Jean MartinBoeing, the aerospace giant, has announced a significant management shakeup, including the departure of CEO Dave Calhoun by the end of 2024.
The move comes amidst increasing pressure from airlines and regulators following a series of quality and manufacturing issues with Boeing planes.
Resignations and Appointments:
Chairman of the board Larry Kellner is also resigning. His departure is set for Boeing’s annual meeting in May. He will be replaced by Steve Mollenkopf, a Boeing director since 2020.
Additionally, Stan Deal, president and CEO of Boeing Commercial Airplanes, is leaving the company immediately. Stephanie Pope, recently appointed Boeing’s Chief Operating Officer, will take over Deal’s role.
The leadership changes follow heightened scrutiny from airlines and regulators, particularly after a Jan. 5 incident involving a Boeing 737 Max 9. Airlines have expressed dissatisfaction with Boeing’s manufacturing quality controls and production levels of 737 Max planes.
Calhoun’s Promise of Improvement:
Dave Calhoun, who has served as CEO since early 2020, has been vocal about Boeing’s commitment to addressing its quality struggles.
However, ongoing challenges in manufacturing and safety have prompted calls for significant changes within the company.
Calhoun assumed the CEO role following the dismissal of Dennis Muilenburg in late 2019, who faced criticism for handling the aftermath of two deadly 737 Max crashes.
Impact and Future Outlook:
The leadership overhaul at Boeing signals a concerted effort to address internal challenges and rebuild trust with stakeholders.
The company will likely face continued scrutiny as it navigates the complexities of improving manufacturing processes and ensuring the safety and reliability of its aircraft.
