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Boeing CEO Dave Calhoun will step down at the end of 2024 in part of a broad management shake-up for the embattled aerospace giant.

Chairman of the board Larry Kellner is also resigning and will not stand for reelection at Boeing’s annual meeting in May. He will be replaced as chair by Steve Mollenkopf, who has been a Boeing director since 2020 and will lead the board in picking a new CEO, Boeing said.

And Stan Deal, president and CEO of Boeing Commercial Airplanes, is leaving the company effective immediately. Moving into his job is Stephanie Pope, who recently became Boeing’s chief operating officer after previously running Boeing Global Services.

The departures come as airlines and regulators have been increasing calls for major changes at the company after a host of quality and manufacturing flaws on Boeing planes. Scrutiny intensified after a Jan. 5 accident, when a door plug blew out of a nearly new Boeing 737 Max 9 minutes into an Alaska Airlines flight.

1 posted on 03/25/2024 7:00:45 AM PDT by realcleanguy
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To: realcleanguy

Calhoun is technically “retiring” at the end of the year. He should be required to fly on a 737 MAX every day of his retirement in order to collect his Boeing pension.


2 posted on 03/25/2024 7:02:14 AM PDT by Yo-Yo (Is the /Sarc tag really necessary? Pray for President Biden: Psalm 109:8)
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To: realcleanguy

Boeing executives have faced increasing scrutiny from regulators and customers over quality control problems.


But the DEI score? that is what is really important.


3 posted on 03/25/2024 7:03:57 AM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: realcleanguy

This all comes from the McDonald Douglas merger. Outsourcing rears it’s ugly head again.


9 posted on 03/25/2024 8:02:27 AM PDT by ImJustAnotherOkie
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