Boeing shakeup demands 'whole new thinking,' not new faces: Expert

Boyd Group International president Mike Boyd joins Yahoo Finance Live to discuss how the leadership shakeup will necessitate"a whole new thinking, not just new people."

Mike Boyd, Boyd Group International President is joining us now to discuss. And Mike, thank you so much for being here. I want to start by just getting your take on this news. Is this what accountability looks like at Boeing?Well, what it means is they've thrown a couple of people under the bus. And they're going to be looking for a new CEO. Calhoun stays for another-- what, eight months or so?It's a start.

Guys, by that time Airbus will be more than just number one. So we need people that are going to take Boeing. Shake it like a dead chicken. And move it ahead into being the leader it used to be. And that's a long way off.So Mike, if this is them moving in the right direction, how do they make sure that they nail this process?Well, what they have to do is make sure whoever they bring in has new ideas, not just a new seat warmer.

And can, basically, put those into words, put those into action. Just getting someone who has a great background doesn't count. We've already had that at Boeing. We need somebody who has a futurist view.

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Airbus CEO says Boeing's problems are bad for whole industryAirbus takes no pleasure in the technical problems plaguing U.S. rival Boeing as they damage the image of the entire aerospace industry, the CEO of the...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Factbox-Boeing's tumultuous four years under outgoing CEO CalhounCalhoun, previously Boeing's chairman, was tasked with steering the aerospace giant through the turmoil sparked by two deadly crashes that led to the...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Factbox-Boeing's tumultuous four years under outgoing CEO CalhounExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Boeing CEO to exit in broader management shakeup as manufacturing issues plague storied plane makerBoeing 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.
Source: SooToday - 🏆 8. / 85 Read more »

Boeing CEO to exit in broad management shakeup as manufacturing issues plague storied plane makerBoeing 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.
Source: SooToday - 🏆 8. / 85 Read more »

Boeing's CEO to step down in overhaul triggered by safety crisisBoeing Co. announced sweeping changes to its management on Monday with its chief executive officer, head of commercial airplanes and chairman all stepping down as the company grapples with a crisis centered on its most important product, the 737 Max jetliner.
Source: BNNBloomberg - 🏆 83. / 50 Read more »