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Boeing's ousted CEO departs with $62 million, even without severance pay

Muilenburg was fired from the job in December as Boeing failed to contain the fallout from a pair of fatal crashes that halted output of the company’s bestselling 737 MAX jetliner and tarnished its reputation with airlines and regulators. The compensation figures were disclosed in a regulatory filing late on Friday during a difficult week for Boeing when it also released hundreds of internal messages — two major issues hanging over the company before new CEO David Calhoun starts on Monday. …read more […]

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Amazon Said It Fired Employees Who Leaked Emails, Phone Numbers

(Bloomberg) — Amazon.com Inc. said it had fired employees for leaking customer email addresses and phone numbers to an unspecified third party, the second time this week the technology giant acknowledged some workers had improperly accessed customer data.“We are writing to let you know that your email address and phone number were disclosed by an Amazon employee to a third party in violation of our policies,” Amazon’s customer service team said in an email to a customer shared Friday on social media.“The individuals responsible for this incident have been terminated and we are supporting law enforcement in their prosecution,” a …read more […]

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Boeing says ousted CEO Muilenburg not entitled to severance payment

Muilenburg was fired from the job in December as the company failed to contain the fallout from a pair of fatal crashes that halted output of its bestselling 737 MAX jetliner and tarnished its reputation with airlines and regulators. Based on Boeing securities filings from early 2019, Muilenburg was eligible for about $39 million in severance. “Upon his departure, Dennis received the benefits to which he was contractually entitled and he did not receive any severance pay or a 2019 annual bonus,” Boeing said in a statement. …read more […]