This guy was fired for cause and will apparently still make out like a bandit:
Boeing says neither ousted executive will receive severance pay beyond options and share grants that have already vested. Sears, who began working for Boeing’s McDonnell Douglas unit in 1969, will receive a pension at age 65 valued at between $672,000 and $840,000 a year, according to a company filing.
Too bad he will have to wait 9 years to start skimming this cream.
NB: I’d love to retire with that kind of income but my 401k won’t even have an asset value equal to one years worth of this dude’s take home.