Comments on: Boeing’s million-plus consultant… http://www.footnoted.com/my-big-fat-deal/boeings-million-plus-consultant/ Morningstar's guide to what's hiding in SEC filings Fri, 10 Feb 2012 20:24:57 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Michelle Leder http://www.footnoted.com/my-big-fat-deal/boeings-million-plus-consultant/comment-page-1/#comment-12142 Michelle Leder Fri, 12 Mar 2010 12:46:23 +0000 http://www.footnoted.com/?p=4585#comment-12142 Here's the other thing that I think is interesting: if you look at <a href="http://www.sec.gov/Archives/edgar/data/12927/000119312509053455/ddef14a.htm#tx28271_30 rel="nofollow">the proxy from last year</a>, you see that Carson -- under a retirement scenario, which is what this sounds like -- would receive $5.2 million. We won't know until Boeing's current proxy comes out whether he actually got the $5.2 million (or some other number) or whether the $1.5 million consulting contract was some sort of consolation prize. Here’s the other thing that I think is interesting: if you look at the proxy from last year, you see that Carson — under a retirement scenario, which is what this sounds like — would receive $5.2 million. We won’t know until Boeing’s current proxy comes out whether he actually got the $5.2 million (or some other number) or whether the $1.5 million consulting contract was some sort of consolation prize.

]]> By: Brown Ram http://www.footnoted.com/my-big-fat-deal/boeings-million-plus-consultant/comment-page-1/#comment-12129 Brown Ram Thu, 11 Mar 2010 20:18:37 +0000 http://www.footnoted.com/?p=4585#comment-12129 The consulting services might actually be worth that much, if he continues to introduce and massage the various relationships that he had with airplane purchasers. One other possibility is that they're basically paying him for a non-compete.... The consulting services might actually be worth that much, if he continues to introduce and massage the various relationships that he had with airplane purchasers.

One other possibility is that they’re basically paying him for a non-compete….

]]> By: Michelle Leder http://www.footnoted.com/my-big-fat-deal/boeings-million-plus-consultant/comment-page-1/#comment-12126 Michelle Leder Thu, 11 Mar 2010 13:22:52 +0000 http://www.footnoted.com/?p=4585#comment-12126 @ b: Certainly not $1.5 million in severance -- that's for sure! @ b: Certainly not $1.5 million in severance — that’s for sure!

]]> By: b http://www.footnoted.com/my-big-fat-deal/boeings-million-plus-consultant/comment-page-1/#comment-12125 b Thu, 11 Mar 2010 13:21:08 +0000 http://www.footnoted.com/?p=4585#comment-12125 Obviously you have never received severance from a large company Obviously you have never received severance from a large company

]]> By: Michelle Leder http://www.footnoted.com/my-big-fat-deal/boeings-million-plus-consultant/comment-page-1/#comment-12124 Michelle Leder Thu, 11 Mar 2010 13:18:21 +0000 http://www.footnoted.com/?p=4585#comment-12124 @b: That's fine, but why not call it that from the start or note it in the press release instead of waiting six months to let Boeing shareholders know? @b: That’s fine, but why not call it that from the start or note it in the press release instead of waiting six months to let Boeing shareholders know?

]]> By: b http://www.footnoted.com/my-big-fat-deal/boeings-million-plus-consultant/comment-page-1/#comment-12123 b Thu, 11 Mar 2010 13:15:46 +0000 http://www.footnoted.com/?p=4585#comment-12123 What's the big deal? Recognize this for what it is - - simply part of his severance package. What’s the big deal? Recognize this for what it is – - simply part of his severance package.

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