Boeing CEO David Calhoun will step down from the embattled plane maker at the end of the year as part of a broad management shakeup after a series of mishaps at one of America's iconic manufacturers.
Boeing has been under intense pressure since early January, when a panel blew off a brand-new Alaska Airlines 737 Max. Investigators say bolts that help keep the panel in place were missing after repair work at the Boeing factory. Fallout from the Jan. 5 blowout has raised scrutiny of Boeing to its highest level since two Boeing 737 Max jets crashed in 2018 in Indonesia and 2019 in Ethiopia. In all, the crashes killed 346 people.
Boeing’s most significant effort to improve quality has the opening of discussions about bringing Spirit AeroSystems, which builds fuselages for the Max and many parts for that and other Boeing planes, back into the company. Mistakes made at Spirit, which Boeing spun off nearly 20 years ago, have compounded the company's problems.Calhoun said the decision to leave was his.
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Boeing CEO Dave Calhoun is stepping downBoeing announced Monday that its CEO, Dave Calhoun, would step down at the end of the year.
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Boeing CEO Dave Calhoun to step downBoeing announced Monday that its CEO, Dave Calhoun, would step down at the end of the year.
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Boeing CEO Calhoun to step down from post by end of yearBoeing CEO Dave Calhoun will step down from the embattled plane maker at the end of the year after a series of mishaps at one of America's most storied...
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