Outgoing Boeing (BA) CEO Dave Calhoun will remain on the company’s board following a shareholder vote. Yahoo Finance’s Alexis Keenan joins Market Domination Overtime to discuss the company’s future amid new leadership.
In addition to voting to keep Calhoun on the board, shareholders also approved his compensation of $32.8 million. Boeing will seek a new CEO to help the company recover from the two fatal 737 MAX crashes and the detached fuselage on an Alaska Airlines flight. The company is also facing potential prosecution from the Justice Department for violating an agreement reached to avoid prosecution over the 737 MAX crashes..
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