing 737's total of 15,136. In 2023, the number of Airbus aircraft in service surpassed Boeing for the first time.
United Airlines CEO Scott Kirby enters 2025 as one of the highest-paid leaders in global aviation, with total compensation of about $34 million.
After one year on the job, Boeing CEO Kelly Ortberg has earned high praise from aerospace analysts and airline customers. The soft-spoken and mild-mannered CEO came out of retirement to take the top job at Boeing last August, at a time when the company was reeling from disaster.