Congresswoman Angie Craig Urges Boeing Board to Use Clawback Provision to Rescind Muilenburg Compensation

Today, Rep. Angie Craig, D-MN, sent a letter to the Boeing Board of Directors urging them to revisit Mr. Muilenburg's compensation package and consider implementing the company's clawback provision and any other means available to stop him from receiving any portion of the compensation he was awarded during the development time period of the 737 Max, estimated to be as high as $80 million dollars.

The Boeing Board of Directors has a clawback policy that can be enforced if any "executive officer engaged in intentional misconduct." Rep. Craig remains deeply concerned and believes the Board should consider the facts emerging that suggest that hundreds of lives were tragically lost while the executive had information of substantial risks.

"I've sat in the room with the family members of those who tragically lost their lives on the Lion Air and Ethiopian Airlines flights. I've seen the pain on their faces, and I've committed that I would fight to make sure no one benefitted from these devastating crashes," said Rep. Angie Craig. "That day in the Transportation and Infrastructure Committee, I asked Mr. Muilenburg to decline awards as compensation in his time at Boeing, and now I am asking the Boeing Board of Directors to reconsider his compensation package estimated to be as high as $80 million. He should not be further enriched after the tragic crashes which took hundreds of lives.

You can read a copy of her letter to the Boeing Board of Directors

As a member of the House Transportation & Infrastructure Committee and the Aviation Subcommittee, Rep. Craig questioned Mr. Muilenburg on October 30th, 2019, which you can watch here. She remains committed to continuing the investigations necessary to ensure that if Boeing 737-Max planes return to the skies, that passengers are safe.