Boeing's CEO Survived a Shareholder Vote Seeking to Prevent Him From Also Being the Company's Board Chairman
Read Full Article
- A proposal that would have separated the CEO and board chairman roles at Boeing did not pass at the aerospace manufacturer's annual shareholder meeting on Monday.
- Only 34% of voters supported the proposal, the company announced at the meeting, which was held in Chicago.
- The proposal argued that an independent chairman would be better suited to helping the board develop long-term strategy while allowing CEO Dennis Muilenburg to focus on immediate concerns...