Boeing shareholders approve CEO's compensation as company faces investigations, possible prosecution

Boeing shareholders approved CEO David Calhoun's $32.8 million compensation amid ongoing company investigations and potential prosecution related to manufacturing issues and previous crashes. The company is working on a 90-day plan to address manufacturing defects following a recent incident involving a Boeing 737 Max. Despite a significant loss of over $23 billion under Calhoun's leadership, shareholders backed the executive compensation plan and board nominees, while rejecting resolutions on pay equity and ties to China. Calhoun announced his resignation by year-end as the company aims to rebuild trust and stabilize operations.