The other suites like Stephanie Pope and Stan Deal also paid themselves an average of 50% pay increases from 2020-2023. Their 7-figure salaries in addition to their 8-figure bonuses...
@@BajatheChickenMan Yep I agree. In order to start this, YOU are going to be a CEO and give 90% of your wages to the poor workers. Lame excuses to follow.
@@rtth465 dude he worked for Texas Instruments, the went to some company idk the name became CEO and then retired. he himself is an engineer and graduated from the Iowa State University or smt
@@adw1z there In a contract dispute right now,,, i THINK THEY CAN PAY THERE EMPLOYEES A LITTLE MORE ... & maybe take a couple million out of CEO pocket ...🤔
I am a Machinist on Strike, last year i tried to purchase my first home. I was turned down for a $500k loan to purchase the home. The bank told me i dont make enough to afford the mortgage and mortgage insurance... This Strike is so we might be able to get back into the middle class.
Trying to help you here. How’s your credit? Bad? Might fix that. A vet? Try a VA loan. Have a down payment? No then save some money for the down. Sell off any toys. Dont eat out etc. in other words its not just salary its making wise choices and TAKING RESPONSIBILITY For Your own ACTIONS.
Perfect example of upclass income versus low income. No matter how bad the economy is, the rich really have too much monopoly money compared to the working class.
Laughably false dichotomy. He could have engaged short-term housing-luxury housing, even-until Boeing worked it out with the union. Maybe you don’t know it, but this niche exists in the housing market. Hell, most major industrial firms already own that kind of property for their traveling executives. Boeing almost certainly does as well. He could have waited it out there, then after the union resolution done whatever he wanted-preferably a nicer house than what he got. Instead, he has committed a totally unforced error that bespeaks a lack of leadership and self-reflection. It’s so dumb that at a moment when Boeing’s hard-won reputation is completely down the crapper, you have to assume now that any board of directors that would hire a guy this obtuse must ultimately be culpable for flying the company into the ground. Framing it in terms of liberal moron vs. libertarian nitwit is not helpful.
It's never been about the amount of work but rather the *type* of work. This is why people get college degrees, so they can *make more per hour* . In a competitive landscape, a company's hard workers can spin their wheels and get nowhere if there isn't a good high level strategy pushing them in the best direction.
@@rtth465 Of course you ar right, I'm just not outraged at the story premise. It's deliberately produced and timed to create outrage when we really don't need any more, do we? Reasonably, the CEO of a profitable & healthy BCA would live in a mansion. It's just not healthy and possibly not even profitable without the defense side of things. Let's compromise -put him in a condo directly under the Paine Field traffic pattern until benchmarks are made.
Oh, absolutely, the CEO is essential to building a plane-after all, someone has to decide the color of the office walls while the machinists handle the trivial task of actually assembling the aircraft. Without the CEO’s strategic brilliance, who would ensure the company’s stock price soars while the real work gets done on the shop floor? But don't worry, the CEO will be right there to take credit when the plane takes off, all while having never touched a single tool. ✌️
To much of the country they will think 4.1 million is a giant mansion. The cost of living here is insane, and this is why 40% raise to workers is not asking much at all, it brings them to living wages for seattle area.
I understand Boeing employees want a higher pay raise but I seen so many Boeing workers doing nothing. They’re either smoking, making a mess with coffee cups and food wrappers or just playing on theirs phone. So who’s really at fault.
She acted a bit too dramatic. A $4.1 million home is peanuts for a CEO of a huge company. Now if he bought a $85 million home then you can make it a story. Grow up
This comment literally underscores what the news article is trying to point out. They’re literally trying to say that the CEO is buying a new house instead of literally caring for the worker who can barely afford a roof over their head. Like lmao. What logic is this?
The CEO gets to buy whatever he wants. These workers better get serious about working and not asking for a ridiculous contract. They’re gonna see these jobs go away.
Poor timing on the part of the new CEO, but honestly.....the machinists would have found fault with whatever he does, even if he decided to live in a tent.
If CEO would have decided live in the tent, then this news report would have been a bit different. would it not? Also, none of these people said anything bad about him in the interview, but rather said, "good for him". If he moved into anything less than a mansion, that would show people his commitment to thie contract and his people. So we will see what happens..
I’m a machinist. His home was very modest for his position. He’s the dang CEO and could’ve gotten something way nicer. I’m hopeful that he will be on our side, but maybe I’m dreaming.
i dont know you guys have been putting out a bad product as of late. According to government statistics, Boeing aircraft have been involved in nearly 6,000 aviation accidents and incidents worldwide. Of those, 415 were fatal accidents, resulting in over 9,000 deaths.
Why do you think that is? Maybe because building aircraft and prepping them for certification is an important job where a lot can go wrong and peoples lives are in your hands? I wonder... Today I was looking at job listings and I saw a golf course maintenance job where the starting rate was $29-$35 an hr. I get paid $36 an hr at Boeing to prep the aircraft for certification. This guy gets paid what I get paid to mow grass.
@@Dog.soldier1950 I guess you can do these jobs for 90k/yr no problem? That'll put you in a nice studio apartment within driving distance of the plant, in your 10 year old Kia. Now don't forget that's after 6 years of working there. With your background, I'm sure they'd start you right with everyone else, at McDonald's wages. Why don't you apply?
@@chamorro81 so you know everything , esp how much Boeing already paid them¿ watch how greedy entitlement risk losing their future careers pension security by asking unrealistic salary . Hard times & Anyone is replaceable, even a ceo . High unemployment crisis, most comp are trimming down to survive …..Soon new mechanic college graduates rookies willingly be replacements for cheaper competitive wages.
Why is this an issue? He just became Boeing's CEO. It wasn't Boeing's money he used to buy that house. He probably sold another house to help pay for this one. The timing is just coincidental. Remember he retired from another company. This is a big adi about nothing. The machinists were going to strike whether the new CEO paid $4.1 million, $410k, or even if he didn't buy a house at all.
Engineers, technicians and machinist are the heart and soul of a aerospace company, not the MBA grads and accountants that are running Boeing to the ground.
So some of you are mad because he decided to move to Seattle and purchase a $4.1M home? This guy was a CEO for Rockwell Collins, Inc. and Collins Aerospace, has been a business person since his days as an engineer. He was already rich prior folks, smdh.
Why does it even matter how much Boeing CEO spend on buying his own house? He is using his own money? It is not like he is poor before he joins Boeing? Also $4M is nothing for a CEO running a company the size of Boeing, do you expect Boeing CEO to live in a $100k studio apartment or something? Journalist nowadays are just so sh*t.
@@shamrock141 he is buying his own house probably using his own money. He has only been at Boeing for like what less then 2 months? How much can Boeing possible has given him (even including any potential sign on bonus?) So he is probably using his previous income to purchase a home at a place that he plans to work. I see nothing wrong with what he is doing? The issue nowadays is that people are all freaking jealous and all they know is crying for inequality, everyone seems to think that anyone who are remotely wealthy must be bad. You do realize that he is probably a millionaire himself prior to taking on the Boeing job, this is not his first job that pay him a good enough sums of money… so I think he can probably afford that house with or without the Boeing CEO role if he decides to live in Seattle. People need to grow up. Do people really think a CEO of a company should really just live in a tiny $100 to 200k apartment just to proof a point that he is not spending lavishly? And then there is a question, So what if he is spending lavishly if that is using his own money? Why do people think everyone need to be at the level of the lowest common denominator in order to be the right thing to do? Should I ask all employee in Boeing to rent or buy house only the lowest paying staff in the company can afford? That’s no different than a communist country type of organization… is that what people want? It makes no sense, it just comes across as people are just taking things out of context and be angry and using irrelevant things to drive up people emotions. US$4.1 million dollar home for a CEO of a company with hundred of billions of revenue, and one of the largest employer in the country is not unreasonable.
New dude in charge needed a place to live in his new town. He's rich, so he bought an expensive home, though that sounds almost modest for a fancy Crystal City Virginia area neighborhood. I'm sure someone was paid to find him one as soon as he was hired, and it just now closed. Big deal. Excellent work by the realtor.
The fact that people are focusing on this is why strikes fail in the first place. The strike should be based on goals and necessities for it's workers. Not comparative CEO payouts.
You know a lot of aviation workers have trailers packed near the airfields and hangars they work at since they can afford a home within a commuting distance. A lot of others sleep in there cars between shifts and only make the long drive home on weekends. Being able to afford a home near enough the place i have to work sounds like a pritty major need to me!
$4.1 million isn't out of line in the Seattle area especially for the CEO . Houses in middle class areas near me have sold for $2 million.. Not saying it's not a bad look, but it's the truth. I'm surprised he didn't spend more.
The real problem is that all of the liberal policies.Yes Democrats ! Have driven up the cost of living in Seattle to unsustainable levels. It’s NOT the companies fault. They must build planes at reasonable cost. So Boeing must move production out of the Pacific Northwest to survive long term. The strike will hasten this process and you will strike your way out of a job, permanently. Look at Detroit and see the future now.
Be mad at the right thing. The last CEO is getting almost $100,000,000 to leave. At least this guy is moving to Seattle to be near the operations so I give him credit for that. Plus 4 million is not all that crazy for that area.
C-suite is basically a money grab at this point. Still dont understand how on earth, pay and benefits are not tied to performance for executives in companies. It should be a standard to only get paid if you hit certain milestones. No reason they should be getting a raise for driving the company into the ground.
@@daveymcc1421 I think it’s more than just a CEO. Lots of layers of failure happen outside of their control, like federal inspections. Can’t hold the leadership liable if a third party said it was safe. 💁🏻♂️
Nobody should support boeing! The planes are dangerous at best, their pay is depressing, and the fact the company is worried about losing THEIR money???
@@deplorablechump8758 Why not? It would keep eyes off of his actions, and he can always fly back and forth - he's got connections in the airplane biz. He knows people.
The most effective weapon workers have in a capitalist society is their labor. Corporate greed has heightened the internal contractions of a capitalist society and, in effect, has created the material conditions for Unions to organize and advance the struggle for better working conditions. Keep up the struggle! You’re making history.
That's actually a cheap home in Seattle. Even a director or VP level at these tech companies in Seattle can easily afford that. He can probably afford much more than that.
Company on the verge of collapse. workers can't afford a living. brand reputation at an all time low. executives buy multi million dollar homes on their multi million dollar compensation package. This is exactly as intended as it is peak capitalism 😂
Before Kelly became Boeing’s new leach, there was Dave Calhoun. He is stepping down now; its time for a new boss to rip off its workers. Calhoun took a $33 million dollar bonus in 2023, That must be very difficult for him and his wife. They both probably have to find jobs now so they can put food on the table for their brats.
It doesn't matter where the new CEO lives. Corporate headquarters is still in Virginia and there are factories in anti union states like South Carolina that Corporate can threaten Puget Sound workers with.
So funny seeing all the naive people commenting. His neighbors will be 4-50yo tech company project managers at that price. Seattle is expensive. A 1000ft2 1920s house in ok shape and a not hood neighborhood is easily 1mil.
I'm sorry but a 40% pay raise is a little ridiculous the employees are getting a little greedy and I don't care how you try to explain it that is too much of an increase and especially how the planes have been performing over the last few years the employees definitely don't deserve that large of a raise
Millions of boeing airplane flights per day. All over the world. Where are all of the problems? All of the 737 problems were due to cuts in engineering, planning and quality that were corporates brilliant cost saving measures. Nothing to do with the machinists. You have no idea what you’re talking about. We haven’t gotten a real wage increase in over 10 years. Meanwhile minimum wage will have gone up 72 percent by the beginning of next year. Prices and inflation have exploded. Do some research before opening your mouth.
I don't care who the CEO is, if he/she can't get the work force behind them, they too will be another LOSER... A Boss can only PUSH one man at a time, A LEADER can move thousands.... I used to work there, many moons ago. I know all about laziness, bad attitudes & BS....
I noticed a sign that said, “We put our blood sweat and tears in to these airplanes”. If you would have just put the correct bolts in you might have a better reputation.
This is not true. To average that you’d have to work around 300 hours of OT per year. Grade 9 AMT’s which is just about the highest pay is $49 an hour. The majority of the workers at boeing are grade 4 mechanics/electricians.
@@chamorro81 I live here in Washington state I have friends who work for Boeing my sister works for Boeing and I'm telling you a journeyman at the Boeing plant in Everett at the 737 plant makes $55 an hour Google it
Boeing should hire CEO who can’t afford $4 house in Seattle? Best thing they can do is hire bad add ceo like Musk. But they want a 50 billion pay package.
That's not that expensive, for a CEO. You can buy a $4.1 mil house if you're making around $400K a year, maybe a little more cuz interest rates are high right now......also Boeing workers already have a high wage, and no reason to strike.
4.1 million dollar house in Puget sound is a nice house but, not a mansion, just about any little house is worth 1 million dollars...very expensive to live in Washington state
If the CEO can get a 45% pay increase, I think they can afford to pay their workers more.
The other suites like Stephanie Pope and Stan Deal also paid themselves an average of 50% pay increases from 2020-2023. Their 7-figure salaries in addition to their 8-figure bonuses...
@@reubenmorris487 Ummm I don't think they paid themselves...my guess here the board approved the pay raises?
The fact is that most Boeing workers couldn’t afford to buy any home within 40 miles of Seattle right now.
True maxed out grade 8 im in a 1 bedroom apt no way i can get a house anytime soon.
Is that because of the Socialistic , Marxist way?
The fact is its still one of the most sort after jobs in Washington
@@Electric-Eclipse-p6xWho's fault is that ?
@@Electric-Eclipse-p6xwhat’s your hourly rate, I doubt you can only afford a one bedroom, unless you have made choices leading to that
Airbus send their love 😬
It's funny how the top make bad choices and they want their bottom workers to pay for the CEO losses.
2024 is ripe for rebellion.
@@BajatheChickenMan Yep I agree. In order to start this, YOU are going to be a CEO and give 90% of your wages to the poor workers. Lame excuses to follow.
and then they go to the government for a sweet socialist bailout and use the money for bonuses and stock buy backs.
$4M around Seattle, that's about $750k elsewhere in the country.
No, but we get your general point, that home prices are higher there.
no its not lmao
love all these poors like 4mil is nothing 😂
4mil is nothing to a ceo for size of company like boeing.
it's a lot for someone doing a lousy job 😂
Correct especially when the pay ratios of American CEO to workers are about 40:1
@cmdrls212 He just started this week. He is inheriting a mess he didn't create. Do your research.
So he bought a decent size house for a CEO?!?!
@@garrettchan9990 CEOs aren't worth what they cost. That's why they are first in the ai replacement list 🤣
I'm sure he was a millionaire before he took the job.
For doing what?
@@rtth465 Doesn’t matter. It’s his money.
@@rtth465 Do your research. I did.
@@rtth465 dude he worked for Texas Instruments, the went to some company idk the name became CEO and then retired. he himself is an engineer and graduated from the Iowa State University or smt
DOORS falling OFF,,, TIRES falling OFF,,, WONDERING why boeing CEO GETS SO MUCH MONEY ???
He's just taken the job last month... probably hope he can resurrect a failing company.
Chill it’s a new ceo, wasn’t there for all those calamities
@@adw1z there In a contract dispute right now,,, i THINK THEY CAN PAY THERE EMPLOYEES A LITTLE MORE ... & maybe take a couple million out of CEO pocket ...🤔
I am a Machinist on Strike, last year i tried to purchase my first home. I was turned down for a $500k loan to purchase the home. The bank told me i dont make enough to afford the mortgage and mortgage insurance... This Strike is so we might be able to get back into the middle class.
Hold fast, don't bow down like those poor railway workers. Tell the govt to screw.
Stop voting Democrat
What could you afford ?
Trying to help you here. How’s your credit? Bad? Might fix that. A vet? Try a VA loan. Have a down payment? No then save some money for the down. Sell off any toys. Dont eat out etc. in other words its not just salary its making wise choices and TAKING RESPONSIBILITY For Your own ACTIONS.
A $ 500,000 loan? What was the total cost of the house you want? How much other debt do you have?
Wow! So the CEO buys a 4mil dollar home but cannot afford to pay his employees a fair wage. Pure Greed!
He's the new ceo, hes buying a home here in seattle since he needs to be closer to work. That and he was already rich.
Americans have become haters. Pull yourself up by your bootstrap and you can be a CEO too 😉
@@laulusb87 He has been at Boeing since September 10, Einstein.
@@ruthiemay423he was already rich before boeing. Smdh
@@FreedomBiafra Duh...
No, I thought he made his fortune in 4 days. ROFLMAO
$4.1M for a CEO of a major public company is very modest.
It's a cabin home. He has his original still
Agree. Unfortunately. 🫤
Not when your employees can afford a starter home anymore.
@@jq5843When is your business going to open? How many will you employ?
modest Because they are overpaid? circular logic
Perfect example of upclass income versus low income. No matter how bad the economy is, the rich really have too much monopoly money compared to the working class.
Their time is coming.
@@BajatheChickenMan what does that mean? Chairborne rangers like you will do nothing
you should have stayed in school. Millionaires seldom drop from the sky.
@@rafram4132 Go to school, go to work, outperform everyone, and then you can revisit your statement.
Most of these commenters are clueless. Y'all do realize he had his money before joining Boeing and just started at Boeing literally a month ago
Not clueless. The CEO is tone deaf. Real life isn’t some Accounting 101 exercise: It’s a bad look.
@@carlwomble7060It's a bad look because you can't pull yourself up by your bootstrap like he did . So he has to act poor to make you feel good ?
@@carlwomble7060 So why are YOU not a CEO working for $ 25,000 a year and living in a shack?
Laughably false dichotomy.
He could have engaged short-term housing-luxury housing, even-until Boeing worked it out with the union. Maybe you don’t know it, but this niche exists in the housing market. Hell, most major industrial firms already own that kind of property for their traveling executives. Boeing almost certainly does as well.
He could have waited it out there, then after the union resolution done whatever he wanted-preferably a nicer house than what he got. Instead, he has committed a totally unforced error that bespeaks a lack of leadership and self-reflection. It’s so dumb that at a moment when Boeing’s hard-won reputation is completely down the crapper, you have to assume now that any board of directors that would hire a guy this obtuse must ultimately be culpable for flying the company into the ground.
Framing it in terms of liberal moron vs. libertarian nitwit is not helpful.
he's not worth 4, bucks and hour for doing such lousy job 😂
It’s unfair that people do the most work get less and people that do the easy work gets the most
It's never been about the amount of work but rather the *type* of work. This is why people get college degrees, so they can *make more per hour* . In a competitive landscape, a company's hard workers can spin their wheels and get nowhere if there isn't a good high level strategy pushing them in the best direction.
Well, he is moving to Seattle after all
Besides, $4.1 gets you a 3 bed/2 bath rambler near the freeway if you’re lucky
he's not near the freeway and that's no rambler
You saw what he bought there for $4.1M. Listen to the report please
Actually no. Even in Seattle or most anywhere it gets you more than you need
Snarky creeps who crap on cities should be required to live in the boondocks with a long walk to the outdoor potty. Howshouldyouknow…, includes you
@@rtth465 Of course you ar right, I'm just not outraged at the story premise. It's deliberately produced and timed to create outrage when we really don't need any more, do we? Reasonably, the CEO of a profitable & healthy BCA would live in a mansion. It's just not healthy and possibly not even profitable without the defense side of things. Let's compromise -put him in a condo directly under the Paine Field traffic pattern until benchmarks are made.
Oh, absolutely, the CEO is essential to building a plane-after all, someone has to decide the color of the office walls while the machinists handle the trivial task of actually assembling the aircraft. Without the CEO’s strategic brilliance, who would ensure the company’s stock price soars while the real work gets done on the shop floor? But don't worry, the CEO will be right there to take credit when the plane takes off, all while having never touched a single tool. ✌️
To much of the country they will think 4.1 million is a giant mansion. The cost of living here is insane, and this is why 40% raise to workers is not asking much at all, it brings them to living wages for seattle area.
$4.1M isnt that high a price.
Overpaid. the Seattle Area has become the third world. I bet there's a homeless camp nearby.
Nor cheap or a dumster
4.1m is cheap for whites. Everyone else it is a mansion.
Great! Can you buy me one then? I'll pay you back...
I understand Boeing employees want a higher pay raise but I seen so many Boeing workers doing nothing. They’re either smoking, making a mess with coffee cups and food wrappers or just playing on theirs phone. So who’s really at fault.
She acted a bit too dramatic. A $4.1 million home is peanuts for a CEO of a huge company. Now if he bought a $85 million home then you can make it a story. Grow up
that's no the point. READ THE ROOM
😅yeah especially when the average salary of CEO to workers are like 40:1.
Wait, that would make the workers argument more valid
$85 million for a home? I can buy a mansion with that kind of money. No thanks either way...
This comment literally underscores what the news article is trying to point out. They’re literally trying to say that the CEO is buying a new house instead of literally caring for the worker who can barely afford a roof over their head.
Like lmao. What logic is this?
Keep them horrible optics coming, Boeing and IAM.
Same Sh!t going on at hospitals.
$4 million for a home in Seattle ? What did he get, a Mother-in -Law appt. Above someone's garage ?
Is it that expensive in Seattle?
@@hardinFriscoyes.
Yes absolutely. That is why 40% raise is just asking for a living wage. Fast food starts around 23.00 here and boeing starts around 20.00
@@Treebeerdz why so expensive out there I didn’t think that would even be close to
@@Treebeerdz why so expensive out there I didn’t think that would even be close I mean what’s the attraction?
The CEO gets to buy whatever he wants. These workers better get serious about working and not asking for a ridiculous contract. They’re gonna see these jobs go away.
Real estate is very expensive in Seattle; a regular house in Seattle goes for more and $1M.
Agree.. 4.1 million is a big BFD... called envy
Poor timing on the part of the new CEO, but honestly.....the machinists would have found fault with whatever he does, even if he decided to live in a tent.
If CEO would have decided live in the tent, then this news report would have been a bit different. would it not? Also, none of these people said anything bad about him in the interview, but rather said, "good for him". If he moved into anything less than a mansion, that would show people his commitment to thie contract and his people. So we will see what happens..
like you would have found fault with the machinists
@@rtth465 Its easy to find fault with a pack of sloppy, lazy, overentitled price cartel members.
I’m a machinist. His home was very modest for his position. He’s the dang CEO and could’ve gotten something way nicer. I’m hopeful that he will be on our side, but maybe I’m dreaming.
Actually this is the good news. He will be near to the production line and its workers.
i dont know you guys have been putting out a bad product as of late. According to government statistics, Boeing aircraft have been involved in nearly 6,000 aviation accidents and incidents worldwide. Of those, 415 were fatal accidents, resulting in over 9,000 deaths.
How many of them are connected to the actual boeing factory and how many are aircrafts in service, where it's the airlines problem.
You don't even understand what those statistics mean
His money, he can spend how he chooses….
Clearly they're overpaid
@@lonniebeal6032 what’s overpaid actually mean ?
Sure. Why not stand in front of the factory gate and eat lobster in front of the picketers? He can certainly afford it. A man's gotta eat, right?
These Boeing employees make more money than other jobs.
Why do you think that is? Maybe because building aircraft and prepping them for certification is an important job where a lot can go wrong and peoples lives are in your hands? I wonder... Today I was looking at job listings and I saw a golf course maintenance job where the starting rate was $29-$35 an hr. I get paid $36 an hr at Boeing to prep the aircraft for certification. This guy gets paid what I get paid to mow grass.
@@78djinn Then go mow grass and stop your bitching. Nobody cares.
Almost$90K but world class whiners
@@Dog.soldier1950 I guess you can do these jobs for 90k/yr no problem? That'll put you in a nice studio apartment within driving distance of the plant, in your 10 year old Kia. Now don't forget that's after 6 years of working there. With your background, I'm sure they'd start you right with everyone else, at McDonald's wages. Why don't you apply?
They dont though. Fast food here literally makes more starting and still does for at least 3 years after that.
Hahahhahaha a 40% pay increase? This shows that the level of competence about business by the low level workers.
Lil unreasonable demand 😂 why not ask 50% or more¿ they’ll soon require to train someone as backup, just to be lay off later.
So was the 10 percent over the last 12 years a good deal for the workers or? You don’t know anything.
@@chamorro81 so you know everything , esp how much Boeing already paid them¿ watch how greedy entitlement risk losing their future careers pension security by asking unrealistic salary . Hard times & Anyone is replaceable, even a ceo . High unemployment crisis, most comp are trimming down to survive …..Soon new mechanic college graduates rookies willingly be replacements for cheaper competitive wages.
we need the middle class to move forward
thinks have to change in US
Why is this an issue? He just became Boeing's CEO. It wasn't Boeing's money he used to buy that house. He probably sold another house to help pay for this one. The timing is just coincidental. Remember he retired from another company. This is a big adi about nothing. The machinists were going to strike whether the new CEO paid $4.1 million, $410k, or even if he didn't buy a house at all.
The best way to be pro employee is to be pro company. Airbus isn't going away.
hahahahaah boeing sucks at all levels
@@Renderlesscharacter2454Remember that next time you fly .
No they have Government subsidies just like Boeing
this CEO has a "concept"of what it is to be a LEADER.
40% pay hike to survive? my company thinks a 4% pay hike is enough to survive. you are lucky to be backed up by a union.
Your company should go out of business.
@@reubenmorris487 that's not going to happen anytime soon....
@@DL-iy3lf Agreed. Greed makes them blind.
Engineers, technicians and machinist are the heart and soul of a aerospace company, not the MBA grads and accountants that are running Boeing to the ground.
Just because he got a house in the best neighborhood in the area, doesn’t mean he will live there 365 days a year.
So some of you are mad because he decided to move to Seattle and purchase a $4.1M home? This guy was a CEO for Rockwell Collins, Inc. and Collins Aerospace, has been a business person since his days as an engineer. He was already rich prior folks, smdh.
The ideal guy to understand the workers’ needs…
So what? He prepared himself to be a CEO. Good for him.
That house pictured is $4.1 million?!?!?! I suppose its a nice house but thats no way near what a $4.1 million mansion should be...
Why does it even matter how much Boeing CEO spend on buying his own house? He is using his own money? It is not like he is poor before he joins Boeing? Also $4M is nothing for a CEO running a company the size of Boeing, do you expect Boeing CEO to live in a $100k studio apartment or something? Journalist nowadays are just so sh*t.
The actions of the leader of the company reflect upon the company itself and its culture. This move was either tone deaf or abysmally timed
@@shamrock141 he is buying his own house probably using his own money. He has only been at Boeing for like what less then 2 months? How much can Boeing possible has given him (even including any potential sign on bonus?) So he is probably using his previous income to purchase a home at a place that he plans to work. I see nothing wrong with what he is doing? The issue nowadays is that people are all freaking jealous and all they know is crying for inequality, everyone seems to think that anyone who are remotely wealthy must be bad.
You do realize that he is probably a millionaire himself prior to taking on the Boeing job, this is not his first job that pay him a good enough sums of money… so I think he can probably afford that house with or without the Boeing CEO role if he decides to live in Seattle.
People need to grow up. Do people really think a CEO of a company should really just live in a tiny $100 to 200k apartment just to proof a point that he is not spending lavishly?
And then there is a question, So what if he is spending lavishly if that is using his own money? Why do people think everyone need to be at the level of the lowest common denominator in order to be the right thing to do? Should I ask all employee in Boeing to rent or buy house only the lowest paying staff in the company can afford? That’s no different than a communist country type of organization… is that what people want? It makes no sense, it just comes across as people are just taking things out of context and be angry and using irrelevant things to drive up people emotions.
US$4.1 million dollar home for a CEO of a company with hundred of billions of revenue, and one of the largest employer in the country is not unreasonable.
Only $4.1M, he can not be particulary skilled.
It's his bathroom stop house between the office and his real mansion.
@@BajatheChickenManImagine if you worked hard and got a great education. You could have been a CEO . Not just a waste of good white skin.
4mil for a CEO is extremely modest
CEO pay is out of scale with their value. circular logic.
He made $33 MILLION last year, as door and tires are falling of planes. Sounds like he needs a raise.
So what? This report is disgraceful. Stock holders hire and pay this CEO. Hilarious. Pathetic.
New dude in charge needed a place to live in his new town. He's rich, so he bought an expensive home, though that sounds almost modest for a fancy Crystal City Virginia area neighborhood. I'm sure someone was paid to find him one as soon as he was hired, and it just now closed. Big deal. Excellent work by the realtor.
Vote TRUMP ❤
The fact that people are focusing on this is why strikes fail in the first place.
The strike should be based on goals and necessities for it's workers. Not comparative CEO payouts.
You know a lot of aviation workers have trailers packed near the airfields and hangars they work at since they can afford a home within a commuting distance. A lot of others sleep in there cars between shifts and only make the long drive home on weekends. Being able to afford a home near enough the place i have to work sounds like a pritty major need to me!
@@shopdog831 Cool strawman, but I'm referring to the CEOs housing.
How are they not connected?
$4.1 million isn't out of line in the Seattle area especially for the CEO . Houses in middle class areas near me have sold for $2 million.. Not saying it's not a bad look, but it's the truth. I'm surprised he didn't spend more.
BOEING IS PAYING THE WRONG PEOPLE FOR THEIR SUCCESS .
Oh no man with money buys home
How does the price of Mr. Ortberg’s home relate to what an hourly worker should be paid? Did he not acquire his wealth legally?
Not the point. Smart guy. He complains about not having money. Then buys a 4.1m home. His salary is directly affected by the company.
@@300zxturbo your car is slow
@300zxturbo is there a figure indicating how much a 40% increase would cost the company?
@@JayAlba8 1.5bill i saw, but its still speculation.
The real problem is that all of the liberal policies.Yes Democrats ! Have driven up the cost of living in Seattle to unsustainable levels. It’s NOT the companies fault. They must build planes at reasonable cost. So Boeing must move production out of the Pacific Northwest to survive long term. The strike will hasten this process and you will strike your way out of a job, permanently. Look at Detroit and see the future now.
Be mad at the right thing. The last CEO is getting almost $100,000,000 to leave. At least this guy is moving to Seattle to be near the operations so I give him credit for that. Plus 4 million is not all that crazy for that area.
C-suite is basically a money grab at this point. Still dont understand how on earth, pay and benefits are not tied to performance for executives in companies. It should be a standard to only get paid if you hit certain milestones. No reason they should be getting a raise for driving the company into the ground.
What a boss move by that CEO.
Pay check never bounce, good benefits, retirements Vs some other companies double pay/triple pay overtime but still not enough.
CEO can only afford a $4.1M home…that’s average here in California 🤷🏼♂️
I'm in this video and my words were twisted!
Yes, he’s such a monster for needing a place to live close to work and his level of responsibility for his position pays well.
Responsibility?
CEO's are never held accountable for their crimes, such as violating FAA regulations.
@@daveymcc1421 I think it’s more than just a CEO. Lots of layers of failure happen outside of their control, like federal inspections. Can’t hold the leadership liable if a third party said it was safe. 💁🏻♂️
Nobody should support boeing! The planes are dangerous at best, their pay is depressing, and the fact the company is worried about losing THEIR money???
All CEO is over paid ..it’s time to give ur employees real wages
What do you consider a real wage???
$4.1M ... for a 4 bedroom house.
Friends paid 1.2 m for a 1750sq foot house built in 1922. Took a year of searching
Why the U$ is a mess and planes falling apart. CEOs are worthless. Replace them with AI
Why you report this? Don’t you want him to live in the area and start solving the problems at Boeing?
Because he's supposed to be a genius businessman? Perhaps rent something for 6 months to keep good optics, not rubi it in?
@@machupikachu1085 Does renting mean temporary stay and go back to the East coast?
@@deplorablechump8758 Why not? It would keep eyes off of his actions, and he can always fly back and forth - he's got connections in the airplane biz. He knows people.
@@machupikachu1085 Why someone has to stop living for you to feel good?
@@deplorablechump8758 nobody wants him dead. Calm down, Beavis.
Who would actually want to live in Seattle at this point with the political climate
The most effective weapon workers have in a capitalist society is their labor. Corporate greed has heightened the internal contractions of a capitalist society and, in effect, has created the material conditions for Unions to organize and advance the struggle for better working conditions. Keep up the struggle! You’re making history.
They killed the whistleblower after his second day of testimony.wheres that story?
What is the CEO's pay?
33million a year or about 11,000 an hour.
That's actually a cheap home in Seattle. Even a director or VP level at these tech companies in Seattle can easily afford that. He can probably afford much more than that.
This was just house he'll be using to take shits in.
He just got the job . Seems like he had money already.
average price of a Seattle home is below 1M. how is 4 times that cheap?
Yeah, I don't think an average worker will never be able to afford a house like that. Can you afford this cheap $4.1M house in gated community?
That IS NOT THE POINT!
Company on the verge of collapse. workers can't afford a living. brand reputation at an all time low. executives buy multi million dollar homes on their multi million dollar compensation package. This is exactly as intended as it is peak capitalism 😂
Yup 💯 end game capitalism
That is a big problem greedy CEO’s only one place in hell for them and it’s very very deep
Boeing this is not a good look.
Like Seattle... always taunting home prices.
Not asking for much? 40% wage increase- who the hell do they think they are?
The UAW perhaps ?
they can't afford to live but I can and make much less.... in Seattle
Before Kelly became Boeing’s new leach, there was Dave Calhoun. He is stepping down now; its time for a new boss to rip off its workers. Calhoun took a $33 million dollar bonus in 2023, That must be very difficult for him and his wife. They both probably have to find jobs now so they can put food on the table for their brats.
These Americans don’t want to work anymore
This is actually how all protest should look like....
What do you expect, it's all corporate greed.
It doesn't matter where the new CEO lives. Corporate headquarters is still in Virginia and there are factories in anti union states like South Carolina that Corporate can threaten Puget Sound workers with.
The optics of, the CEO buying a house, are bad.
At max out pay I can’t even afford a 250,000 without working a ton of OT and holidays!
So funny seeing all the naive people commenting. His neighbors will be 4-50yo tech company project managers at that price. Seattle is expensive. A 1000ft2 1920s house in ok shape and a not hood neighborhood is easily 1mil.
I'm sorry but a 40% pay raise is a little ridiculous the employees are getting a little greedy and I don't care how you try to explain it that is too much of an increase and especially how the planes have been performing over the last few years the employees definitely don't deserve that large of a raise
Millions of boeing airplane flights per day. All over the world. Where are all of the problems? All of the 737 problems were due to cuts in engineering, planning and quality that were corporates brilliant cost saving measures. Nothing to do with the machinists. You have no idea what you’re talking about. We haven’t gotten a real wage increase in over 10 years. Meanwhile minimum wage will have gone up 72 percent by the beginning of next year. Prices and inflation have exploded. Do some research before opening your mouth.
I don't care who the CEO is, if he/she can't get the work force behind them, they too will be another LOSER... A Boss can only PUSH one man at a time, A LEADER can move thousands.... I used to work there, many moons ago. I know all about laziness, bad attitudes & BS....
Even if Mr. Ortberg agrees to a better deal for the Union, what are the chances that the Board of Directors jams him up?
I noticed a sign that said, “We put our blood sweat and tears in to these airplanes”. If you would have just put the correct bolts in you might have a better reputation.
So what, he earned it.
No he stole it
The average 10-year at Boeing plant in Everett makes $55 an hour the starting wage for first-year know nothing employee is 19.98 an hour
Spot on
And you have to live at that low wage for 6 years before your wage basically doubles because Boeing knows most people can't last that long.
This is not true. To average that you’d have to work around 300 hours of OT per year. Grade 9 AMT’s which is just about the highest pay is $49 an hour. The majority of the workers at boeing are grade 4 mechanics/electricians.
@@chamorro81 I live here in Washington state I have friends who work for Boeing my sister works for Boeing and I'm telling you a journeyman at the Boeing plant in Everett at the 737 plant makes $55 an hour Google it
Boeing should hire CEO who can’t afford $4 house in Seattle? Best thing they can do is hire bad add ceo like Musk. But they want a 50 billion pay package.
He is not on strike!
That's not that expensive, for a CEO. You can buy a $4.1 mil house if you're making around $400K a year, maybe a little more cuz interest rates are high right now......also Boeing workers already have a high wage, and no reason to strike.
What a CEO does with his money shouldn’t be news as long as it’s not illegal.
Optics, my friend. Optics.
DEI raises the cost of labor.
Haters this America 🎉 he can buy whatever he wants
4 million isnt even a crazy expensive house for the ceo of a billion dollar company...median home value in Seattle area is 900k so 🤷
To be fair, the house was probably in escrow long before a strike was in the works.
4.1 million dollar house in Puget sound is a nice house but, not a mansion, just about any little house is worth 1 million dollars...very expensive to live in Washington state
4 mil is normal for a high end family home in a nice Seattle suburb, but it won't be a mansion by any stretch.