The senators are not being respected. The information they requested is all messed up and the CEO don’t even know who sent it. We should bring in the insurance company to do the inquiries.
The fact he took a 45% salary increase from round about 20million makes it just sem liek he wants a quick cash grab before dipping out and letting somebody else safe that burning comapny
Consider the CEO of ZOOM makes 75mil a year, it's seems little in comparison. A mnd at that income bracket, almost half is taxed, so he's making 15mil after tax. If you compare that to the salries of CEO for arguably less important companies, it's not that much. It sounds like a lot to the ear, but if you did a fair comparison it's not that much.
As an engineer, I agree! I've worked for several companies where I tried to explain what the company builds while the CEO just smiled and made some joke about engineers. They're completely clueless AND in charge.
Being a proficient accountant is crucial but if the service your running relies heavily on some sector of engineering; CEO must be an engineer no doubt
It is sad world we live in, very sad.... This man and many more like him getting paid 30+ Million a year in Salary And they feel that they are above accountability. In this situation where the decisions that he has made choosing profit over lives , he should face the same punishment his life in prison for being greedy how much money is enough???
Calhoun should stand trial along with other executives, they are presumed innocent and deserve a fair trial but they must be held accountable !!! The Boeing company have murdered innocent passengers and crew members
when he spoke about boeing only paying their employees a 1% increase while the ceo got a 45% increase last year and asked why he hasn’t resigned was hilarious.
@@DevanMccallisterit's what happens when you put a finance bro in the big chair of the nations largest aeronautical engineering firm. The man should be unseated, and an engineering-focused board should be empaneled to lead the firm and get it back on track. Share price be damned, they need to get back to building the kinds of craft that made them great. Just aside the plane issues, look at Starliner! Boeing was the primary contractor for the Shuttle. And while it had two great tragedies, that system flew 135 flights and set records for reusability. Starliner has had two flights, with issues aboard both. It's just baffling that this penny pinching attitude has wrecked a cornerstone of the US tech and engineering industries.
@skinnybricks no kidding bozo. I'm commenting about the CEO saying all of the incidents boeing had was because of "untrained and new workers". That's a lie. The incidents happened because they were getting bs parts and management didn't care if anything was broken or not.
They are the ones that changed the hiring process from 7years experience to hire school aged kids with zero qualifications which I can only imagine was to union bust, guess what that also failed! they are getting active in their union and WANT to be properly trained but the lack of experience isn’t on them it’s in the company that promised to train them.
Enough is Enough the CEO is clearly playing a game of smoke and mirrors . He is responsible and liable for everything that happens at the Boeing company. Therefore he and the former CEO Dennis Muilenburg should be in Jail for a very long period of time. My condolences to the families that have lost their loved ones god bless one and all .
That dude is a criminal. Lock him up if you actually wanna save Boeing, the public, and Boeing whistleblowers who keep getting suicided against their will
CEO, chairman of the board, upper management, all of HR, and perhaps floor supervisors need time in the Gray Bar hotel in order to reflect on how their behavior destroyed one of the greatest aerospace companies in the world.
Does it ever matter? Noone ever gets charged or put in jail for anything. The high and mighty can duck accountability at every corner, but regular folk get put in jail and punished for the smallest crimes.
Exactly. For a for profit prison system, they are going after the wrong people. Little people like you and I if, God forbid, we forget to pay a traffic ticket or something
wait wait did he say he gets paid 32.8 million a year??? WTF no way he should be getting paid that much money especially when your freaking planes keep going down!!
Considering the CEO of ZOOM makes 75mil a year, it's seems little in comparison. And at that income bracket, almost half is taxed, so he's making 15mil after tax. If you compare that to the salries of CEO for arguably less important companies, it's not that much. It sounds like a lot to the ear, but if you did a fair comparison it's not that much.
But he's cutting costs. That's all that matters to them. You cut corners you get paid. Nothing else. They guy is clueless with everything happening in his company.
The truth is capitalism is a danger to society. Noone will face anything. Almost 20 years ago helios dropped out of the sky and nothing literally happened
"Why should they trust you?" "We celebrate them and show them we're aware of them", a sorry attempt at trying to not say, we give them pizza once a year.
That CEO is a psychopath who is incapable of shame, responsibility, caring ... he's just making money! He only looks distressed because he can't figure out how to get out of this.
Just because they didn’t expose everything dosnt mean it didn’t happen! Many people feel the need to be redacted for their own safety and sanity. Not everyone who comes forward does it for clout many did so to protect the public and must also protect themselves!
30 million a year what could you possibly do with everything to spend that crazy, these guys think their above everyone, if they wern't humans in flesh they would be dragons just happy to sit on a mountain of gold.
Consider the CEO of ZOOM makes 75mil a year, it's seems little in comparison. A mnd at that income bracket, almost half is taxed, so he's making 15mil after tax. If you compare that to the salries of CEO for arguably less important companies, it's not that much. It sounds like a lot to the ear, but if you did a fair comparison it's not that much.
@47:52 is where it gets good. Some of the earlier segments have been nothing but soft strokes but Senator Hawley gets in there and ask the real questions. To the Boeing CEOs, you should be ashamed of yourself and the claims of safety.
16:10 I feel Sen Johnson is downplaying the seriousness and underscoring the extent of the problem at Boeing using semi coded language. Sure, there’s levels, but the people trying to preform the quality control are being prevented from doing their jobs. The fish rots from the head down. [edit 2] I’m further into Johnson’s questioning. He sounds more like a disappointed father than someone who’s concerned for hundreds of millions of peoples lives and wellbeing. I have no doubt that he understands that this needs to be corrected, but it feels more like a gentle scolding. I’m not saying he should scream at him, but it just doesn’t feel like he’s talking it as seriously as he should.
I would rather hear from Stephanie Pope than Calhoun. She is head of Boeing Commercial Airplanes, and Steven Mollenkopf, the Chairman, who has to find a new CEO. Calhoun is a lame duck.
Consider the CEO of ZOOM makes 75mil a year, it's seems little in comparison. A mnd at that income bracket, almost half is taxed, so he's making 15mil after tax. If you compare that to the salries of CEO for arguably less important companies, it's not that much. It sounds like a lot to the ear, but if you did a fair comparison it's not that much.
$33m a year to stay on to eat his own dog food. It's almost as if there's yet more to come, and nobody wants the job because of that. His career's over anyway, he might as well take the $33m for a few more uncomfortable meetings.
Consider the CEO of ZOOM makes 75mil a year, it's seems little in comparison. A mnd at that income bracket, almost half is taxed, so he's making 15mil after tax. If you compare that to the salries of CEO for arguably less important companies, it's not that much. It sounds like a lot to the ear, but if you did a fair comparison it's not that much.
Nope, nope, nope.... Everything he is saying should not be taken serious. The biggest issue dave Calhoun and all the other managers, down to first line (floor managers) needs to change. The question to dave was, what is it that you get paid to do exactly? This is a great question for ALL managers. You might see a first line manager twice a day. First lines have pushed a lot of their responsibilities on to crew leads. So, exactly what do they do... maybe take attendance (if they are not trying to have leads do that( by the way, that is against the union contract). They go to meetings and have crew meetings, but neither meetings last all day. When the two planes went down and all those loved ones parished, boeing management pushed the same thing they are pushing now... safety and quality. You can look up statements Calhoun gave back then and compare to what he is saying now...its the same thing. Some in the business would call this, the flavor of the month. Don't even get me stary on training. The people coming in are not being trained properly. Some, if not all do not even know how to navigate the system to find and print drawings. Recently, but only to check off a FFA requirement, first line managers were directed to come down to floor, take there new ppl and ask them to navigate the system to find their drawings. This is something they should know prior to being released to full production. Calhoun received a 45% increase in pay. Its laughable bc the ppl building the plane, haven't seen a raise in 15+ yrs.. lets be honest, some ppl building the plane may not live to see or enjoy retirement bc of the chemicals they work with. But here dave gets a 45% increase for a job that he doesn't even know what the responsibilities are. Hourly employees are threaten with corrective actions...if get 3 for the same issue you're fired. Has dave and other management not exceeded that. When will he and other managers be held responsible. The culture within Boeing, is a threatening culture, especially if you are of color.
What used to be one of the best paid jobs in the NW no longer exists. They base the cost of living on a national average. With the cost of living in the pnw regular boeing workers are struggling to pay their bills. Lost their pensions. As well as paying 4x the amount for medical insurance thanks to the introduction of Obama care. I am sure boeing will be happy if their workers go on strike so their subcontractors can catch up. Does employees get compensated for training others..... um no! They brought this ceo from gm to send a clear message to the workers. Look what happened to the gm employees. They need to bring jobs back from China. STOP the outsourcing. Praying for the family members of those who lost loved ones.
I applaud Sen. Josh Hawley for grilling$32.8M Boeing president and CEO David Calhoun. On the contrary, Sen. Johnson seemed to make his question to please and ease out this CEO, and even lead them on how to reply by answering his question himself for them, . wow, what a contrast. Well done Sen Hawley, especially in your direct ruthless question you place on this Boeing president & CEO ranking nearly $33 M a year. Check the question @ 1:27:44
There's some culpability in Congress too. They used to regulate monopolies. Boeing has no U.S. competitors even close to it's size. No competition always increases management greed, and decreases employee work environment
@@Klako-ls6yt I agree that most large corporations are run for the benefit of executive management. Us stock holders don't mind if at the same time we get our dividends. There are exceptions to the rule. And I will name a few: -I worked for Northrop when Kent Kresa was CEO. I still get great returns on my stock. I was treated wonderfully as an employee. My least favorite action was moving headquarters from Los Angeles to the DC beltway and personally moving my job to Texas. - Henry Kaiser: this man gave us the only HMO that works for its members and it's doctors. He helped defeat the NAZIs and the Imperial Japanese while revolutionizing ship building, gave many jobs that paid well including women and minorities who could not jobs from others. My 99 year old Dad sailed on his Liberty Ships, and while many were sunk, Kaiser made so many that the NAZIs couldn't sink them faster than Kaiser made them. After the WW2 Kaiser Engineeriners employed my brother in law who helped build a coal gasification plant that economical turns coal into natural gas. If we ever run out of petroleum we have about a 400 year supply of coal that could be converted ecologically and economically into natural for either transmission or more probably into electricity. No foreign dependency. - Elon Musk: this crazy man has done so much for us it is hard to imagine he exists. I wish I had bought his stock. 1st (with government help) he built SpaceX and boosters that return to earth for reuse and all this at profit. He built these at the old Northrop plant I worked at, reviving the Southern California aerospace industry which crested many high paying jobs and supporting the local economy while the State of California did everything to tax and regulate SpaceX out of business. Then he did another impossible in California creating Tesla to make EVs that work with a workable charging system, all this at profit. Yes he gets gigantic pay, but the stockholders love him. I am anticipating that Starlink will eventually be a profitable success (if we don't commit suicide through global nuclear war, a real possibility with Iran's nuke capability). Already Starlink helped Ukraine survive Russian Invasion. I am waiting for Starlink to be price competitive with US internet providers, which I expect to happen very soon There are other CEOs who are good people and do good things. Many run smaller companies you never heard of. Many are the founders of their business. The typical bad CEO is not the founder and is the process of liquidation of the company to get most money out of it before he drives into bankruptcy.
If you're wondering why the ceo seems so unphased, it because even if he gets fired, he won't face any time whatsoever, and if he is fined will still have plenty of money left over. This is America, we don't hold corporations or the people who run them accountable for crimes.
38:00 of course people dont want to go into manufacturing. Those who are in the industry, could wake up any day and find out their job is going over seas. I never would want my job to be that easily given away at a moments notice.
This mans morals are rotten to the core. You get paid 32 million when you're doing proper bad stuff from 9 to 5, it's compensation for the chance of things happening like the charges he will be charged with, not reward for good performance.
It's pretty stupid how they were on a time frame on such a serious conversation. Some senates didnt get to get their question (s) answered. No one is worth $33 million a year. He's leaving Boeing at the end of the year because he's got enough $$ & doesn't care about what happens to the company after he leaves.
It’s kinda ironic and hypocritical that our government grills the private sector however, when they do something similar or worse, there is no accountability.
Did you catch at 1:26:29 "What's called a minimum equipment list that allows airplanes to be dispatched if not every single system is working but enough are working to provide um absolute safe operation and the airlines operate with that as well as part of the Cadre of data that they use to support daily operation and of course." The plane just needs to be in enough working order to put your loved ones on and risk their lives. Same as I know my tire has a slow leak from a nail, but I will let my son drive my car on the freeway at exceeding 65 mph knowing it can blow out.
1:27:50 That Atlantic article reports only specifically about the 737 fuselage. However, for many many years prior to then, Boeing as a matter of practice, regularly outsourced its fuselages to other companies. For instance, Northrup-Grumman had produced the fuselages for the 747 and F-18s and other Boeing aircraft for decades prior to then. In fact, it could well be that the 737 was an exception in that Boeing had never outsourced that work. Thus, the Atlantic focused on the exception and not the general rule. Hence, Senator Hawley got misled into concluding that prior to 20 years ago, Boeing did all of its work in its own US facilities. That never happened. I know that for a fact, because I worked in aerospace during the 1990s, including a stint at Northrup, and I was part of the Boeing JSF One Team in our bid to win the F35 contract. As such, I worked in manufacturing sites producing key components used in several Boeing planes, but I never actually worked for Boeing, nor have I ever visited a Boeing facility. TL/DR Boeing has historically viewed fuselages as the same as any other mechanical "part" that one buys from a parts dealer, no different from buying tires from Goodyear.
"In the Puget Sound the more skills they accumulate the better they'll get paid" again, no.. it's a grade/level system. You get hired in a position and are trained/paid for that position. You don't get paid more because you get more training. Your pay is based on your job number.
I know nothing about Senator Hawley, but I think he did a great job with his questioning. Everyone here did, but Hawley was saying everything the workforce has been shouting for years. Also, Calhoun saying "they will get a raise" he considers 10¢ a raise, so these negotiations will be interesting.
the dei chief engineer says it all. I’d like to see his grades compared to others in the company and figure out why he’s the man in charge. I really wonder. You did this to yourself people.
Lot of comments about Calhoun but what about Muilenburg? the guy who walked with 62 million USD amidst the max crisis. The super rich don’t even get fired the way regular folk do…
I am impressed by the questions and demeanor of Senator Blumenthal. Even at the 1:15:00 (somewhere around that timeline), he was saying he was getting angry....the man was CALM.
I think the government should cite Boeing’s Quality or Manufacturing VP to provide explanations. Or even better, cite those f… bullies that have retaliated employees.
I have only two words for this: McDonnell Douglas. Only if Boeing did not merge with McDonnell Douglas. Boeing current culture is the culture originating from McDonnell Douglas. Actually, McDonnell turned Douglas into the same kind of company that Boeing is now, after McDonnell merged with Douglas
You will not stop this clown act until you STOP this CEO culture that is only in America. you must be like Tedy Roosevelt "The trust buster" you pointed out the problem Calhoun dosen't know what is going on in his company's. bust you the CEO'S
Don't know why any corrupt super rich person has to sit in front of senate rather than a court for criminal trial.
because they literally have bought those politicians and more than likely helped get them elected....duh..
money. donations. lobbying. corporationns are people. et al.
You answered your own question with "super rich person". And the politicians get plenty of good press for "being tough".
@@punkypinko2965 Exactly... "being tough" not prosecuting anyone guilty. Worthless smoke shows. 💨💨🪞🪞
The senators are not being respected. The information they requested is all messed up and the CEO don’t even know who sent it. We should bring in the insurance company to do the inquiries.
The CEO doesn't care. He's pocketing $33 million in annual salary.
true he's probably trying so hard not to laff in their faces.
The fact he took a 45% salary increase from round about 20million makes it just sem liek he wants a quick cash grab before dipping out and letting somebody else safe that burning comapny
Consider the CEO of ZOOM makes 75mil a year, it's seems little in comparison. A mnd at that income bracket, almost half is taxed, so he's making 15mil after tax. If you compare that to the salries of CEO for arguably less important companies, it's not that much. It sounds like a lot to the ear, but if you did a fair comparison it's not that much.
@tomkem.6515 yep take the money and run . I don't know why American authorities are letting Boeing CEOs getting away with these things
Genuinely wondering if those 33 million is his company salary without any shares in boeing he might have acquired through board compensations
Take all his money and throw him in prison for life!
a lot of companies are like this. Throw them ALL in jail!
Jail this money hungry who thinks the American public are dispensable for free tax money whilst he absolutely layssss his pockets fat
@@Ricky-vp5ee do you own boeing stock in your portfolio?
Sure the guy committed suicide👀
Damn straight
CEO of Boeing should have an Engineering degree. Calhoun is an accountant, he has no business running Boeing.
Would be the same engineer or not
@@TheDrewflex you must be an accountant 😂
As an engineer, I agree! I've worked for several companies where I tried to explain what the company builds while the CEO just smiled and made some joke about engineers. They're completely clueless AND in charge.
@punkypinko2965 and make a lot if money too .....unbelievable that US government let them do it
Being a proficient accountant is crucial but if the service your running relies heavily on some sector of engineering; CEO must be an engineer no doubt
There is just no accountability anymore. This is the downfall of humanity.
humanity isn`t going anywhere sister, we are... do you have any mutual fund it has his stuff in it
It is sad world we live in, very sad.... This man and many more like him getting paid 30+ Million a year in Salary And they feel that they are above accountability. In this situation where the decisions that he has made choosing profit over lives , he should face the same punishment his life in prison for being greedy how much money is enough???
🎯🎯🎯🎯🎯
Been falling long before this lol 😂 you must be new
@@oddballskull1941 Yes, but its getting more frequent! Thats the issue!
Calhoun should stand trial along with other executives, they are presumed innocent and deserve a fair trial but they must be held accountable !!! The Boeing company have murdered innocent passengers and crew members
And it's very peculiar that a handfull of whistleblowers turn up dead right before the hearings and due to give testimony
this isnt about killing innocent passengers and crew
Jail this money hungry who thinks the American public are dispensable for free tax money whilst he absolutely layssss his pockets fat
An example must be made. All I hear are round about and vague answers.
@@George-xb5eyRs they the real killers.
Honestly, Senator Hawley's cutthroat line of questioning is the best in this hearing. The 1:33:00 mark was just brutal...
I love the silence after lol
when he spoke about boeing only paying their employees a 1% increase while the ceo got a 45% increase last year and asked why he hasn’t resigned was hilarious.
Agreed.
@@DevanMccallisterit's what happens when you put a finance bro in the big chair of the nations largest aeronautical engineering firm. The man should be unseated, and an engineering-focused board should be empaneled to lead the firm and get it back on track. Share price be damned, they need to get back to building the kinds of craft that made them great. Just aside the plane issues, look at Starliner! Boeing was the primary contractor for the Shuttle. And while it had two great tragedies, that system flew 135 flights and set records for reusability. Starliner has had two flights, with issues aboard both. It's just baffling that this penny pinching attitude has wrecked a cornerstone of the US tech and engineering industries.
Good Lord did Josh Hawley tear him to pieces. My jaw was dropped the whole time, these are the questions i wanted to hear
😊
Yes he was good ...and Blumenthal
"Its all about an untrained workforce " lmfao the nerve he has to say that. Then train em mfer and stop taking short cuts 😂😂😂 🤡
Boeing is 100% responsible for training their employees
@skinnybricks no kidding bozo. I'm commenting about the CEO saying all of the incidents boeing had was because of "untrained and new workers". That's a lie. The incidents happened because they were getting bs parts and management didn't care if anything was broken or not.
management needs to change.the work force knows how to build its the pressure from the top that has caused short Cummings
.
@@alfredemerson1139 comings* but at least your comment made sense
They are the ones that changed the hiring process from 7years experience to hire school aged kids with zero qualifications which I can only imagine was to union bust, guess what that also failed! they are getting active in their union and WANT to be properly trained but the lack of experience isn’t on them it’s in the company that promised to train them.
The govt need to put the whistleblowers into witness protection!
Enough is Enough the CEO is clearly playing a game of smoke and mirrors .
He is responsible and liable for everything that happens at the Boeing company.
Therefore he and the former CEO Dennis Muilenburg should be in Jail for a very long period of time.
My condolences to the families that have lost their loved ones god bless one and all .
That dude is a criminal. Lock him up if you actually wanna save Boeing, the public, and Boeing whistleblowers who keep getting suicided against their will
This guy is completely shameless and no morality and remorse which is typical for many big company executives
One big lie , greed , hurry up slaves , profits over safety .
Yep!
it's the American way!
DEI kills!!! Now you know that qualified people should get the job not people based on color or gender!!!!!
My tears, those innocent lives.
CEO, chairman of the board, upper management, all of HR, and perhaps floor supervisors need time in the Gray Bar hotel in order to reflect on how their behavior destroyed one of the greatest aerospace companies in the world.
Does it ever matter? Noone ever gets charged or put in jail for anything.
The high and mighty can duck accountability at every corner, but regular folk get put in jail and punished for the smallest crimes.
Exactly. For a for profit prison system, they are going after the wrong people. Little people like you and I if, God forbid, we forget to pay a traffic ticket or something
wait wait did he say he gets paid 32.8 million a year??? WTF no way he should be getting paid that much money especially when your freaking planes keep going down!!
black budget programs
Considering the CEO of ZOOM makes 75mil a year, it's seems little in comparison. And at that income bracket, almost half is taxed, so he's making 15mil after tax. If you compare that to the salries of CEO for arguably less important companies, it's not that much. It sounds like a lot to the ear, but if you did a fair comparison it's not that much.
But he's cutting costs. That's all that matters to them. You cut corners you get paid. Nothing else. They guy is clueless with everything happening in his company.
The truth is capitalism is a danger to society. Noone will face anything. Almost 20 years ago helios dropped out of the sky and nothing literally happened
Senator hawley got him good
"Why should they trust you?"
"We celebrate them and show them we're aware of them", a sorry attempt at trying to not say, we give them pizza once a year.
how hard is it to just charged this guy and arrest em?
how do you arrest a person who makes $15/year after taxes? you don't.
wait am I immune to crime now woahhhhhhhhhhh@@Ali-wf6rh
That CEO is a psychopath who is incapable of shame, responsibility, caring ... he's just making money! He only looks distressed because he can't figure out how to get out of this.
Zero been fired for retaliation
Jail this money hungry who thinks the American public are dispensable for free tax money whilst he absolutely layssss his pockets fat
They attacked whistle blowers
What evidence do you have of that?
@@GH-oi2jf This hearing.
@GH-oi2jf the ceo said in the hearing he is aware that Boeing has "retaliated" against whistleblowers
Just because they didn’t expose everything dosnt mean it didn’t happen! Many people feel the need to be redacted for their own safety and sanity. Not everyone who comes forward does it for clout many did so to protect the public and must also protect themselves!
@@rigelb9025 lol
Healthcare CEO’s should answer to the public for breaking nurses and nurse leaders - still impacting life today with inadequate nursing budgets
Same with the Insurance Companies
Ceo shaking in his boots
Not really. He's leaving anyway.
from these crisis actors like Queenie Johnson, the foxytv emmy nominee
He doesn't care he'll collect and retire wealthy
Here's the lesson: Shareholders ruin everything
Greedy Shareholders
"Our industry doesn't point fingers at each other" but it's the untrained workforces' fault.. 🙄
33 million would fix alot of things on an airplane....do yall think when he is counting his millions he thinks about all those ppl who have died?
This is out right scary. Boeing cutting all kinds of corners on safety and this clown is making $32 million….
Shame on him!
30 million a year what could you possibly do with everything to spend that crazy, these guys think their above everyone, if they wern't humans in flesh they would be dragons just happy to sit on a mountain of gold.
That's $128,000 per day
Consider the CEO of ZOOM makes 75mil a year, it's seems little in comparison. A mnd at that income bracket, almost half is taxed, so he's making 15mil after tax. If you compare that to the salries of CEO for arguably less important companies, it's not that much. It sounds like a lot to the ear, but if you did a fair comparison it's not that much.
@@markushtcopy and paste BS. Boeing kills whistleblowers and cuts corners in safety while the CEO earns "nOt tHaT mUcH"
You can clearly see his dishonesty
@47:52 is where it gets good.
Some of the earlier segments have been nothing but soft strokes but Senator Hawley gets in there and ask the real questions.
To the Boeing CEOs, you should be ashamed of yourself and the claims of safety.
He doesn’t care he doesn’t fly on those planes he has his private ones well safety checked
16:10 I feel Sen Johnson is downplaying the seriousness and underscoring the extent of the problem at Boeing using semi coded language. Sure, there’s levels, but the people trying to preform the quality control are being prevented from doing their jobs. The fish rots from the head down.
[edit 2] I’m further into Johnson’s questioning. He sounds more like a disappointed father than someone who’s concerned for hundreds of millions of peoples lives and wellbeing. I have no doubt that he understands that this needs to be corrected, but it feels more like a gentle scolding. I’m not saying he should scream at him, but it just doesn’t feel like he’s talking it as seriously as he should.
If his chair was metal the seat would have a mirror shine from all that squirming.
He wanted to throw it at his chief engineer.
Chief Engineer: You’re on your own, bud.
The airlines have the same problem, putting speed and performance and profits over safety.
Only time I agreed with the questions of Hawley.
100%
Why has the part of the apologies towards the public been cut out of this video? This video pretends to be a full video...
I would rather hear from Stephanie Pope than Calhoun. She is head of Boeing Commercial Airplanes, and Steven Mollenkopf, the Chairman, who has to find a new CEO. Calhoun is a lame duck.
Senator Hawley would make a great president listen to him go I would vote for him
No one deserves a salary of 32 mm a year!
“It’s a big number.”
Consider the CEO of ZOOM makes 75mil a year, it's seems little in comparison. A mnd at that income bracket, almost half is taxed, so he's making 15mil after tax. If you compare that to the salries of CEO for arguably less important companies, it's not that much. It sounds like a lot to the ear, but if you did a fair comparison it's not that much.
When are they going to put the car manufactures on trial for cutting corners and being cheap nowadays?
Again why businessmen should never be in charge of organizations that engineer anything.
$33m a year to stay on to eat his own dog food.
It's almost as if there's yet more to come, and nobody wants the job because of that.
His career's over anyway, he might as well take the $33m for a few more uncomfortable meetings.
And killing 346 people
Consider the CEO of ZOOM makes 75mil a year, it's seems little in comparison. A mnd at that income bracket, almost half is taxed, so he's making 15mil after tax. If you compare that to the salries of CEO for arguably less important companies, it's not that much. It sounds like a lot to the ear, but if you did a fair comparison it's not that much.
@markusht you are talking complete crap . The previous CEO Mullenberg got 62.2 mln severance package for killing 346 people. So please shut up
anyone knows who is the woman sitting behind Dave Calhoun? Im curious because I noticed her tearing up when Calhoun was being grilled at 55:04
THE WARS ! NOT JUST GAZA... all WARS need to stop.
Theres kids EVERYWHERE.. NOT JUST GAZA .
Nope, nope, nope....
Everything he is saying should not be taken serious. The biggest issue dave Calhoun and all the other managers, down to first line (floor managers) needs to change. The question to dave was, what is it that you get paid to do exactly? This is a great question for ALL managers. You might see a first line manager twice a day. First lines have pushed a lot of their responsibilities on to crew leads. So, exactly what do they do... maybe take attendance (if they are not trying to have leads do that( by the way, that is against the union contract). They go to meetings and have crew meetings, but neither meetings last all day. When the two planes went down and all those loved ones parished, boeing management pushed the same thing they are pushing now... safety and quality. You can look up statements Calhoun gave back then and compare to what he is saying now...its the same thing. Some in the business would call this, the flavor of the month. Don't even get me stary on training. The people coming in are not being trained properly. Some, if not all do not even know how to navigate the system to find and print drawings. Recently, but only to check off a FFA requirement, first line managers were directed to come down to floor, take there new ppl and ask them to navigate the system to find their drawings. This is something they should know prior to being released to full production. Calhoun received a 45% increase in pay. Its laughable bc the ppl building the plane, haven't seen a raise in 15+ yrs.. lets be honest, some ppl building the plane may not live to see or enjoy retirement bc of the chemicals they work with. But here dave gets a 45% increase for a job that he doesn't even know what the responsibilities are. Hourly employees are threaten with corrective actions...if get 3 for the same issue you're fired. Has dave and other management not exceeded that. When will he and other managers be held responsible. The culture within Boeing, is a threatening culture, especially if you are of color.
What used to be one of the best paid jobs in the NW no longer exists. They base the cost of living on a national average. With the cost of living in the pnw regular boeing workers are struggling to pay their bills. Lost their pensions. As well as paying 4x the amount for medical insurance thanks to the introduction of Obama care. I am sure boeing will be happy if their workers go on strike so their subcontractors can catch up. Does employees get compensated for training others..... um no! They brought this ceo from gm to send a clear message to the workers. Look what happened to the gm employees. They need to bring jobs back from China. STOP the outsourcing.
Praying for the family members of those who lost loved ones.
I applaud Sen. Josh Hawley for grilling$32.8M Boeing president and CEO David Calhoun.
On the contrary, Sen. Johnson seemed to make his question to please and ease out this CEO, and even lead them on how to reply by answering his question himself for them, . wow, what a contrast.
Well done Sen Hawley, especially in your direct ruthless question you place on this Boeing president & CEO ranking nearly $33 M a year. Check the question @ 1:27:44
There's some culpability in Congress too. They used to regulate monopolies. Boeing has no U.S. competitors even close to it's size. No competition always increases management greed, and decreases employee work environment
Its so inappropriate to shake hands for a hearing..
I was in t hose standout meetings. There weren't 30,000 unique ideas. There were 30,000 people saying the same thing.
The real struggle the CEO has and care about is how his wage are going be 34M + the following year.
Let him have it Senator !!!!!!!.Hawley !!!!!
Holy sht even with their issues, i'd pull my hair out having to answer some of these terrible questions being asked WOW
CEO has set up a system that insulates him from any consequence .
That's corporate America in a nutshell. The executives are always protected from real consequences.
@@Klako-ls6yt I agree that most large corporations are run for the benefit of executive management. Us stock holders don't mind if at the same time we get our dividends.
There are exceptions to the rule. And I will name a few:
-I worked for Northrop when Kent Kresa was CEO. I still get great returns on my stock. I was treated wonderfully as an employee. My least favorite action was moving headquarters from Los Angeles to the DC beltway and personally moving my job to Texas.
- Henry Kaiser: this man gave us the only HMO that works for its members and it's doctors. He helped defeat the NAZIs and the Imperial Japanese while revolutionizing ship building, gave many jobs that paid well including women and minorities who could not jobs from others. My 99 year old Dad sailed on his Liberty Ships, and while many were sunk, Kaiser made so many that the NAZIs couldn't sink them faster than Kaiser made them. After the WW2 Kaiser Engineeriners employed my brother in law who helped build a coal gasification plant that economical turns coal into natural gas. If we ever run out of petroleum we have about a 400 year supply of coal that could be converted ecologically and economically into natural for either transmission or more probably into electricity. No foreign dependency.
- Elon Musk: this crazy man has done so much for us it is hard to imagine he exists. I wish I had bought his stock. 1st (with government help) he built SpaceX and boosters that return to earth for reuse and all this at profit. He built these at the old Northrop plant I worked at, reviving the Southern California aerospace industry which crested many high paying jobs and supporting the local economy while the State of California did everything to tax and regulate SpaceX out of business. Then he did another impossible in California creating Tesla to make EVs that work with a workable charging system, all this at profit. Yes he gets gigantic pay, but the stockholders love him. I am anticipating that Starlink will eventually be a profitable success (if we don't commit suicide through global nuclear war, a real possibility with Iran's nuke capability). Already Starlink helped Ukraine survive Russian Invasion. I am waiting for Starlink to be price competitive with US internet providers, which I expect to happen very soon
There are other CEOs who are good people and do good things. Many run smaller companies you never heard of. Many are the founders of their business. The typical bad CEO is not the founder and is the process of liquidation of the company to get most money out of it before he drives into bankruptcy.
If you're wondering why the ceo seems so unphased, it because even if he gets fired, he won't face any time whatsoever, and if he is fined will still have plenty of money left over.
This is America, we don't hold corporations or the people who run them accountable for crimes.
32M salary.. you better know the answers to all those questions
38:00 of course people dont want to go into manufacturing. Those who are in the industry, could wake up any day and find out their job is going over seas. I never would want my job to be that easily given away at a moments notice.
47:50 is when the smoke starts 💨😶🌫️💨
Enough has been done until the next crash. These big companies' CEOs are like politicians. Liars, and corrupt. Money is what matters.
This mans morals are rotten to the core. You get paid 32 million when you're doing proper bad stuff from 9 to 5, it's compensation for the chance of things happening like the charges he will be charged with, not reward for good performance.
It's pretty stupid how they were on a time frame on such a serious conversation. Some senates didnt get to get their question (s) answered.
No one is worth $33 million a year.
He's leaving Boeing at the end of the year because he's got enough $$ & doesn't care about what happens to the company after he leaves.
Of course he listened to the whistleblowers…and then he threatened them
he was about to start crying after hawley went in on him.
👏👏👏 senator hawley!!!!
It’s kinda ironic and hypocritical that our government grills the private sector however, when they do something similar or worse, there is no accountability.
I also love when they asked Calhoun ANY difficult question he fails to answer and does an amazing job of going around this question
Did you catch at 1:26:29 "What's called a minimum equipment list that allows airplanes to be dispatched if not every single system is working but enough are working to provide um absolute safe operation and the airlines operate with that as well as part of the Cadre of data that they use to support daily operation and of course." The plane just needs to be in enough working order to put your loved ones on and risk their lives. Same as I know my tire has a slow leak from a nail, but I will let my son drive my car on the freeway at exceeding 65 mph knowing it can blow out.
Did I hear correctly CEO makes 32 million!! 😮
Yep, 32 Million PER YEAR and he’s murdered over 300 people with his product.
That is $128 thousand per day
I believe is more under the table.
15 mil after taxes but yeah. Zoom CEO makes over 30 mil after taxes
The way corporate law works, no one will go to jail. All they can do is fine the company.
1:27:50 That Atlantic article reports only specifically about the 737 fuselage. However, for many many years prior to then, Boeing as a matter of practice, regularly outsourced its fuselages to other companies. For instance, Northrup-Grumman had produced the fuselages for the 747 and F-18s and other Boeing aircraft for decades prior to then. In fact, it could well be that the 737 was an exception in that Boeing had never outsourced that work.
Thus, the Atlantic focused on the exception and not the general rule. Hence, Senator Hawley got misled into concluding that prior to 20 years ago, Boeing did all of its work in its own US facilities. That never happened. I know that for a fact, because I worked in aerospace during the 1990s, including a stint at Northrup, and I was part of the Boeing JSF One Team in our bid to win the F35 contract. As such, I worked in manufacturing sites producing key components used in several Boeing planes, but I never actually worked for Boeing, nor have I ever visited a Boeing facility.
TL/DR Boeing has historically viewed fuselages as the same as any other mechanical "part" that one buys from a parts dealer, no different from buying tires from Goodyear.
47:50 what you came for
Anybody feeling better after watching this? Not me.
They won't change anything the board isn't going anywhere they'll just put a new patsy as the face and continue on.
What are the alternatives to Boeing? We need every 737 grounded now.
why grounded?
Airbus
"In the Puget Sound the more skills they accumulate the better they'll get paid" again, no.. it's a grade/level system. You get hired in a position and are trained/paid for that position. You don't get paid more because you get more training. Your pay is based on your job number.
100% no one makes more money for keeping other certifications outside and in addition to their current job code.
Never thought I would agree with Sen. Hawley on anything but he was spot on in this hearing.
Dave got ripped into...and he deserved to as well, Disgraceful.... Well done Senator Hawley
40:19 ofc blame it on "untrained workforce" when you have enough money to actually spend on education of workers
Senator Josh Hawley was the best. He said what we all felt. He told Calhoun off good!
I know nothing about Senator Hawley, but I think he did a great job with his questioning. Everyone here did, but Hawley was saying everything the workforce has been shouting for years.
Also, Calhoun saying "they will get a raise" he considers 10¢ a raise, so these negotiations will be interesting.
Hawley is also a good runner
Calhoun earns $128 thousand per day
the dei chief engineer says it all. I’d like to see his grades compared to others in the company and figure out why he’s the man in charge. I really wonder. You did this to yourself people.
Who is the chief engineer? I didn't catch the name.
46:56 47:07 STOLEN?
I’m so glad that all the victims families in the room were mentioned. That includes the victim who sadly took his own life.
What's with the sudden cut at 20:42
So what were the results after this hearing?
This is what happens when you get people in charge who don’t take accountability for their actions and only want to blame employees.
This hearing could've ended after this sentence @ 11:16.
Dennis muilenberg should be there as well
He has not even met with the whistleblowers wow
They still have plenty of defense contracts, and space is one of the biggest. I'm sure the money is being spent responsibility?
Lot of comments about Calhoun but what about Muilenburg? the guy who walked with 62 million USD amidst the max crisis. The super rich don’t even get fired the way regular folk do…
I am impressed by the questions and demeanor of Senator Blumenthal. Even at the 1:15:00 (somewhere around that timeline), he was saying he was getting angry....the man was CALM.
I think the government should cite Boeing’s Quality or Manufacturing VP to provide explanations. Or even better, cite those f… bullies that have retaliated employees.
WTF switched to a Trump rally?
I have only two words for this: McDonnell Douglas.
Only if Boeing did not merge with McDonnell Douglas. Boeing current culture is the culture originating from McDonnell Douglas. Actually, McDonnell turned Douglas into the same kind of company that Boeing is now, after McDonnell merged with Douglas
Why has the quality fallen so much? Why are doors falling off? Why the Dutch roll and sudden drops? Is this the product of DEI too?
Dutch roll not their fault
Why would they cut the apology? What are you doing CBS?
Never!….. absolutely NEVER!!!!…. Would I ever sit inside a BOEING PLANE!.
If where I want to go is not an Airbus?, then home is where I stay.
Why havent you resigned….?? - Bro the statement just throws hundreds of punches to the CEO’s face 💨💨
You will not stop this clown act until you STOP this CEO culture that is only in America. you must be like Tedy Roosevelt "The trust buster"
you pointed out the problem Calhoun dosen't know what is going on in his company's. bust you the CEO'S