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WEKU
Joel Rose

Boeing CEO Dave Calhoun to step down, part of a shakeup after 737 Max problems

Boeing announced a major managerial shakeup — including that CEO Dave Calhoun will step down at the end of the year. The embattled planemaker also said the president of the commercial airplanes division would retire and its board chairman would not stand for reelection. (Anna Moneymaker/Getty Images)

WASHINGTON — Boeing announced on Monday that its embattled CEO, Dave Calhoun, will step down at the end of year. The planemaker and aerospace company also said its board chairman, Larry Kellner, will not stand for re-election and the president of its commercial airplanes division, Stan Deal, will retire effective immediately.

The leadership shakeup comes after several difficult months following the in-flight door plug blowout on an Alaska Airlines 737 Max jet in January above Portland, Ore.

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