Pension Fund Challenge: New York State Moves to Oust Boeing Executives Over Safety Blunders
Albany, New York – The state of New York is taking action to remove three top executives from Boeing and block pay raises in response to a series of company disasters. State Comptroller Tom DiNapoli, who oversees the pension fund, has announced plans to vote against proposals that would reward Boeing executives despite safety concerns related to the 737 Max 9 aircraft. DiNapoli criticized Boeing’s directors for their failure to properly oversee the company’s strategy, …