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Boeing

The Boeing Board Member Who Quit Rather Than Support a Bailout

The Boeing Board Member Who Quit Rather Than Support a Bailout
Kaelin Dodge

Amid talks of a Boeing bailout, the well-known board member steps down.

Former UN ambassador and ex-South Carolina governor Nikki Haley announced that she will be stepping down as a board member at Boeing. Her statement came shortly after Boeing’s request for $60 billion from the US government.

Boeing, which is suffering financially as a result of reduced travel caused by the coronavirus, is seeking government aid to help them get through this stagnant period for their company. While a bailout package has been put together, it is not clear whether or not Boeing will take the funds (and agree to the stipulations attached to them.

Haley has been vocal in her opinion that it is wrong for a company of Boeing’s size to ask for money while millions of Americans and small businesses suffer.

 

View Comments (12)

12 Comments

  1. hedoman

    March 30, 2020 at 3:38 pm

    Our next president.

  2. toadman

    March 30, 2020 at 8:36 pm

    Another unethical, corrupt politician.

  3. dtwlarry

    March 31, 2020 at 5:23 am

    Sooooo, Nikki never paid out incentives to companies to locate in SC? Nor did her predecessors? How did Boeing end up there in the first place? (Hint: Abatements and incentives totalling $750M – $1B over a couple decades. So claw those back, Nikki!)
    This was just posturing to get herself into a newsclip and for future reference only. Nothing more than a cheap political stunt.

  4. jjmoore

    March 31, 2020 at 5:48 am

    @hedoman I hope so!!

  5. strickerj

    March 31, 2020 at 6:22 am

    Boeing was already on shaky ground over the 737 MAX issues. Now, those of you who have read my comments know I think Boeing’s contribution to the crashes was blown out of proportion and they were unfairly thrown under the bus, but that doesn’t change the fact that their current financial woes can’t all be attributed to the Coronavirus.

  6. UncleDude

    March 31, 2020 at 7:09 am

    She’s bailed on Boeing as they have no $$$ to continue to pay her as a Lobbyist any more.

  7. Pi7473000

    April 1, 2020 at 6:24 am

    Good! Small business deserves much more than a failed company like Boeing. It is gross we reward companies deemed “too big to fail,” but neglect the working class and poor. We need to stop subsidizing the rich in this country. The money and bailouts should go to small business, the poor, and the working class only.

  8. flyingtall

    April 1, 2020 at 8:44 am

    Agree with @dtwlarry. Posturing is totally disingenuous, trying to get PR and cover up recent activity and lack of principle while asscociated with Boeing; happy to take Boeing’s fees during recent pathetic admin performance of Boeing, happy to lobby for them with other politicos taking Boeing’s money. Just one more person into politics for personal gain by helping other crooks ripping off govt and people. as opposed to public service.

  9. jamflyer

    April 4, 2020 at 11:28 am

    whats her background that makes her qualified to sit on the board on Boeing. Asking for a few hypocrites.

  10. Dalo

    April 8, 2020 at 7:19 am

    A curious coincidence? A few days after I voted against retaining Nikki Haley on the board she announces she’s resigning. I wonder what the results of the share holder votes will be when they are all counted Am I the only one who hurt her feelings?

  11. RUAMKZ

    April 12, 2020 at 10:40 am

    Corona may have intensified Boeing’s problems……but it definitely wasn’t the cause.

  12. Oscarwildetime

    April 23, 2020 at 9:34 am

    Nikki Haley, a Paragon of Virtue? No, just a political stunt at a time when her role at Boeing was under review anyway. No different to the others.

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