Business Context and Reporting Period
This Form 8-K Current Report was filed by The Boeing Company on June 21, 2022. The filing reports a corporate governance event regarding the Board of Directors.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
The material change reported is the election of a new director to the Board of Directors.
Guidance, Outlook, and Management Commentary
Director Election: On June 21, 2022, the Board elected David L. Gitlin as a director. Mr. Gitlin is the Chairman and CEO of Carrier Global Corporation. He brings extensive experience from United Technologies Corporation, including leadership roles at Collins Aerospace Systems and Pratt & Whitney programs.
Committee Assignments: Mr. Gitlin has been appointed to the Aerospace Safety Committee and the Finance Committee.
Compensation: Mr. Gitlin will participate in the Company's nonemployee director compensation program as described in the 2022 proxy statement.
Investor Verification Checklist
- Verify the effective date of David L. Gitlin's board membership and committee assignments.
- Review the attached press release (Exhibit 99.1) for additional context on the election.
- Confirm the details of the nonemployee director compensation program referenced in the 2022 proxy statement.