Boeing Co. said on Wednesday it will dedicate half of a $100 million fund it created to address two crashes of its 737 Max planes to financial relief for the families of those killed, with compensation expert Ken Feinberg hired by the world's largest plane maker to oversee the distribution.
The announcement of Feinberg's hiring came minutes before the start of a U.S. House of Representatives hearing that featured dramatic testimony by Paul Njoroge, a father who lost three children, his wife and mother-in-law in a 737 Max Ethiopian Air crash in March.
Feinberg told Reuters his team will "start immediately drafting a claims protocol for those eligible," with the first meeting with Chicago-based Boeing later this week in Washington.