* Boeing CEO compensation valued at $19.7 mln in 2010
* Bonus amounted to $4.4 mln
CHICAGO, March 18 Boeing Co (BA.N) Chief
Executive James McNerney's compensation was valued at $19.7
million in 2010, up 1.5 percent from the previous year, as
Boeing saw a rebound in commercial airplane orders, Boeing said
in its proxy filing on Friday.
The figure includes McNerney's salary, bonuses, stock and
options award and changes to his pension. McNerney's annual
bonus amounted to $4.4 million.
Boeing and other aerospace companies are recovering from an
economic downturn that weakened aircraft orders.
The world's largest aerospace and defense company took net
total orders for 625 commercial airplanes in 2010, compared
with 263 in 2009. The company reported 462 commercial airplane
deliveries for 2010 compared with 481 in 2009. Boeing gets paid
for its planes at delivery.
Boeing's business is split between commercial airplanes and
defense. But its shares are more closely aligned with Boeing's
commercial airplanes unit.
The shares of Boeing, a Dow component, closed up 1.2
percent at $69.10 on the New York Stock Exchange.
(Reporting by Kyle Peterson; Editing by Gary Hill)