Boeing names Ryan Shedd next controller and accounting chief

Q: What leadership change did BA announce regarding its finance and accounting roles?

BA announced that Ryan L. Shedd has been appointed Senior Vice President and Controller and will serve as principal accounting officer, effective after the filing of the 2026 Form 10-K, succeeding Michael J. Cleary, who plans to retire in 2027.

Q: When will Ryan L. Shedd’s appointment at BA become effective?

Ryan L. Shedd’s appointment as Senior Vice President and Controller and principal accounting officer will be effective on the first business day following BA’s filing of its Annual Report on Form 10-K for the year ended December 31, 2026.

Q: What is Ryan L. Shedd’s background before joining BA?

Ryan L. Shedd, age 41, has nearly two decades of experience at Ernst & Young LLP, where he most recently served as an Assurance Partner since July 2021, bringing extensive public accounting and assurance experience to BA.

Q: What compensation will BA pay Ryan L. Shedd in his new role?

BA will pay Ryan L. Shedd an annual base salary of $600,000, an annual incentive award targeted at 70% of base salary, and starting in 2027 a long-term incentive award targeted at 170% of base salary, plus other benefit and compensation plans consistent with his seniority.

Q: Does BA provide a sign-on bonus or relocation benefits to Ryan L. Shedd?

Yes. BA will provide a $300,000 cash sign-on award to Ryan L. Shedd, subject to repayment conditions, and he will be based in Seattle, Washington, eligible for relocation benefits under the company’s relocation policy.

BOEING CO (BA) reported a senior finance leadership change.

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Form Type

8-K

Rhea-AI Filing Summary

BOEING CO (BA) reported a senior finance leadership change. The Board appointed Ryan L. Shedd as Senior Vice President and Controller, and principal accounting officer, effective the first business day after the company files its Form 10-K for the year ended December 31, 2026. Shedd will join in September 2026 as Senior Vice President, Finance, then assume the Controller role after a transition, succeeding Michael J. Cleary, who plans to retire in 2027 after more than two decades with the company. Shedd, age 41, has nearly twenty years of experience at Ernst & Young LLP, most recently as an Assurance Partner.

The filing details his compensation: an annual base salary of $600,000, eligibility for an annual incentive award targeted at 70% of base salary, and beginning in 2027, a long-term incentive award targeted at 170% of base salary. He will also receive a $300,000 cash sign-on award subject to repayment conditions, participate in other benefit and compensation plans consistent with his seniority, be based in Seattle, Washington, and receive relocation benefits under Boeing’s relocation policy.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Key Figures

Annual base salary: $600,000 Annual incentive target: 70% of base salary Long-term incentive target: 170% of base salary +4 more

7 metrics

Annual base salary $600,000 Annual base salary for Ryan L. Shedd as Senior Vice President and Controller

Annual incentive target 70% of base salary Target annual incentive award for Ryan L. Shedd

Long-term incentive target 170% of base salary Target annual long-term incentive award for Ryan L. Shedd beginning in 2027

Cash sign-on award $300,000 Cash sign-on award for Ryan L. Shedd, subject to repayment conditions

Planned retirement year 2027 Planned retirement year of Michael J. Cleary

Service length descriptor more than two decades Tenure of Michael J. Cleary at Boeing before planned retirement

Age of appointee 41 Age of Ryan L. Shedd at the time of appointment disclosure

Key Terms

principal accounting officer, Annual Report on Form 10-K, long-term incentive award, relocation benefits, +1 more

5 terms

principal accounting officer financial

"will also act as the Company’s principal accounting officer"

The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.

Annual Report on Form 10-K regulatory

"following the Company’s filing of its Annual Report on Form 10-K"

An annual report on Form 10‑K is a required, comprehensive filing that publicly traded companies give to regulators and investors summarizing their business, results of operations, detailed financial statements reviewed by independent auditors, material risks, legal issues and management’s discussion of performance. Investors use it like a company’s year‑end report card and medical checkup: it reveals how the business made money, where it is vulnerable, and the facts needed to compare value, judge risk and make informed investment decisions.

long-term incentive award financial

"an annual long-term incentive award with a target value of 170% of base salary"

A long-term incentive award is a form of compensation granted to executives or employees that pays out over several years, often as company stock, stock-like units, or cash tied to future performance goals. Investors care because these awards aim to align management’s interests with shareholder value—like giving a gardener seeds that only grow if they tend the garden well—and they can affect future share counts, reported costs, and the executive team’s motivation to meet long-range targets.

relocation benefits other

"will be eligible for relocation benefits under the Company’s relocation policy"

Assurance Partner financial

"where he has most recently served as an Assurance Partner since July 2021"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What leadership change did BA announce regarding its finance and accounting roles?

BA announced that Ryan L. Shedd has been appointed Senior Vice President and Controller and will serve as principal accounting officer, effective after the filing of the 2026 Form 10-K, succeeding Michael J. Cleary, who plans to retire in 2027.

When will Ryan L. Shedd’s appointment at BA become effective?

Ryan L. Shedd’s appointment as Senior Vice President and Controller and principal accounting officer will be effective on the first business day following BA’s filing of its Annual Report on Form 10-K for the year ended December 31, 2026.

What is Ryan L. Shedd’s background before joining BA?

Ryan L. Shedd, age 41, has nearly two decades of experience at Ernst & Young LLP, where he most recently served as an Assurance Partner since July 2021, bringing extensive public accounting and assurance experience to BA.

What compensation will BA pay Ryan L. Shedd in his new role?

BA will pay Ryan L. Shedd an annual base salary of $600,000, an annual incentive award targeted at 70% of base salary, and starting in 2027 a long-term incentive award targeted at 170% of base salary, plus other benefit and compensation plans consistent with his seniority.

Does BA provide a sign-on bonus or relocation benefits to Ryan L. Shedd?

Yes. BA will provide a $300,000 cash sign-on award to Ryan L. Shedd, subject to repayment conditions, and he will be based in Seattle, Washington, eligible for relocation benefits under the company’s relocation policy.

What are BA’s plans for current Controller Michael J. Cleary?

Michael J. Cleary, currently Senior Vice President and Controller since March 2023, will be succeeded by Ryan L. Shedd on the Effective Date and plans to retire in 2027 after more than two decades of service at BA.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/21/2026 - 05:08 PM Accepted by SEC EDGAR 08/21/2026 - 05:08 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): August 19, 2026


THE BOEING COMPANY
(Exact name of registrant as specified in its charter)

Delaware

1-442

91-0425694

(State or other jurisdiction of
incorporation or organization)

(Commission file number)

(I.R.S. Employer Identification No.)

929 Long Bridge Drive, Arlington, VA

22202

(Address of principal executive offices)

(Zip Code)


			(703) 465-3500
			(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, $5.00 Par Value

New York Stock Exchange

Depositary Shares, each representing a 1/20th interest in a share of 6.00% Series A Mandatory Convertible Preferred Stock, $1.00 Par Value

BA-PRA

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 19, 2026, the Board of Directors of The Boeing Company (the “Company”) appointed Ryan L. Shedd as the Company’s Senior Vice President and Controller, to be effective as of the first business day following the Company’s filing of its Annual Report on Form 10-K for the year ended December 31, 2026 (the “Effective Date”). In that position, Mr. Shedd will also act as the Company’s principal accounting officer.

Mr. Shedd will join the Company in September 2026 as a Senior Vice President, Finance. Following a transition period, Mr. Shedd will succeed Michael J. Cleary on the Effective Date. Mr. Cleary plans to retire from the Company in 2027 after more than two decades of service, most recently as Senior Vice President and Controller since March 2023. Mr. Shedd, 41, brings to the Company nearly two decades of experience at Ernst & Young LLP, where he has most recently served as an Assurance Partner since July 2021.

Mr. Shedd will receive an annual base salary of $600,000, and will be eligible to receive an annual incentive award with a target value of 70% of base salary and (beginning in 2027) an annual long-term incentive award with a target value of 170% of base salary. He will receive a cash sign-on award of $300,000, subject to repayment conditions, and will participate in other benefit and compensation plans at levels consistent with his seniority and scope of responsibility. Mr. Shedd will be based in Seattle, Washington and will be eligible for relocation benefits under the Company’s relocation policy.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.


THE BOEING COMPANY

By:			/s/ John C. Demers
			John C. Demers
			Corporate Secretary, Vice President & Assistant General Counsel

Dated: August 21, 2026

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

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