Boeing Co.(BA), in a proxy filing, reported that its Chairman, President and Chief Executive Officer James McNerney's compensation for 2011 increased 16% to $22.96 million from $19.74 million a year earlier.
McNerney's 2011 compensation included a base salary of $1.93 million, stock awards of $3.42 million, option awards of $3.42 million, non-Equity incentive plan compensation of $8.70 million and all other compensation totaling $0.93 million.
Boeing CEO's fiscal 2010 compensation comprised base salary of $1.93 million, stock awards of $3.30 million, option awards of $3.30 million, non-equity incentive plan compensation of $4.43 million and all other compensation of $0.79 million.
In 2011, McNerney's target annual incentive payout remained at 170% of base salary with a maximum potential payout of 230% of base salary. McNerney received an annual incentive payout of about $4.4 million for 2011. In addition, Mr. McNerney received a 2009-2011 performance award of $4.26 million or 68% of the target set at the beginning of the performance period in 2009. In 2011, the Compensation Committee increased McNerney's aggregate target awards under its long-term incentive program to 590.7% of base salary. McNerney's aggregate long-term incentive target awards were 650% of base salary in 2009 and 570% of base salary in 2010.
The airlines company reported that its Executive V.P., Corporate President and Chief Financial Officer James Bell's compensation also increased to $7.07 million from $5.39 million from last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.