Walter James "Jim" McNerney Jr.[1] (born August 22, 1949) is a business executive who was president and CEO of the Boeing Company from June 2005 to July 2015.
McNerney competed with Robert Nardelli and Jeff Immelt to succeed the retiring Jack Welch as chairman and CEO of General Electric.
[10] McNerney is currently the president, chairman, and CEO of United States Equestrian Team Foundation[11] and was presented with the R. Bruce Duchossois Distinguished Trustee Award in 2024.
[5][14] According to the Seattle Times, McNerney made the decision to "establish[] a plant in North Charleston, S.C., attempting to bust Puget Sound unions — who were responsible for saving the much-delayed airliner.
Other articles allege that "Boeing engineers contended their power and decision-making ability often was overridden by cost-conscious executives, including McNerney, in recent decades.
"[19][20][21] Gautam Mukunda, professor at Yale School of Management, called McNerney, "arguably the worst CEO in American history.
"[22] In 2007, as CEO of Boeing, W. James McNerney Jr. made $12,904,478 in total compensation, which included a base[23] salary of $1,800,077, a cash bonus of $4,266,500, options granted of $5,871,650, and Other $966,251.
[30] In December 2016, McNerney joined a business forum assembled by then president-elect Donald Trump to provide strategic and policy advice on economic issues.