Company: BA
Filing Date: 2025-03-07
Form Type: DEF 14A
Source: 0001193125-25-049921
Chunk: 40

Company: BOEING CO
Filing Date: 2025-03-07
Form: DEF 14A
Chunk 40
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back Policy                                          |     |    |
| •   Tax Gross-Ups                                            |     |    |
| •   Accounting Implications                                  |     |    |
| Compensation Committee Report                                |     | 69 |
| Compensation Committee Interlocks and Insider Participation  |     | 69 |
| Compensation and Risk                                        |     | 69 |

| 2025 Proxy Statement |     | 45 |

COMPENSATION DISCUSSION AND ANALYSIS Executive Summary Overview of 2024 Financial and Operational Performance Our executive compensation program is designed to align executive pay with our financial and operational performance and the creation of long-term value for our shareholders. In 2024, we experienced significant and severe impacts to our financial and operational performance caused by the decision to slow our production system following the 737-9door plug accident, supply chain constraints, continued challenges in key defense fixed-price development programs and the IAM 751 work stoppage that paused our operations in the Puget Sound region for over two months.

| * | Non-GAAP measures. See Appendix A on page A-1 for definitions and reconciliations. |

Leadership Changes During 2024 Ms. Pope was elected Chief Operating Officer of the Company effective January 1, 2024. Mr. Raymond was elected to fill the role previously held by Ms. Pope, that of President and CEO of our Global Services business, also effective January 1, 2024. Ms. Pope was also elected President and CEO of our Commercial Airplanes business effective March 25, 2024, replacing Mr. Deal in that role. Mr. Deal served in a transitional advisory role until his retirement on October 1, 2024. On August 8, 2024, Mr. Ortberg was elected to the position of President and CEO of the Company, following Mr. Calhoun’s announcement on March 25, 2024, of his intention to retire from the Company. Mr. Calhoun served in a transitional advisory role until his retirement on March 1, 2025. Mr. Colbert ceased serving as President and CEO of our Defense, Space & Security business effective September 20, 2024, and separated from the Company due to layoff on December 2, 2024. The impacts of separation from the Company on pay for Messrs. Calhoun, Colbert and Deal are described under “2024 NEO Pay Decisions” starting on page 61 and under “Potential