Dennis Muilenburg, the former CEO of Boeing, has an estimated net worth of $100 million. He was the CEO of Boeing from 2015 to 2019, where his tenure ended following two fatal crashes involving Boeing’s 737 MAX aircraft. Here’s an overview of his career and personal life:
Career and Financial Details
- Net Worth: $100 million
- Annual Salary: $15 million
Boeing Tenure
- Positions Held:
- CEO (2015-2019)
- Chairman of the Board
- President of Boeing Defense, Space & Security
- Stock and Pension:
- 130,000 shares with a market value of $40 million at departure.
- Received over $62 million in stock and pension benefits upon leaving Boeing.
Key Events
- 737 MAX Crashes:
- Two crashes involving the 737 MAX model resulted in the grounding of all aircraft of that type.
- After widespread criticism and scrutiny, Muilenburg was terminated in late 2019.
- His exit package was worth over $80 million.
Education
- Bachelor’s Degree: Aerospace Engineering, Iowa State University
- Master’s Degree: Aeronautics and Astronautics, University of Washington
Other Board Memberships
- Aerospace Industries Association
- Caterpillar Inc.
- Northwestern University
- Washington University in St. Louis
- US-China Business Council
- National WWII Museum Trustee
Personal Life
- Wife: Rebecca Muilenburg
- Children: Two
Dennis Muilenburg’s career at Boeing was marked by significant challenges, ultimately leading to his departure amid the fallout from the 737 MAX incidents. Despite this, he remains influential in the business world through various board memberships and continues to be a prominent figure in the aerospace industry. Dennis Muilenburg Net Worth
