Times are supposedly tough over at Salesforce as the company executes a plan to layoff 8,000 employees, but a new report details an expense its signed off on that seems like a luxury. The business software company is paying Oscar winner Matthew McConaughey more $10 million a year to be a creative adviser and TV pitchman, according to a report from The Wall Street Journal. McConaughey, who is being paid through a combination of cash and equity, was brought to the company by friend and CEO Marc Benioff, according to the report. Read More...
Reuters
Boeing names new chief engineer
Boeing Co has named a new chief engineer, promoting the engineering lead at its commercial planes unit to oversee engineering and technology development efforts across the company, the U.S. aerospace giant announced on Wednesday. Howard McKenzie, the top engineer at Boeing’s commercial airplanes unit, replaces Greg Hyslop, who assumed the role of chief engineer in 2019 and will retire in June, the company said. David Loffing, 777X chief program engineer, takes over as vice president and chief engineer of Boeing’s commercial airplanes unit, the company added.