Boeing will not cancel CEO incentive award tied to 737 MAX return
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WASHINGTON (Reuters) - Boeing Co told U.S. lawmakers it will not cancel an incentive award for its new chief executive tied to the return of its grounded 737 MAX return despite criticism from Congress, according to a letter made public Tuesday.David Calhoun, who took over as Boeing chief executive last month, is receiving $1.4 million (£1.07 million) annual salary and is eligible for long-term compensation of about $26.5 million, including a $7 million bonus if he achieves several milestones,..