Wed. Jun 19th, 2024
Boeing CEO Dave Calhoun to resign by the end of the year

Boeing CEO Dave Calhoun will be stepping down from his role at the end of 2024, as the company continues to recover from the 737 Max crisis. In a letter to employees, Calhoun referenced a recent incident involving Alaska Airlines Flight 1282 as a turning point for Boeing. He emphasized the need for transparency, commitment to safety, and quality at every level of the company.

In addition to Calhoun, Boeing is making changes to its management team in an effort to improve its reputation. Stan Deal, the chief of Boeing Commercial Airplanes (BCA), will step down immediately and be replaced by Stephanie Pope, who has been serving as the chief operating officer and overseeing the performance of Boeing’s business units. Independent Board Chair Larry Kellner is also resigning and will be succeeded by Steve Mollenkopf, a Boeing director since 2020.

Despite current challenges, Calhoun expressed confidence that Boeing will emerge from this period as a stronger company, building upon the lessons learned from its recent efforts to rebuild. These management changes coincide with ongoing pressure from regulators for Boeing to address quality issues discovered in an audit of its 737 Max manufacturing processes. As the company continues to navigate these challenges, the new leadership team will play a crucial role in guiding Boeing through this period of transition and rebuilding.

By Aiden Nguyen

As a content writer at newscholarly.com, I delve into the realms of storytelling with the power of words. With a knack for research and a passion for crafting compelling narratives, I strive to bring forth engaging and informative articles for our readers. From decoding complex concepts to unraveling current events, I aim to captivate and educate through the art of writing. Join me on this journey as we explore the ever-evolving landscape of news and knowledge together.

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