298:, McNerney made the decision to "establish a plant in North Charleston, S.C., attempting to bust Puget Sound unions — who were responsible for saving the much-delayed airliner. Later all Dreamliners assembly shifted there, where there have been ongoing production flaws." The National Labor Relations Board filed a complaint alleging "Boeing's decision to transfer a second production line for its new 787 Dreamliner passenger plane to South Carolina was motivated by an unlawful desire to retaliate against union workers for their past strikes in Washington and to discourage future strikes." The complaint was later withdrawn as part of a settlement.
305:, writer Bill Saporito said, "Mr. McNerney’s decision meant rushing development of the 737 Max while managing the Federal Aviation Administration so that the certification of the redesigned jet — whose engines had been physically moved forward — would not require retraining of pilots, thus saving customers time and money." This "contributed to the two fatal crashes in 2018 and 2019 that prompted the 737 Max’s grounding for nearly two years." Other articles allege that "Boeing engineers contended their power and decision-making ability often was overridden by cost-conscious executives, including McNerney, in recent decades."
1328:
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283:
149:
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In 2014, as
Chairman and CEO of Boeing, McNerney made $ 29 million in total compensation. Of the total: $ 2,004,231 was received as a salary; $ 14,400,000 was received as an annual bonus and a three-year performance bonus; $ 6,272,517 was awarded as stock (none was received in stock options); and
243:
in 1982. There, he held top executive positions including president and CEO of GE Aircraft
Engines and GE Lighting; president of GE Asia-Pacific; president and CEO of GE Electrical Distribution and Control; executive vice president of GE Capital; and president of GE Information Services. McNerney
320:
In 2009, his total compensation decreased to $ 13,705,435, which included a base salary of $ 1,930,000, a cash bonus of $ 4,500,300, stock options granted of $ 3,136,251, stock granted of $ 3,136,242, and other compensation totaling $ 1,002,642.
313:
In 2007, as CEO of Boeing, W. James McNerney Jr. made $ 12,904,478 in total compensation, which included a base salary of $ 1,800,077, a cash bonus of $ 4,266,500, options granted of $ 5,871,650, and Other $ 966,251.
264:. Former 3M employees stated that a business practice introduced by McNerney was "a creativity killer" and, in discussing the lack of innovation at 3M, that McNerney's influence had lingering effects on the company.
324:
In 2013, McNerney made $ 23.2 million in total compensation, which included a $ 1.9 million salary, $ 3.7 million stock award, $ 3.7 million stock option grant, and an annual incentive bonus of $ 12.8 million.
44:
3402:
950:
1767:
618:
267:
McNerney is currently the
President, Chairman, and CEO of United States Equestrian Team Foundation and was presented with the R. Bruce Duchossois Distinguished Trustee Award in 2024.
3442:
1174:
1494:
897:
317:
In 2008, his total compensation increased to $ 14,765,410, which included a base salary of $ 1,915,288, a cash bonus of $ 6,089,625, and options granted of $ 5,914,440.
2496:
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357:
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1825:
2300:
815:
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705:"Lofty expectations await Boeing's CEO; McNerney a boost to faded civic arena.(W. James McNerney Jr. appointed as chairman and chief executive officer)"
256:
as chairman and CEO of
General Electric. When Immelt won the three-way race, McNerney and Nardelli left GE (as was Welch's plan); McNerney was hired by
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On June 30, 2005, Boeing hired McNerney as the chairman, President, and CEO. McNerney oversaw the strategic direction of the
Chicago-based
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from June 2005 to July 2015. McNerney was also
Chairman from June 2005 until March 1, 2016. McNerney oversaw development of the
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997:"'The decisions you're making are going to end with a smoking hole in the ground': Inside the Boeing catastrophe"
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As Boeing's first CEO without a background in aviation, he made the decision to upgrade the 737 series to
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1199:"Trump is forming an economic advisory team with the CEOs of Disney, General Motors, JPMorgan, and more"
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951:"What the Boeing debacle teaches us about company culture and the tension between safety and profits"
349:
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McNerney has been a member of the Boeing board of directors since 2001. He is also a member of the
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in 2001. The From 2001 to 2005, McNerney held the position as chairman of the board and CEO of
816:
Bloomberg
Businessweek: "Former Boeing Engineers Say Relentless Cost-Cutting Sacrificed Safety"
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2005:
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208:. After graduating from Yale, he worked for a year at both British United Provident and
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2016:
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925:"Boeing Made a Change to Its Corporate Culture Decades Ago. Now It's Paying the Price"
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1995:
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1114:
792:"W. James McNerney, Jr. Honored With R. Bruce Duchossois Distinguished Trustee Award"
371:
In
December 2016, McNerney joined a business forum assembled by then president-elect
295:
17:
974:"Suicide Mission: What Boeing did to all the guys who remember how to build a plane"
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Barack Obama in conversation with James McNerney, Jr. at the 2011 APEC CEO Summit
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McNerney speaking at the
Department of State Global Business Conference in 2012
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in 1975, working in brand management. He worked as a management consultant at
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2010:
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196:, receiving a B.A. degree in 1971. While at Yale, he was a member of the
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2185:
2114:
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1960:
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765:
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Salary.com: "2014 Boeing executive compensation for W. James McNerney"
849:"Boeing isn't a bank, but it's the ultimate 'too big to fail' company"
635:
Daily Beast: "How Boeing’s Bean-Counters
Courted the 737 MAX Disaster"
282:
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1990:
1985:
744:"The Long Dry Spell at One of America's Most Innovative Companies"
281:
180:
McNerney was born in Providence, Rhode Island. He graduated from
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603:
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USA Today: "Compensation for Boeing CEO McNerney soars in 2013"
830:"Pontifications: Muilenburg's departure wouldn't go far enough"
2274:
342:
517:
478:
465:
452:
426:
375:
to provide strategic and policy advice on economic issues.
261:
257:
1111:"Boeing CEO's compensation $ 29M, including $ 14M bonuses"
619:"Muilenburg Elected Chairman of Boeing Board of Directors"
1262:
581:"Boeing Holders Vote on CEO-Chairman Split Amid 787 Woes"
1768:
List of accidents and incidents involving the Boeing 737
1225:
Flying Blind: The 737 MAX Tragedy and the Fall of Boeing
2243:
1172:
Boeing lives by big government, dies by big government
294:
instead of developing a new model. According to the
3403:
American chief executives of manufacturing companies
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78:
53:
34:
1495:Future of Flight Aviation Center & Boeing Tour
1024:The Business Council, Official website, Background
898:"Labor board drops high-profile Boeing complaint"
872:"Labor Board Tells Boeing New Factory Breaks Law"
2497:Criminal Reduction Utilising Statistical History
1059:
1057:
790:Release, Press; Odell, Skye (January 26, 2024).
352:in 2007 and 2008. He is a current member of the
1773:Maneuvering Characteristics Augmentation System
1106:
1104:
1102:
1042:2007 CEO Compensation for W. James McNerney Jr
599:"Boeing replaces CEO McNerney with Muilenburg"
358:Center for Strategic and International Studies
2259:
1819:
1278:
8:
3443:Businesspeople from Providence, Rhode Island
1019:
1017:
279:company with a focus on spending controls.
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1249:W. James McNerney, Jr. executive biography
42:
31:
382:
546:
356:Board of Trustees, is a Trustee at the
329:other compensation totaling $ 760,000.
818:; By Peter Robison ; 08 May 2019.
637:; By Clive Irving ; 09 June 2019.
466:GE Electrical Distribution and Control
228:McNerney began his business career at
3398:American chairpersons of corporations
2632:Center for The Business of Government
1763:Competition between Airbus and Boeing
870:Greenhouse, Steven (April 20, 2011).
674:"Lofty expectations await Boeing CEO"
360:and was appointed as Chairman of the
7:
3320:
1758:2013 Boeing 787 Dreamliner grounding
1313:Boeing Defense, Space & Security
726:Aviation Week & Space Technology
703:Strahler, Steven R. (July 4, 2005).
554:Adams, Marilyn (February 26, 2007).
453:GE Financial Services and GE Capital
923:Saporito, Bill (January 23, 2024).
2151:Arbora & Ausonia Joint Venture
1227:(Hardcover). New York: Doubleday.
972:Tkacik, Maureen (March 28, 2024).
828:Scott Hamilton (October 7, 2019).
556:"Straightened up and flying right"
25:
2301:PC business acquisition by Lenovo
1096:; by Gary Strauss; 14 March 2014.
742:Keilman, John (October 5, 2023).
218:Master of Business Administration
3330:
3329:
3319:
3310:
3309:
2999:Sabre airline reservation system
2845:Thomas J. Watson Research Center
2223:Procter & Gamble Philippines
2202:Procter & Gamble Co. v. OHIM
1326:
147:
27:American businessman (born 1949)
3423:American management consultants
2512:Information Management Software
1197:Bryan, Bob (December 2, 2016).
949:Fedor, Liz (February 1, 2024).
348:McNerney served as Chairman of
158:Walter James "Jim" McNerney Jr.
106:CEO, Chairman and President of
3453:Harvard Business School alumni
3448:People from Winnetka, Illinois
3265:International chess tournament
3045:Globally integrated enterprise
3035:Commercial Processing Workload
1474:Commercial Airplane Factories
650:. BusinessWeek. Archived from
1:
3458:McKinsey & Company people
3004:Scanning tunneling microscope
2218:Procter & Gamble Pakistan
1170:Carney, Timothy (2011-04-24)
847:Talton, Jon (April 7, 2023).
648:"The Hard Work In Leadership"
535:Chairman, President, and CEO
164:who was President and CEO of
3463:New Trier High School alumni
1743:Boeing–Embraer joint venture
995:Dodds, Io (April 17, 2024).
900:. Boston.com. Archived from
341:of Procter & Gamble and
160:(born August 22, 1949) is a
3438:Procter & Gamble people
2872:Canada Head Office Building
2862:Cambridge Scientific Center
2754:Science Research Associates
2522:Mainframe operating systems
1738:Boeing Technical Fellowship
1308:Boeing Commercial Airplanes
732:, 24 (June 15, 2009), p. 78
200:fraternity and excelled in
3484:
2933:Virtual Universe Community
2654:International subsidiaries
2574:Service Automation Manager
2213:Procter & Gamble Korea
362:President's Export Council
3305:
1782:Boeing machinists strike
1748:Boeing 737 MAX groundings
1373:Boeing Rotorcraft Systems
1324:
1047:January 17, 2014, at the
746:. The Wall Street Journal
457:Executive Vice President
146:
41:
2959:Automated teller machine
2913:The Great Mind Challenge
2296:Mergers and acquisitions
2233:Villarriba and Villabajo
2228:Consumption of Tide Pods
1753:Boeing 737 rudder issues
709:Crain's Chicago Business
678:Crain's Chicago Business
427:GE Mobile Communications
252:to succeed the retiring
71:Providence, Rhode Island
3433:General Electric people
2918:Linux Technology Center
1223:Robison, Peter (2021).
976:. The American Prospect
440:GE Information Services
418:Senior Project Manager
354:Northwestern University
214:Harvard Business School
3468:Yale University alumni
3243:Dynamic infrastructure
3208:Big Blue sports teams
3014:Universal Product Code
1886:William Cooper Procter
1413:United Launch Alliance
1348:Aurora Flight Sciences
1318:Boeing Global Services
1029:March 3, 2016, at the
766:"Trustees & Staff"
414:McKinsey & Company
287:
3375:Vacuum tube computers
3259:IBM and the Holocaust
3224:Common Public License
3109:Louis V. Gerstner Jr.
2892:Academy of Technology
2347:Power microprocessors
1577:Arthur D. Collins Jr.
1459:Future Combat Systems
1177:May 22, 2011, at the
1135:. Accessed 7.17.2015.
904:on September 28, 2015
285:
192:in 1967. He attended
182:New Trier High School
89:) in American Studies
18:W. James McNerney Jr.
2989:Magnetic stripe card
2938:World Community Grid
2814:Toronto Software Lab
2470:Carbon Design System
2425:Cell microprocessors
2030:Head & Shoulders
1835:Procter & Gamble
1778:Manufacturing issues
1368:Boeing Phantom Works
1152:on December 28, 2012
684:on December 10, 2012
654:on December 19, 2007
401:Procter & Gamble
350:The Business Council
230:Procter & Gamble
3253:GUIDE International
3115:Samuel J. Palmisano
2974:Electronic keypunch
2798:One Atlantic Center
2768:Weather Underground
2764:The Weather Company
1861:Norman R. Augustine
1677:Patrick M. Shanahan
1637:Kevin G. McAllister
1602:Edmund Giambastiani
1454:Connexion by Boeing
1184:Washington Examiner
1146:"Board of Trustees"
1075:on January 17, 2014
505:GE Aircraft Engines
236:from 1978 to 1982.
212:. He then attended
198:Delta Kappa Epsilon
3428:Chairmen of Boeing
3355:Personal computers
3345:Midrange computers
3335:Navigational boxes
3228:IBM Public License
3203:A Boy and His Atom
3161:Michelle J. Howard
3103:John Fellows Akers
3085:T. Vincent Learson
2792:1250 René-Lévesque
2532:Planning Analytics
2156:The Art of Shaving
1876:Lynn Morley Martin
1728:1948 Boeing strike
1692:Malcolm T. Stamper
1597:Kenneth Duberstein
1201:. Business Insider
531:The Boeing Company
522:President and CEO
509:President and CEO
470:President and CEO
339:board of directors
288:
166:The Boeing Company
162:business executive
108:The Boeing Company
92:Harvard University
3385:
3384:
3350:Operating systems
3212:American football
3181:Joseph R. Swedish
3176:Martha E. Pollack
3079:Thomas Watson Jr.
3040:Customer engineer
2964:Cynefin framework
2850:Hakozaki Facility
2809:Rome Software Lab
2777:
2776:
2606:
2605:
2559:Rational Software
2458:
2457:
2440:Personal Computer
2435:Midrange computer
2241:
2240:
1971:Crest/Blend-A-Med
1891:John F. Smith Jr.
1801:
1800:
1723:History of Boeing
1687:Harry Stonecipher
1652:Dennis Muilenburg
1617:Philip G. Johnson
1557:Robert A. Bradway
1531:William E. Boeing
1444:Boeing hydrofoils
1434:BCT Modernization
1398:McDonnell Douglas
1120:The Seattle Times
1117:; 13 March 2015.
539:
538:
155:
154:
136:Dennis Muilenburg
126:Harry Stonecipher
16:(Redirected from
3475:
3333:
3332:
3323:
3322:
3313:
3312:
3073:Thomas J. Watson
2994:Relational model
2943:Think conference
2824:330 North Wabash
2744:Microelectronics
2617:
2542:Quantum Platform
2487:Cognos Analytics
2325:
2318:
2268:
2261:
2254:
2245:
2019:
1828:
1821:
1814:
1805:
1627:Caroline Kennedy
1592:William M. Daley
1582:Philip M. Condit
1542:William M. Allen
1383:HRL Laboratories
1353:Boeing Australia
1330:
1287:
1280:
1273:
1264:
1238:
1211:
1210:
1208:
1206:
1194:
1188:
1168:
1162:
1161:
1159:
1157:
1148:. Archived from
1142:
1136:
1130:
1124:
1108:
1097:
1091:
1085:
1084:
1082:
1080:
1071:. Archived from
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1021:
1012:
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1009:
1007:
992:
986:
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756:
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751:
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719:
713:
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694:
693:
691:
689:
680:. Archived from
670:
664:
663:
661:
659:
644:
638:
632:
623:
622:
615:
609:
608:
607:. June 23, 2015.
595:
589:
588:
577:
571:
570:
568:
566:
551:
431:General Manager
383:
241:General Electric
239:McNerney joined
210:G.D. Searle, LLC
151:
67:
63:
61:
46:
32:
21:
3483:
3482:
3478:
3477:
3476:
3474:
3473:
3472:
3388:
3387:
3386:
3381:
3301:
3287:SHARE computing
3248:GlobalFoundries
3190:
3138:
3132:
3059:
3018:
3009:Financial swaps
2984:Hard disk drive
2947:
2881:
2855:Yamato Facility
2773:
2680:
2612:
2602:
2569:Tivoli Software
2454:
2408:
2307:
2277:
2272:
2242:
2237:
2161:Baltimore Plant
2139:
2015:
1917:
1910:
1906:Ernesto Zedillo
1896:Ralph Snyderman
1866:Clarence Gamble
1849:William Procter
1837:
1832:
1802:
1797:
1711:
1707:Mike Zafirovski
1702:Thornton Wilson
1519:
1463:
1449:Boeing Jetfoils
1422:
1331:
1322:
1296:
1291:
1245:
1235:
1222:
1219:
1217:Further reading
1214:
1204:
1202:
1196:
1195:
1191:
1179:Wayback Machine
1169:
1165:
1155:
1153:
1144:
1143:
1139:
1131:
1127:
1109:
1100:
1092:
1088:
1078:
1076:
1065:"Equilar – 404"
1063:
1062:
1055:
1049:Wayback Machine
1040:
1036:
1031:Wayback Machine
1022:
1015:
1005:
1003:
1001:The Independent
994:
993:
989:
979:
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3097:John R. Opel
3055:Think slogan
2896:Deep Thunder
2702:Kaleida Labs
2697:AIM alliance
2382:Q System Two
2377:Q System One
2200:
2060:Nice 'n Easy
1880:
1857:(co-founder)
1855:James Gamble
1851:(co-founder)
1733:Boeing Field
1697:Ron Williams
1672:Susan Schwab
1657:Alan Mulally
1646:
1572:Leanne Caret
1567:Dave Calhoun
1500:Boeing Store
1439:Boeing Black
1336:Subsidiaries
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3370:Typewriters
3276:Mathematica
3217:Rugby union
3156:Alex Gorsky
3123:(2012–2020)
3117:(2002–2011)
3111:(1993–2002)
3105:(1985–1993)
3099:(1981–1985)
3093:(1973–1981)
3087:(1971–1973)
3081:(1956–1971)
3075:(1914–1956)
3023:Terminology
2979:Floppy disk
2923:SkillsBuild
2886:Initiatives
2867:IBM Hursley
2841:Facilities
2492:Connections
2362:FlashSystem
2055:New Chapter
1901:Meg Whitman
1871:A.G. Lafley
1562:John Bryson
1254:Appearances
1156:January 30,
1069:equilar.com
834:Leeham News
796:HorsesDaily
722:Steady Hand
492:GE Lighting
379:Career path
250:Jeff Immelt
122:Predecessor
3392:Categories
3365:System/370
3360:System/360
3151:David Farr
3050:e-business
2952:Inventions
2901:Develothon
2782:Facilities
2642:Promontory
2637:Consulting
2191:Port Ivory
2100:Seven Seas
1612:Edgar Gott
1468:Facilities
1408:Spectrolab
953:. MinnPost
542:References
496:President
483:President
444:President
386:Job Tenure
254:Jack Welch
60:1949-08-22
3233:Deep Blue
3139:directors
2598:WebSphere
2537:PureQuery
2445:Selectric
2420:Blue Gene
2335:Mainframe
2171:Chemicals
2166:BeingGirl
2070:Old Spice
2050:Mr. Clean
1607:Lynn Good
1533:(founder)
1504:Historic
1418:Wisk Aero
1378:Boeing UK
1301:Divisions
1006:April 18,
980:April 18,
957:April 18,
934:April 18,
908:April 18,
881:April 18,
855:April 18,
801:April 28,
775:April 28,
750:April 18,
585:Bloomberg
560:USA Today
527:2005–2015
514:2000–2005
501:1997–2000
488:1995–1997
475:1993–1995
462:1991–1992
449:1989–1991
436:1988–1989
423:1982–1988
410:1978–1982
397:1975–1978
392:Position
333:Positions
277:aerospace
220:in 1975.
176:Education
142:Signature
132:Successor
117:2005–2015
79:Education
3315:Category
3282:IBM Plex
3137:Board of
3030:Big Blue
2830:Honolulu
2739:Merative
2724:EduQuest
2707:Taligent
2676:Research
2613:entities
2611:Business
2552:OpenQASM
2480:Cloudant
2450:ThinkPad
2373:Quantum
2321:Hardware
2313:Products
2208:Tyneside
2196:Pringles
2011:Gillette
1931:Ambi Pur
1632:Ed Liddy
1427:Projects
1393:Jeppesen
1343:Argon ST
1175:Archived
1079:June 24,
1045:Archived
1027:Archived
565:July 15,
234:McKinsey
202:baseball
190:Illinois
186:Winnetka
3325:Commons
3292:ScicomP
2835:Seattle
2788:Towers
2734:Lexmark
2729:Kyndryl
2671:Red Hat
2620:Current
2591:Granite
2586:Watsonx
2502:Fortran
2430:PowerPC
2357:Storage
2328:Current
2291:History
2283:History
2186:PG Tips
2144:Related
2135:more...
2115:Swiffer
2085:Pantene
2080:Pampers
2001:Febreze
1961:Charmin
1916:Current
1513:Plant 2
1508:Plant 1
1478:Everett
1205:June 1,
389:Company
301:In the
292:737 MAX
3297:Unions
2908:Fellow
2719:Cognos
2692:AdStar
2685:Former
2649:Kenexa
2627:Apptio
2581:Watson
2547:Qiskit
2413:Former
2402:Condor
2392:Osprey
2367:DS8000
2120:Tampax
2095:Secret
2075:Oral-B
1951:Bounty
1941:Aussie
1926:Always
1918:brands
1842:People
1524:People
1483:Renton
1388:Insitu
1294:Boeing
1258:C-SPAN
1231:
271:Boeing
224:Career
206:hockey
73:, U.S.
3195:Other
2666:Press
2659:India
2475:Cloud
2463:Other
2397:Heron
2387:Eagle
2340:IBM Z
2181:MDVIP
2130:Vicks
2110:Scope
2105:SK-II
2090:Puffs
2035:Ivory
2025:Gleem
1996:Fairy
1991:Dreft
1986:Downy
1966:Cheer
1956:Braun
1936:Ariel
1716:Other
1403:Narus
1113:; by
103:Title
3340:FOSS
3065:CEOs
2969:DRAM
2564:SPSS
2507:ILOG
2125:Tide
2065:Olay
2045:Luvs
2006:Gain
1976:Dawn
1946:Bold
1791:2024
1786:2008
1229:ISBN
1207:2017
1158:2014
1081:2015
1008:2024
982:2024
959:2024
936:2024
910:2024
883:2024
857:2024
803:2024
777:2024
752:2024
690:2007
660:2007
604:CNBC
567:2012
248:and
204:and
114:Term
54:Born
2275:IBM
2040:Joy
1981:Daz
1256:on
730:170
343:IBM
184:in
96:MBA
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