March 14, 2014 / 10:13 PM / 4 years ago

Boeing CEO McNerney earns $23.3 million in 2013

(Reuters) - Boeing Co’s (BA.N) Chief Executive W. James McNerney earned $23.3 million in 2013 compared with $27.5 million in 2012, as the value of his pension was unchanged last year.

Boeing said last week that it would end pension plans for 68,000 non-union employees, including McNerney, effective January 1, 2016.

    McNerney's total compensation nearly doubled to $39.2 million last year, including stock options exercised and excluding the change in pension value, showed a filing with the U.S. Securities and Exchange Commission on Friday. (r.reuters.com/dam67v)

    The value of 64-year-old McNerney’s pension had risen by $6.4 million in 2012.

    The base salary of McNerney, who has held the top job since July 2005, has remained unchanged at $1.93 million since March 2008.

    Reporting by Mridhula Raghavan in Bangalore; Editing by Kirti Pandey

    0 : 0
    • narrow-browser-and-phone
    • medium-browser-and-portrait-tablet
    • landscape-tablet
    • medium-wide-browser
    • wide-browser-and-larger
    • medium-browser-and-landscape-tablet
    • medium-wide-browser-and-larger
    • above-phone
    • portrait-tablet-and-above
    • above-portrait-tablet
    • landscape-tablet-and-above
    • landscape-tablet-and-medium-wide-browser
    • portrait-tablet-and-below
    • landscape-tablet-and-below