Boeing’s Chief Executive Officer to Resign Amid Ongoing 737 Max Crisis, Impacting Aerospace Industry

Boeing CEO⁤ Dave Calhoun is set to step down at the end of 2024 as part of a⁢ major management overhaul⁢ for the⁢ troubled ⁣aerospace company. Larry Kellner, the chairman ⁣of the board, will also not seek reelection at‍ the annual⁢ meeting in ⁤May.⁢ Steve Mollenkopf, a former CEO ⁤of Qualcomm, ​will take over as the new chairman. The board will be responsible for selecting a new CEO. Additionally, Stan Deal,​ the president‌ and ‍CEO of Boeing’s commercial⁣ airplanes unit, is leaving the company, with Stephanie Pope taking over his role. These changes come at a time when airlines and ‍regulators are increasing pressure on ⁣the ⁣company.

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Date: 2024-03-25 ⁢14:09:44

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