Boeing CEO misses out on $7 mn bonus due to delay in 777X delivery

Boeing CEO Dave Calhoun will not receive a $7 million performance-based bonus as part of his compensation for 2022, the company announced on Friday. The decision was taken after it became clear that the company won't achieve its target of the delivery of 777X aircraft by end of 2023. Calhoun took a total compensation of about $22.5 million in 2022.