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Spirit AeroSystems (NYSE:SPR) CEO Patrick Shanahan will obtain a $28.5B payout after the corporate completes its merger with Boeing, Reuters reported Monday, citing an SEC submitting.
Shanahan will obtain a $2.3M money fee and transformed Spirit AeroSystems (SPR) restricted inventory models price greater than $26M as a part of a “golden parachute” bundle.
Boeing agreed in July to purchase again Spirit AeroSystems (SPR) for $4.7B in inventory, and Airbus moved to tackle the provider’s loss-making Europe-focused actions.
Shanahan had been seen as a frontrunner to take excessive job at Boeing, which is now headed by former aerospace govt Kelly Ortberg.
Extra on Spirit AeroSystems
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