Carson will get $1.5M to advise Boeing

March 11, 2010

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Mar. 10--Boeing will pay Scott Carson, the recently retired former chief executive of its commercial airplane unit, $1.5 million this Friday as an advance "retainer fee" for two years of consulting work.

Boeing's agreement with Carson, disclosed in a regulatory filing Wednesday, notes his "extensive and unique knowledge and experience with Boeing's commercial airplane business, including (his) extensive relationships with Boeing's customers and suppliers."

The filing states that Carson's consulting work during the two years through March 2012 will be limited to 75 hours per month. That works out to at least $833 an hour.

He will also be reimbursed for expenses incurred as a consultant, including travel and lodging.

Carson, 63, formally retired from Boeing on Jan. 1 after 37 years at the company. He had already stepped down from his CEO role in September.