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Gregory D. Smith had a strong career at Boeing, where he took on important roles, including Chief Financial Officer and Executive Vice President. Under his leadership, he focused on aligning executive pay with what helps shareholders the most, like free...

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Gregory D. Smith

Ex-CEO of Boeing

Education

DePaul University

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Industrials

Born

August 1, 1966 - 58 years ago

CEO of Boeing for

0 years 0 months (Dec 2019 - Jan 2020)

Previous Experience

CFO and EVP of Boeing

Holdings

See how much did Gregory D. Smith make over time.

Gregory D. Smith’s holdings reflect his keen insight into the stock market, especially in tech. By early 2021, he owned over 165,000 shares of Intel, a significant investment that peaked at about $8.7 million at the start of 2020. This...

Total Stock Sold

$28.53M

BA

$28.53M

107,184 BA shares

What if they kept their stock?

If Gregory D. Smith didn't sell their stock, today they would have:
Extra BA107,184 shares worth $13.06M.
This is -54.22% and $15.47M less than what they got when they sold the stock.

Charitable Transactions

BA

1,000 shares

BA

Recent Charitable Transactions

BA

1,000 shares

BA

Feb 24, 2017

Charity

Insider Trading

See recent insider trades of Gregory D. Smith.

INTC

$500.65K

INTC at $47.96/share

Oct 28, 2021

Purchase

BA

11,590 shares

BA

Feb 17, 2021

Received

BA

4,021 shares

BA

Feb 24, 2020

Received

BA

9,041.01 shares

BA

Feb 23, 2020

Received

BA

2,838 shares

BA

Feb 25, 2019

Received

BA

9,034.84 shares

BA

Feb 22, 2019

Received

BA

$7.83M

BA at $401.38/share

Feb 8, 2019

Sale

BA

12,708.5 shares

BA

Feb 26, 2018

Received

BA

$12.17M

BA at $337.27/share

Feb 8, 2018

Sale

BA

$4.85M

BA at $245.50/share

Jul 31, 2017

Sale

Compensation History

See how much did Gregory D. Smith make over time.

In 2020, Gregory D. Smith earned a total compensation of $5.2 million, with most coming from vested stock. His salary was $1.15 million, but he chose to forgo bonuses to align with company performance metrics. That year, he had 14,655 shares of RSUs vesting that were valued at approximately $4.6 million, which reflects how his performance was tied to Boeing's financial success. Smith's strategy included significant variable pay based on free cash flow, revenue, and earnings per share, emphasizing that executive pay should reflect company health. Before 2020, his compensation in 2019 was around $4.5 million, showcasing a steady climb while contending with tough market conditions.

Year

2020

Total Compensation

$6.00M

Salary

$1.15M

Board Justification

The compensation philosophy emphasizes pay for performance, aligning executive compensation with the long-term interests of shareholders, and includes significant variable pay that is contingent on performance metrics.

Bonus

$0.00

Board Justification

No annual incentive payout for 2020 due to the CEO's commitment to forego all pay for the remainder of the year.

Other

$206.03K

Board Justification

Includes perquisites such as use of Company aircraft, life insurance premiums, and contributions to retirement plans.

Restricted Stock

$4.64M(14.66K RSU)

Board Justification

14,655 shares of RSUs vested in 2020, calculated based on the average of the high and low prices on the date of vesting.

Performance Metrics

Performance metrics for 2020 included free cash flow, core EPS, and revenue, with a focus on managing liquidity and overall financial health.