On December 23, Chicago, IL-based Boeing announced that its board of directors has named current chairman, David Calhoun, as chief executive officer and president, effective January 13, 2020. Calhoun will remain a member of the board. In addition, board member Lawrence Kellner will become non-executive chairman of the board effective immediately.
The company also announced
that Dennis Muilenburg has resigned from his positions as chief
executive officer and board director effective immediately. Boeing Chief
Financial Officer Greg Smith will serve as interim
CEO during the brief transition period, while Calhoun exits his non-Boeing
commitments.
The board of directors decided that a
change in leadership was necessary to restore confidence in the company moving
forward as it works to repair relationships with regulators, customers, and all
other stakeholders.
Under the company’s new leadership,
Boeing will operate with a renewed commitment to full transparency, including
effective and proactive communication with the FAA, other global regulators and
its customers.
“On behalf of the entire board of directors,
I am pleased that Dave has agreed to lead Boeing at this critical
juncture,” Kellner said. He added, “Dave has deep industry
experience and a proven track record of strong leadership, and he recognizes
the challenges we must confront. The board and I look forward to working with
him and the rest of the Boeing team to ensure that today marks a new way
forward for our company.”
Calhoun said, “I strongly believe in the future of Boeing and the 737 MAX. I am honored to lead this great company and the 150,000 dedicated employees who are working hard to create the future of aviation.”
Source: Boeing
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