That outlook shifted dramatically this week after the crash of an Ethiopian Airlines jet that killed 157 people — the second tragedy involving the Max model in five months.
The planes were grounded worldwide amid safety questions, and deliveries were halted by Boeing, which has about 5,000 orders for the jet.
Shares of Boeing tumbled 10 per cent this week, wiping out $US24.6 billion of market value.
Muilenburg’s increase largely came from a $US13.1 million payout from two bonus plans. One was pegged to targets for free cash flow, per-share earnings and revenue that were all exceeded.