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Boeing extends retirement age for CEO Calhoun to age 70


Boeing extends retirement age for CEO Calhoun to age 70
Issued on:
20/04/2021 - 15:47
Boeing extended the retirement age for Dave Calhoun, enabling him to stay CEO potentially through April 2028 SAUL LOEB AFP/File
2 min
New York (AFP)
Boeing announced Tuesday that it will lift the company s retirement age for David Calhoun to 70, enabling him to remain as chief executive potentially through April 2028.
Boeing, which has a standard 65-age retirement-age, cited Calhoun s progress in building regulator and customer confidence in enabling the 737 MAX to return to service following two fatal crashes that led to a lengthy grounding.
Boeing said Chief Financial Officer Greg Smith, who is 54, would retire in July. ....

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