Boeing taps former Collins Aerospace CEO Kelly Ortberg to replace Dave Calhoun

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Boeing taps former Collins Aerospace CEO Kelly Ortberg to replace Dave Calhoun
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Boeing announced in March that Calhoun would step down by year's end, part of a broader company shakeup following a door plug blowout in January.

Ortberg, 64, previously led major aerospace supplier Rockwell Collins, which later became Collins Aerospace and is now a unit of industry behemoth RTX.

Boeing announced in March that Calhoun would step down by year's end, part of a broader company shakeup following a door plug blowout in January.Kelly Ortberg, chief executive officer of Rockwell Collins Inc., stands for a photograph at the company's production facility in in Manchester, Iowa, U.S., on Wednesday, Aug. 31, 2016.

Ortberg, 64, previously led major aerospace supplier Rockwell Collins, which later became Collins Aerospace and is now a unit of industry behemoth"The Board conducted a thorough and extensive search process over the last several months to select the next CEO of Boeing and Kelly has the right skills and experience to lead Boeing in its next chapter," Boeing's chairman Steven Mollenkopf said in a news release on Wednesday.

The changes came after a door plug blew out of a nearly new 737 Max 9, reigniting federal scrutiny over Boeing just as it was trying to move on from two fatal crashes of its best-selling plane., in which the manufacturer reported wider-than-expected losses and revenue that was down 15% year over year.

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