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Boeing CEO waives $ three.6 million in bonuses however receives a complete of $ 21 million as Covid-19 enterprise

Dave Calhoun, Boeing Chairman

Adam Jeffery | CNBC

Dave Calhoun, Boeing CEO, did not claim most of his 2020 salary or total $ 3.6 million in bonuses, but still received more than $ 21 million in total compensation as a Covid -19 devastated the aviation business last year, the company announced on Friday.

Calhoun became CEO in January 2020 after the board ousted former CEO Dennis Muilenburg over two fatal Boeing 737 Max crashes. Calhoun's appointment came just before the Covid-19 pandemic, which rocked the global economy and hit the aviation industry particularly hard. Boeing posted a record annual loss of nearly $ 12 billion last year as cancellations outpaced new jetliner sales and cut thousands of jobs.

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