---
schema_version: "secwatch.filing_event.v1"
accession: "0000012927-25-000050"
form_type: "8-K"
ticker: "BA"
cik: "0000012927"
company_name: "BOEING CO"
filed_at: "2025-07-03T23:59:59+00:00"
generated_at: "2026-05-18T09:25:19.532475+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Boeing appoints Jay Malave as CFO effective Aug. 15; Brian West becomes senior advisor

## Summary
- Jesus "Jay" Malave, former Lockheed Martin CFO, elected Boeing EVP and CFO effective Aug. 15, 2025.
- Brian West transitions to senior advisor to CEO Kelly Ortberg after four years as CFO.
- Malave gets $1.05M base salary, 120% target bonus, and $6.5M long-term incentive starting 2026.
- To offset forfeited Lockheed equity, Malave receives $1.5M cash, $5M RSUs, $4.5M options; plus $7M cash for vested shares subject to two-year clawback.
- Due to Lockheed ties, Malave barred from Boeing Defense until end 2025; Boeing pays Lockheed $2M for release of claims.

## SEC filing metadata
- accession: 0000012927-25-000050
- form_type: 8-K
- ticker: BA
- cik: 0000012927
- company_name: BOEING CO
- filed_at: 2025-07-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/12927/000001292725000050/0000012927-25-000050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/12927/000001292725000050/ba-20250627.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000012927-25-000050
- JSON: https://secwatch.observer/filing/0000012927-25-000050.json
- Plain text: https://secwatch.observer/filing/0000012927-25-000050.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.