A Yale-educated senator just dismantled Boeing's CEO in under 90 seconds using nothing but math.
Senator Josh - "What is it that you get paid currently?"
Dave - "That's well disclosed in our proxy documents."
Senator Josh - "Well, let me help you out. It's $32.8 million this year. Sound right?"
Dave - "Yes, it does."
Senator Josh - "That's a 45% increase over last year. Sound right?"
Dave - "Yes, it does."
Senator Josh - "You've got 32,000 machinists in the Pacific Northwest. They got 1% wage increases over 8 years. You got 45% just last year. Do you think maybe these folks deserve a raise?"
Dave - "They will definitely get a raise."
Then came the verdict.
"I've listened to your testimony. The gist seems to be that if you could just get your employees to comply, things would be better. I don't think the problem is with the employees. I think the problem is with you. It's the C-suite. It's the management. Your engineers are probably the best in the world. Your machinists are outstanding. You're the problem."
"I just hope to God that you don't destroy this company before it can be saved."
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