Boeing Executive Compensation (FY25)

Name: Boeing (BA) executive compensation
Creator: Velarion
License: https://intel.velarion.ai/terms

BA · Executive and director compensation, fiscal 2022 to 2025

Chief executive, fiscal 2025

◇

Robert Ortberg

Median of the other named officers

$8,747,949

5 officers, excluding the chief executive

Latest say-on-pay support

April 17, 2026

Chief executive pay ratio

◇

To the median employee

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Data as of October 22, 2026Latest filing (8-K): April 17, 2026

12 filings cited on this page

Method: intel.velarion.ai/methodology

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327 figures on this page: 319 cited to the filing that reported them, 8 calculated from figures it prints. See the citations

Frequently asked questions

Answers drawn from the data on this page.

Who is Boeing's chief executive and what were they paid?

Robert Ortberg was paid $23,581,389 in total compensation as President and Chief Executive Officer for fiscal 2025. Ortberg's total was 28.2% higher than the $18,388,629 reported for fiscal 2024.

What was Boeing's say-on-pay result?

The say-on-pay proposal drew 88.7% of votes cast including abstentions in favor at the meeting held April 17, 2026 for fiscal 2025.

Which companies are in Boeing's peer group?

The disclosed peer group includes 3M, AT&T, Caterpillar, Chevron and Cisco Systems, among others.

What is Boeing's chief executive pay ratio?

The disclosed chief executive pay ratio for fiscal 2025 is 166:1, against median employee compensation of $141,933.

Executive compensation

Every element reported for each named executive officer, by fiscal year.

Fiscal 2022

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
David L. Calhoun Former President and Chief Executive Officer	◇	—	◇	◇	◇	—	◇	◇
Stanley Deal Executive Vice President, President and Chief Executive Officer, Commercial Airplanes Executive Vice President, President and Chief Executive Officer, Commercial Airplanes	◇	—	◇	◇	◇	—	◇	◇
Brian J. West Executive Vice President and Chief Financial Officer	◇	—	◇	◇	◇	—	◇	◇
Leanne Caret Former Executive Vice President, President and Chief Executive Officer, Defense, Space & Security Former Executive Vice President, President and Chief Executive Officer, Defense, Space & Security Departed during or after this year	◇	—	◇	◇	◇	—	◇	◇
Theodore Colbert Executive Vice President, President and Chief Executive Officer, Defense, Space & Security	◇	—	◇	◇	◇	—	◇	◇
Brett Gerry Executive Vice President, Global Compliance and Chief Legal Officer	◇	—	◇	◇	◇	—	◇	◇

Fiscal 2023

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
David L. Calhoun Former President and Chief Executive Officer	◇	—	◇	—	—	—	◇	◇
Stanley Deal EVP; President & CEO, Commercial Airplanes	◇	—	◇	—	◇	◇	◇	◇
Brian J. West Executive Vice President and Chief Financial Officer	◇	—	◇	—	◇	—	◇	◇
Stephanie Pope Executive Vice President and Chief Operating Officer	◇	—	◇	—	◇	◇	◇	◇
Theodore Colbert Former President and CEO, Boeing Defense, Space & Security	◇	—	◇	—	◇	—	◇	◇

Fiscal 2024

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Robert K. Ortberg President and Chief Executive Officer	◇	◇	◇	◇	—	—	◇	◇
David L. Calhoun Former President and Chief Executive Officer Departed during or after this year	◇	—	◇	—	—	—	◇	◇
Stephanie Pope Executive Vice President and Chief Operating Officer	◇	—	◇	—	◇	—	◇	◇
Brian J. West Executive Vice President and Chief Financial Officer	◇	—	◇	—	◇	—	◇	◇
Theodore Colbert Former President and CEO, Boeing Defense, Space & Security Departed during or after this year	◇	—	◇	—	—	—	◇	◇
Brett Gerry Chief Legal Officer and Executive Vice President, Global Compliance	◇	—	◇	—	◇	—	◇	◇

Fiscal 2025

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Robert Ortberg President and Chief Executive Officer	◇	—	◇	◇	◇	—	◇	◇
Jesus Malave Executive Vice President and Chief Financial Officer	◇	◇	◇	◇	◇	—	◇	◇
Stephanie Pope Executive Vice President; President and Chief Executive Officer, Boeing Commercial Airplanes	◇	—	◇	◇	◇	◇	◇	◇
Brian West Former Executive Vice President and Chief Financial Officer Departed during or after this year	◇	—	◇	◇	◇	—	◇	◇
Brett Gerry Chief Legal Officer and Executive Vice President, Global Compliance	◇	—	◇	◇	◇	◇	◇	◇
Jeffrey Shockey Executive Vice President of Government Operations, Global Public Policy and Corporate Strategy	◇	—	◇	◇	◇	—	◇	◇

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.

Fiscal 2025

Officer	Award	Grant date	Threshold units	Target units	Units granted	Maximum units	Exercise price	Grant date fair value
Brett Gerry	RSU	◇	—	—	◇	—	—	◇
Brett Gerry	OPTION	◇	—	—	◇	—	◇	◇
Brian West	RSU	◇	—	—	◇	—	—	◇
Brian West	OPTION	◇	—	—	◇	—	◇	◇
Jeffrey Shockey	RSU	◇	—	—	◇	—	—	◇
Jeffrey Shockey	RSU	◇	—	—	◇	—	—	◇
Jeffrey Shockey	OPTION	◇	—	—	◇	—	◇	◇
Jesus Malave	RSU	◇	—	—	◇	—	—	◇
Jesus Malave	OPTION	◇	—	—	◇	—	◇	◇
Robert Ortberg	OPTION	◇	—	—	◇	—	◇	◇
Robert Ortberg	RSU	◇	—	—	◇	—	—	◇
Stephanie Pope	OPTION	◇	—	—	◇	—	◇	◇
Stephanie Pope	RSU	◇	—	—	◇	—	—	◇

Fiscal 2022, 2023, 2024 are included in the PDF.

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.

As disclosed at fiscal 2025 year end

Officer	Award	Unvested units	Market value of unvested units	Exercise price	Expires
Robert Ortberg	Option	◇	—	◇	2/19/2035
	RSU	◇	◇	—	—
	Option	◇	—	◇	8/8/2034
	RSU	◇	◇	—	—
Brett Gerry	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	Option	◇	—	◇	2/19/2035
Stephanie Pope	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	Option	◇	—	◇	2/19/2035
Jeffrey Shockey	RSU	◇	◇	—	—
	Option	◇	—	◇	2/24/2035
Brian West	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	PSU	◇	◇	—	—
	Option	◇	—	◇	2/19/2035
Jesus Malave	Option	◇	—	◇	8/15/2035
	RSU	◇	◇	—	—

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.

Brett Gerry

Chief Legal Officer and Executive Vice President, Global Compliance · Terms as described in the company’s compensation discussion · citing a 2026 filing

Severance cash amount	◇
Change-in-control trigger	◇
Equity acceleration on change in control	◇
Excise tax treatment	◇

Jeffrey Shockey

Executive Vice President of Government Operations, Global Public Policy and Corporate Strategy · Terms as described in the company’s compensation discussion · citing a 2026 filing

Change-in-control trigger	◇
Equity acceleration on change in control	◇
Excise tax treatment	◇

Robert Ortberg

Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing

Change-in-control trigger	◇
Equity acceleration on change in control	◇
Excise tax treatment	◇

Stephanie Pope

Executive Vice President; President and Chief Executive Officer, Boeing Commercial Airplanes · Terms as described in the company’s compensation discussion · citing a 2026 filing

Severance cash amount	◇
Change-in-control trigger	◇
Equity acceleration on change in control	◇
Excise tax treatment	◇

Director compensation

What each non-employee director was paid.

Fiscal 2025

Director	Fees earned in cash	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Steven M. Mollenkopf Board chair	◇	◇	—	—	—	◇	◇
David L. Joyce	◇	◇	—	—	—	◇	◇
Lynne M. Doughtie	◇	◇	—	—	—	◇	◇
Akhil Johri	◇	◇	—	—	—	◇	◇
Lynn J. Good	◇	◇	—	—	—	◇	◇
Robert A. Bradway	◇	◇	—	—	—	◇	◇
John M. Richardson	◇	◇	—	—	—	◇	◇
David L. Gitlin	◇	◇	—	—	—	◇	◇
Stayce D. Harris	◇	◇	—	—	—	◇	◇
Mortimer J. Buckley	◇	◇	—	—	—	—	◇
Sabrina Soussan	◇	◇	—	—	—	—	◇
Bradley D. Tilden	◇	—	—	—	—	◇	◇

Robert K. Ortberg served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.

Earlier years are included in the PDF.

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.

Board cash retainer	◇
Board equity retainer	◇
Total board retainer	◇
Board chair premium	◇
Audit committee chair	◇
Compensation committee chair	◇

Equity is delivered as Retainer Stock Units.

Stock ownership guideline: 3x cash retainer (>3 yrs service); 5x cash retainer (>6 yrs service)

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Fiscal 2025

3M MMM
AT&T T
Caterpillar CAT
Chevron CVX
Cisco Systems CSCO
ExxonMobil XOM
Ford F
General Dynamics GD
Honeywell HON
IBM IBM
Intel INTC
Johnson & Johnson JNJ
Lockheed Martin LMT
Microsoft MSFT
Northrop Grumman NOC
Procter & Gamble PG
RTX RTX
United Parcel Service UPS
Verizon Communications VZ

Say-on-pay history

Shareholder support for the compensation program, by year.

Year	Meeting	Support	Votes for	Votes against	Abstentions
2025	April 17, 2026	=	◇	◇	◇
2024	April 24, 2025	=	◇	◇	◇
2023	May 17, 2024	=	◇	◇	◇
2022	April 18, 2023	=	◇	◇	◇
2021	April 29, 2022	=	◇	◇	◇
2020	April 20, 2021	=	◇	◇	◇
2019	April 27, 2020	=	◇	◇	◇
2018	April 29, 2019	=	◇	◇	◇

Chief executive pay ratio

As calculated and reported by the company.

Ratio

◇

Median employee compensation

◇

Chief executive total compensation

◇

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- Robert Ortberg (President and Chief Executive Officer), FY2025 total compensation $23,581,389 (base salary $1,500,000) [exec_comp, SEC accession 0001193125-26-096787, filed 2026-03-06]

What this page does not include

Everything above is a fact Boeing disclosed, and it is free. Everything below is our analysis of those facts, and it is not.

Peer benchmarking

Where Boeing sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.

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Written compensation analysis

A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.

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Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.

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Realizable pay

What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.

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Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.

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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.

327 figures on this page: 319 cited to the filing that reported them, 8 calculated from figures it prints.

319 cited to the filing

8 calculated from the filing

Documents cited

8-K, filed April 17, 2026
0001628280-26-025684
Item 5.07. Submission of Matters to a Vote of Security Holders.
DEF 14A, filed March 6, 2026
0001193125-26-096787
2025 Director Compensation Table · 2025 Grants of Plan-Based Awards · Compensation Discussion and Analysis · Components of Director Compensation · and 3 more sections
8-K, filed April 24, 2025
0000012927-25-000034
Item 5.07. Submission of Matters to a Vote of Security Holders.
DEF 14A, filed March 7, 2025
0001193125-25-049921
Summary Compensation Table
8-K, filed May 17, 2024
0000012927-24-000035
Item 5.07 Submission of Matters to a Vote of Security Holders
DEF 14A, filed April 5, 2024
0001193125-24-088568
Summary Compensation Table
8-K, filed April 19, 2023
0000012927-23-000019
Item 5.07 Submission of Matters to a Vote of Security Holders
DEF 14A, filed March 3, 2023
0001193125-23-059893
Summary Compensation Table
8-K, filed April 29, 2022
0000012927-22-000025
8-K, filed April 20, 2021
0000012927-21-000029
8-K, filed April 27, 2020
0000012927-20-000039
8-K, filed April 29, 2019
0000012927-19-000035
Item 5.07 Submission of Matters to a Vote of Security Holders

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Velarion, “Boeing executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/BA (accessed 2026).

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12 filings cited on this page

Method: intel.velarion.ai/methodology

A report that fails to generate is refunded in full

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Peers Boeing discloses

The companies named in BA's own disclosed peer group.

3M AT&T Caterpillar Chevron Cisco Systems ExxonMobil Ford General Dynamics Honeywell IBM Intel Johnson & Johnson Lockheed Martin Microsoft Northrop Grumman Procter & Gamble RTX United Parcel Service Verizon Communications

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Say-on-Pay Vote CEO Pay Ratio Median Employee Compensation All companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data

APA

Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854

BibTeX

@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}

More on Boeing

Frequently asked questions

Executive compensation

Equity awards granted

Outstanding awards

Severance and change in control

Director compensation

Director fee schedule

Disclosed peer group

Say-on-pay history

Chief executive pay ratio

Velarion Pro: every company page, peer tools and exports, one seat

What this page does not include

Citations

Documents cited

The paid brief for Boeing

Peers Boeing discloses

Terms on this page