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Boeing CEO to Step Down This Year, Board Chairman to Exit, Head of Commercial Airplanes Retires

Boeing also said Monday that Stan Deal, president and CEO of its commercial airplanes unit, will retire from the company. Stephanie Pope will now lead the division ....

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CEO Message To Employees

CEO Message To Employees
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Business News - 1540 WADK Newport

ABC NewsBoeing CEO Dave Calhoun will step down at the end of the year, the company said in an announcement Monday.The move comes amid fallout from a high-profile safety failure onboard an Alaska Airlines flight in January, when a door plug blew out of Boeing s 737 Max 9 aircraft while the plane was in flight.In a statement on Monday, Calhoun acknowledged the challenges facing Boeing."The eyes of the world are on us, and I know that we will come through this moment a better company," Calhoun said. "We will remain squarely focused on completing the work we have done together to return our company to stability after the extraordinary challenges of the past five years, with safety and quality at the forefront of everything that we do."Board Chair Larry Kellner, a board member for nearly 15 years, plans to forgo nomination for an additional term at the company’s annual shareholder meeting this spring, Boeing said.Steve Mollenkopf, former CEO of chipmaker Qualcomm, will ....

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