8-KCurrent report
Officer or director change
✓ VerifiedBoeing appointed Ryan L. Shedd as Senior Vice President and Controller, succeeding Michael J. Cleary, who plans to retire in 2027.
Filed Aug 21, 2026 · 17:08 ET
Summary
- On August 19, 2026, Boeing's Board appointed Ryan L. Shedd as Senior Vice President and Controller, effective the first business day after Boeing files its Form 10-K for the year ended December 31, 2026.
- Shedd will also act as Boeing's principal accounting officer and will join the Company in September 2026 as a Senior Vice President, Finance.
- Shedd, 41, will succeed Michael J. Cleary, who plans to retire in 2027 after more than two decades of service, most recently as Senior Vice President and Controller since March 2023.
- Shedd brings nearly two decades of experience at Ernst & Young LLP, where he most recently served as an Assurance Partner since July 2021.
- Shedd will receive an annual base salary of $600,000, an annual incentive target of 70% of base salary, and a long-term incentive target of 170% of base salary beginning in 2027.
- Shedd will receive a cash sign-on award of $300,000 subject to repayment conditions and will be based in Seattle, Washington.
Key facts
- New Controller
- Ryan L. Shedd
From the filing for New Controller
“the Board of Directors of The Boeing Company (the "Company") appointed Ryan L. Shedd as the Company's Senior Vice President and Controller”
- Appointment date
- August 19, 2026
From the filing for Appointment date
“On August 19, 2026, the Board of Directors of The Boeing Company”
- Predecessor
- Michael J. Cleary
From the filing for Predecessor
“Mr. Shedd will succeed Michael J. Cleary on the Effective Date”
- Cleary retirement
- retire from the Company in 2027
From the filing for Cleary retirement
“Mr. Cleary plans to retire from the Company in 2027 after more than two decades of service”
- Age
- 41
From the filing for Age
“Mr. Shedd, 41, brings to the Company nearly two decades of experience at Ernst & Young LLP”
- Base salary
- $600,000
From the filing for Base salary
“Mr. Shedd will receive an annual base salary of $600,000”
- Sign-on award
- $300,000
From the filing for Sign-on award
“He will receive a cash sign-on award of $300,000, subject to repayment conditions”
- Long-term incentive target
- 170% of base salary
From the filing for Long-term incentive target
“an annual long-term incentive award with a target value of 170% of base salary”
Why it mattersBoeing named a successor for its principal accounting officer role, with Shedd taking over from Cleary after a transition period following the 2026 Form 10-K filing.
- Filed
- Aug 21, 2026
- Accepted
- 2026-08-21 21:08Z
- Period
- Aug 19, 2026
- Accession no.
- 0001628280-26-058481
- Size
- 174 KB
- Index
- Filing index