Boeing said its board of directors elected Mortimer J. (Tim) Buckley, former Chairman and Chief Executive Officer of The Vanguard Group, as a director on November 14, 2024, effective January 1, 2025.

1. 01

   Boeing said its board of directors elected Mortimer J. (Tim) Buckley, former Chairman and Chief Executive Officer of The Vanguard Group, as a director on November 14, 2024, effective January 1, 2025.

2. 02

   The company said Buckley will serve on the Finance Committee and the Governance & Public Policy Committee and will participate in the nonemployee director compensation program described beginning on page 38 of the proxy statement filed on April 5, 2024.

3. 03

   The company said there are no arrangements or understandings between Buckley and any other person under which he was selected as a director, and no related person transactions between Buckley and the company that would require disclosure under Item 404(a) of Regulation S-K.

4. 04

   In a press release, the company said Buckley served at Vanguard for 33 years, that Vanguard's assets under management grew 80% during his tenure as CEO, and that he will be the 12th member of the board and the tenth new director added since 2019.

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