Boeing CEO Dave Calhoun announced on Monday (March 25) his intentions to leave the airplane manufacturer at the end of the year. Boeing’s chairman and the head of the commercial airplane unit are also stepping down from their positions.
Boeing‘s chairman, Larry Kellner, will not stand for re-election as a board director and will be succeeded instead by the former Qualcomm CEO, Steve Mollenkopf.
Furthermore, Stan Deal, CEO of Boeing Commercial Airplanes, is retiring. Stephanie Pope, Boeing’s chief operating officer since January, is set to take his place immediately.