Boeing director Nikki Haley has quit the jet maker’s board, stating her objection to the company’s attempt to secure a federal government bailout totaling $60 billion.
Her resignation was disclosed by Boeing in a U.S. Securities and Exchange Commission filing late last week.
A copy of Haley’s resignation letter was included at the end of the 30-page filing and was made public a day after aerospace analysts criticized Boeing and its CEO David Calhoun for seeking a bailout. Leeham aerospace analyst Scott Hamilton and others called for Calhoun to cut his base pay to zero and suspend its shareholder dividends before seeking federal aid.
Haley, the former South Carolina governor and former U.S. ambassador to the United Nations, served on Boeing’s finance and audit committees. In her resignation letter, Haley said Boeing’s board and the executive team led by Calhoun “are going in a direction I cannot support.”
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