Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Top News
Top News

Boeing CEO And Top Executives To Leave Amid Ongoing Challenges

Boeing employees and executives attend the delivery of the final 747 jet in Everett

Boeing is undergoing significant leadership changes as CEO Dave Calhoun, chairman Larry Kellner, and head of the commercial airplane unit are set to leave the company by the end of the year. This shake-up comes amidst a tumultuous period for the aerospace giant, which has faced a series of challenges over the past five years.

The departure of Calhoun, Kellner, and other key executives marks a pivotal moment for Boeing as it seeks to navigate through ongoing issues with its aircraft. The company has been grappling with the aftermath of two fatal crashes involving the 737 Max in 2018 and 2019, resulting in the tragic loss of 346 lives. More recently, an incident involving a door plug blowing out of an Alaska Airlines 737 Max in January has further highlighted safety concerns.

These incidents have triggered multiple groundings of Boeing aircraft due to safety issues, leading to substantial financial losses totaling over $31 billion. In response to these challenges, the Boeing board has elected Steve Mollenkopf to succeed Kellner as chairman, while Stephanie Pope has been appointed as the new CEO of Boeing Commercial Airplanes, replacing the retiring Stan Deal.

The leadership changes at Boeing reflect the company's commitment to addressing its operational and safety issues, as it strives to rebuild trust with regulators, customers, and the public. The incoming executives will face the daunting task of restoring Boeing's reputation and ensuring the safety and reliability of its aircraft moving forward.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.