secwatch.observer — SEC 8-K summary
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Issuer:     BOEING CO (BA)
CIK:        0000012927
Form:       8-K
Filed at:   2025-07-03T23:59:59+00:00
Accession:  0000012927-25-000050
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/12927/000001292725000050/0000012927-25-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/12927/000001292725000050/ba-20250627.htm
  HTML page:      https://secwatch.observer/filing/0000012927-25-000050

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