Boeing CEO McNerney got $29M compensation last year

CEO Jim McNerney’s total compensation last year jumped 24% Y/Y to nearly $28.9M, including more than $14M in bonuses, according to an SEC filing. Boeing says it exceeded the internal financial targets used to set executive incentives, even though its share price fell nearly 5% last year. The bulk of McNerney’s increased compensation was in the form of a higher pension value, with stock and option awards broadly flat compared with 2013. Separately, Lockheed Martin (NYSE:LMT) discloses that CEO Marillyn Hewson’s total compensation rose 34% to $33.7M following her second year in charge of the company.