Reported 2 months ago
Patrick Shanahan, CEO of Spirit AeroSystems, is set to receive a $28.5 million payout following the company's merger with Boeing, comprising a $2.3 million cash payment, $26.1 million in converted stock units, and additional benefits. This golden parachute package is typical in corporate America to encourage management to facilitate company sales, even at the cost of their positions.
Source: YAHOO