Boeing CEO Dennis Muilenburg testifies before a Senate committee last week on the 737 Max plane crashes. A lawmaker asked him if he was taking a cut in pay, prompting the CEO to give up his bonuses.
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Boeing Company President and Chief Executive Officer Dennis Muilenburg, right, and Boeing Commercial Airplanes Vice President and Chief Engineer John Hamilton faced intense questioning about what the company knew and when.
All Boeing 737 Max aircraft are grounded while the manufacturer fixes a deadly defect in their flight control system. These Southwest Airlines planes were parked in Victorville, Calif., in March.
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Boeing CEO Dennis Muilenburg in New York earlier this month. The Boeing board has voted to take away his job as chairman so he can focus on fixing 737 Max jets which are all grounded after two fatal crashes.
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Analysts say Boeing CEO Dennis Muilenburg and the company were slow to take responsibility in the crashes of two 737 Max planes within months of each other.
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