New Leadership and Challenges for Boeing: CEO Dave Calhoun to Step Down, Chairman Larry Kellner to Retire

Boeing CEO Dave Calhoun to resign

Boeing is facing major changes in its leadership as CEO Dave Calhoun announced his intention to leave the company by the end of the year. The company’s chairman, Larry Kellner, and head of the commercial airplane unit are also departing.

Boeing’s chairman, Larry Kellner, has decided not to seek reelection as a board director. He will be replaced by former Qualcomm CEO Steve Mollenkopf. Additionally, Stan Deal, the CEO of Boeing Commercial Airplanes, is retiring. Stephanie Pope, who has been Boeing’s chief operating officer since January, will assume Deal’s position with immediate effect.

Boeing has faced numerous challenges over the past five years, including two fatal crashes of the 737 Max in 2018 and 2019 that resulted in 346 fatalities. Most recently, an Alaska Airlines 737 Max experienced a door plug blowout in January, causing a significant hole in the side of the plane. These issues have led to multiple groundings and more than $31 billion in cumulative losses.

In a letter to Boeing employees, Calhoun called the Alaska Airlines incident a “watershed moment for Boeing.” He emphasized the importance of fixing issues and restoring the company’s reputation. Calhoun took leadership during a challenging period for Boeing and faced tough decisions such as grounding

Boeing is facing major changes in its leadership as CEO Dave Calhoun announced his intention to leave the company by the end of the year. The company’s chairman, Larry Kellner, and head of the commercial airplane unit are also departing. Boeing’s chairman, Larry Kellner, has decided not to seek reelection as a board director. He…

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