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...
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 his earnings as CEO were tied to how well the company did. This made him one of those leaders who really cared about aligning the interests of his team and shareholders. In 2014, he made about $28.5 million total, huge for a CEO, mostly from stock that paid off big time. By 2015, he turned to more cash incentives, making around $19.9 million, but without the stock grants that were a big part of his pay before. Interestingly, he also had a serious stake in Procter & Gamble, worth around $15.1 million as of September 2024. He stepped down as Boeing's chairman in 2016, marking a big change in the company’s leadership. His strategies and decisions have left a mark on the way these companies operate, emphasizing long-term growth and careful management over time.