Boeing Co said on Thursday that incoming CFO Jesus "Jay" Malave would receive $1.05 million as an annual base salary and he would be eligible for annual and long-term incentive awards with target values of $1.

Malave will lead Boeing’s finance organization, as well as strategy, business planning, and global real estate, and will serve on the company’s executive council. He was most

He replaces Brian West, who has served as Boeing's CFO since 2021. West will remain with the company in an advisory capacity to support the leadership transition. Boeing shares we