This archive report was first published on 30 October 2019.
On October 29, 2019, Boeing CEO Dennis Muilenburg faced a second day of congressional hearings into the 737 MAX crisis, which has left 346 people dead.
Lawmakers pressed Muilenburg on the company's handling of the crisis, with some calling for his resignation.
"We are deeply, deeply sorry," Muilenburg said, apologizing for the accidents.
However, lawmakers were critical of Muilenburg's response, with House Transportation Committee Chairman Peter DeFazio saying, "You say you are being accountable. I'm sorry, I'm just not buying that."
Pay Cut? ¶
Lawmakers also questioned Muilenburg about his compensation package, which was $23.4 million in 2018.
"Why are you not giving up any money?" demanded Representative Steve Cohen.
Muilenburg said his pay was set by the board of directors, but later said he expected his 2019 bonus to be "zero" based on the company's performance.
Earlier this month, Boeing ousted commercial plane chief Kevin McAllister, and Muilenburg was stripped of his title as chairman.
Despite calls for his resignation, Muilenburg said he felt responsible to see the crisis through and help the company return the MAX to service.
