Boeing CEO to step down in management shakeup after blowout of panel on 737 MAX

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The incident has raised scrutiny of Boeing to its highest level since two crashes of Boeing 737 MAX jets in 2018 and 2019 that killed 346 people.

FILE - Then-Nielsen Company CEO David Calhoun, center, watches progress as he waits for the company's IPO to begin trading, Jan. 26, 2011, on the floor of the New York Stock Exchange. Calhoun will be stepping down at the end of the year from the top job at Boeing, which is under pressure from major airlines wanting to know how the company plans to fix problems in the manufacturing of its planes.

Stan Deal, president and CEO of Boeing's commercial airplanes unit, will retire immediately, with Stephanie Pope, the company's chief operating officer, will lead the division.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.

Airline executives have expressed their frustration with the company, and even seemingly minor incidents involving Boeing jets have attracted extra attention. In a note Monday to employees, Calhoun, 67, called the accident “a watershed moment for Boeing." that requires ”a total commitment to safety and quality at every level of our company."

 

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