Boeing CEO David Calhoun defended the company’s safety record during a contentious Senate hearing Tuesday, while lawmakers accused him of placing profits over safety, failing to protect whistleblowers, and even getting paid too much.
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00:00What is it that you get paid currently?
00:03Senator, that's well disclosed in our proxy documents,
00:08in each of the years that I've been employed.
00:09Yeah, but what is it?
00:11It's a big number, sir.
00:13Well, let me help you out.
00:14It's $32.8 million this year.
00:15Does that sound right?
00:17Yes, it does.
00:18That's a 45% increase over last year.
00:20Does that sound right?
00:22Yes, it does.
00:23What is it you get paid to do exactly?
00:26I get paid to run the Boeing company.
00:28I want to hear from you, because what I hear from you is a lot of this team does that,
00:31and that team does that, and I listen to the whistleblowers, but I don't meet with them.
00:34And I've heard about all this stuff that you, Congress, have meddlesomely asked for
00:39because the public wants to see it.
00:41Gosh darn it, but you actually haven't supervised any of it.
00:43I've heard that.
00:44It's a lot of it's this, it's that, it's this, it's that.
00:46But meanwhile, you're getting paid a heck of a lot of money.
00:49It's unbelievable.
00:50If anybody's coming out of this deal, good.
00:52It's you.
00:53Why haven't you resigned?
00:54Senator, I'm sticking this through.
00:56I'm proud of having taken the job.
00:58I'm proud of our safety record, and I am very proud of our Boeing people.
01:03You're proud of this safety record?
01:05I am proud of every action we have taken.
01:07Every action you've taken?
01:08Yes, sir.
01:09Wow.