Posted on 03/25/2024 5:45:59 AM PDT by chuck allen
March 25 (Reuters) - Boeing Co CEO Dave Calhoun will step down by year-end, in a broad management shakeup brought on by the planemaker's sprawling safety crisis stemming from a January mid-air panel blowout on a 737 MAX plane.
The planemaker also said that Stan Deal, Boeing Commercial Airplanes President and CEO, would retire, and Stephanie Pope would lead that business. Steve Mollenkopf has been appointed the new chair of the board.
Calhoun's has been under pressure ever since the Jan. 5 incident, when a door plug ripped off an Alaska Airlines flight about 16,000 feet above the ground. The company is facing heavy regulatory scrutiny and U.S. authorities curbed production while it attempts to fix safety and quality issues.
(Excerpt) Read more at msn.com ...
Boeing has no choice on DEI. The US gov’t backs up the need and if Boeing wants gov’t contracts, they better play ball.
The more that our corporations depend on the graciousness of gov’t, the more of this will happen.
Tyson has always been deeply involved with the Politburo Leaders (the Clintons) which is explains their recent hiring actions.
Was he the former head of McDonald Douglas?
It showed that Boeing lied to the FAA, Homeland Security, taxpayers, passengers, and citizens, when Boeing said the cockpit doors were safe from terrorist attack. A simple pressure relief valve would have solved the problem IF Boeing cared to give it proper treatment.
Had Boeing moved faster they could have replaced him with Rona McRomney, but NBC got to her first.
It is foolish to blame every corporate disaster on DEI.
The undoing of Boeing began in 1997 with its merger to McDonnell Douglas and its sacrifice of engineering excellence for greater profits.
That’s not how aerospace works. Airlines aren’t alike Wal-Mart shoppers.
The self-damage of Boeing will benefit Airbus, not the Chinese.
Boeing, boeing... GONE.
I get the feeling that ignoring had never messed with McDonnel-Douglas and stayed in Seattle, they wouldn’t be having these problems.
NOT AT ALL SURE A WOMAN CAN CHANGE IT ALL FOR THE BETTER
There’s no doubt that China is exploiting this situation to their benefit, and the idiot media here in the U.S. have certainly been spotlighting a number of normal operational events that occur everyday in aviation since the door plug incident (that’s what they always do). However, Boeing does have a very real and very serious problem.
The MCAS debacle was beyond belief. The tragic end of two aircraft and their passengers occurred not because of one bad decision by Boeing, but rather because of a whole string of bad decisions (often called the “Swiss cheese model” in aviation). They never should have tried to shoehorn engines that were too large for the airframe onto the 737. That poor decision created an aircraft that was unstable in pitch during turns, and rather than acknowledge that, scrap the retrofit idea, and start on an entirely new design, they decided to paper over the flaw with a Rube Goldberg-esque piece of software. Then, to avoid having to recertify the aircraft, they decided to not put any description of how the software worked in the Aircraft Flight Manual.
That whole sequence of terrible decisions indicated that today’s version of Boeing is no longer the engineering-driven creator of excellence that it once was, but instead is just another stock price and bottom line first corporation that will cut corners at any opportunity. That’s one thing when you’re manufacturing plastic junk in China, but is something else entirely when you’re building extremely complex machines intended to carry people miles above the Earth at hundreds of miles per hour. The old Boeing knew that well, but this new-age version seems to prioritize everything other than excellence.
Boeing CEO to step down in broad management shake-up as 737 Max crisis weighs on aerospace giant
https://www.cnbc.com/2024/03/25/boeing-ceo-board-chair-commercial-head-out-737-max-crisis.html
CEO Dave Calhoun will step down at the end of 2024 in part of a broad management shake-up for the embattled aerospace giant.
Larry Kellner, chairman of the board, is also resigning and will not stand for reelection at Boeing’s annual meeting in May. He will be succeeded as chair by Steve Mollenkopf, who has been a Boeing director since 2020 and is a former CEO of Qualcomm. Mollenkopf 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.
Golden Parachutes for all of the C-Suite ! ! !
Corporate America is all Woke, and all are in a competence crisis.
It doesn’t matter what city the HQ is.
The difference is that tech industry consumer product bugs don’t have the same consequences as commercial aircraft failures.
“It is foolish to blame every corporate disaster on DEI.”
Fair enough—but DEI can take an excellent company and turn it into a mediocre one, and take a mediocre company and turn it into an awful one.
Among other things it is a morale crusher—and eventually the competent white males start “quiet quitting” or “mailing it in” if they do not leave to go elsewhere.
All the competent white males have to do is fail to report issues—while the DEI managers lack the skills to identify the same issues—and then easily fixable problems turn into major crises.
As I’ve posted before, the overarching theme of Boeing since its merger with McDonnell Douglas in 1997 (well before anyone imagined DEI) was cost cutting and profit maximization. Senior management has willfully dodged input that would slow moving product off the lines. The impact of any social engineering initiatives has been de minimis.
Ted Culbert, a black man, will get the job. That idiot got promoted from CIO to CEO of Boeing Global Services and his first slide introducing himself was “I am African! I am Diversity!”. He was born in Boston.
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I wonder how long it has been since Boeing has had an actual mechanical, aeronautical or structural engineer who has worked his/her way up the ranks in design/production be one the CEO. I’m betting it’s definitely not been recent.
Yer right. It hasn’t. Dave is a GE Jack Welsh trained idiot, and it shows.
“ The self-damage of Boeing will benefit Airbus, not the Chinese.”
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It might benefit both. But you’re right, it would mostly be to Airbus’s benefit.
Where did she get her degree in aeronautical engineering?
Boeings issues has nothing to do with DEI. It has to do with the current management structure who want quantity over quality. Boeing is pushing workers to work harder, so shortcuts are taken on safety issues. The only way this is going to resolve is placing engineers back into leadership. The CEO needs to move corporate headquarters back to Seattle, stop outsourcing critical parts, and to enact a reasonable schedule to build an airplane.
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