Boeing CEO to step down in broad management shake-up as 737 Max crisis weighs on aerospace giant
-Boeing CEO Dave Calhoun will step down at the end of 2024 in part of a broad management shakeup.
-Chairman of the board Larry Kellner won’t stand for reelection this year, and Stan Deal, CEO of the commercial airplane unit, is out, effective immediately.
-Boeing executives have faced increasing scrutiny from regulators and customers over quality control problems.
-Chairman of the board Larry Kellner won’t stand for reelection this year, and Stan Deal, CEO of the commercial airplane unit, is out, effective immediately.
-Boeing executives have faced increasing scrutiny from regulators and customers over quality control problems.
Boeing announced executive changes: CEO Dave Calhoun will step down at the end of 2024, and Chairman Larry Kellner will also depart. Stan Deal, head of the commercial airplane unit, has resigned, with Stephanie Pope taking over. These moves respond to quality issues and aviation accidents, prompting a positive market response with a 1.4% stock price increase. Airline CEOs express dissatisfaction, urging Boeing to enhance quality control and boost 737 Max production. Boeing faces significant challenges, needing to rebuild confidence and its image.
What do you all think about these leadership changes and their potential impact on Boeing's future?
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