W. James McNerney, Jr. is known for his leadership in big companies like Boeing and 3M, where he served as CEO. He took charge of Boeing on July 1, 2005, focusing on strong performance pay, which meant that most of...

Number of Employees

171K

Year

2015

Total Compensation

$5.16M

Salary

$1.72M

Board Justification

The compensation program is designed to attract and retain superior leaders, reward performance, and align executives’ interests with the long-term interests of shareholders. Approximately 89% of the CEO's target compensation was variable and tied to performance.

Bonus

$2.86M

Board Justification

Annual incentive compensation based on Company, business unit, and individual performance.

Other

$586.22K

Board Justification

Includes perquisites and other personal benefits, life insurance premiums, and company contributions to retirement plans.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock vested in 2015 as the focus is on cash compensation and performance awards.

Performance Metrics

The performance metrics include economic profit and total shareholder return compared to a peer group.

SEC Filing

From March 18, 2016