Summary
- Boeing shareholders voted to back outgoing CEO Dave Calhoun’s pay deal and re-election to the board
- Glass Lewis had urged shareholders to reject Calhoun’s nomination, while ISS had recommended a “no” vote on his compensation package
- Calhoun will face challenges ahead, including presenting a plan to the FAA and potential criminal prosecution by the Justice Department
- Shareholders expressed discontent with the company’s recent oversight and handling of safety issues