Dave Calhoun will be stepping down at the end of the year after Boeing came under pressure from airlines wanting to know how it plans to fix manufacturing problems.
Boeing Chief Executive David Calhoun will step down from the embattled plane maker at the end of the year as part of a broader management shakeup after a series of mishaps at one of America's most storied manufacturers. Stan Deal, president and CEO of Boeing's commercial airplanes unit, will retire immediately, and Stephanie Pope, the company's chief operating officer, will lead the division.
Airline executives have expressed their frustration with the company, and even seemingly minor incidents involving Boeing jets have attracted extra attention. 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 in 2019 in Ethiopia. In all, the crashes killed 346 people. In a note Monday to employees, Calhoun, 67, called the accident “a watershed moment for Boeing.
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