Boeing CEO makes 166 times a typical Boeing worker

Boeing Co. Chairman and Chief Executive Dennis Muilenburg received $18.5 million in compensation in 2017, which the company said late Friday was 166 times the salary of a typical Boeing worker. Companies this year are reporting their CEO pay in relation to the compensation of a median worker for the first time as a result of a 2015 rule mandated by the Dodd-Frank act. Boeing said its median employee earned $111,204 in 2017. Muilenburg’s compensation included a $1.7 million salary, nearly $6 million in stock awards, and more than $8 million in a non-equity incentive plan. He received $15.1 million in compensation in 2016. Boeing shares have jumped more than 85% in the past 12 months, compared with 19% gains for the Dow Jones Industrial Average in the same period. Earlier this week, General Electric Co. and AT&T Inc. reported their CEO pay ratios, and Honeywell International Inc. reported its ratio last month.

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