Boeing CEO, president step down amid company turbulence

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Boeing CEO David Calhoun is retiring, effective at the end of the year, alongside commercial airplanes President and CEO Stan Deal, effective today.

Boeing CEO Dave Calhoun departs from a meeting at the office of Sen. Mark Warner on Capitol Hill January 24, 2024 in Washington, DC.

Calhoun was CEO of Boeing for four years, since Jan. 2020, replacing Dennis Muilenburg. Deal took over as president of commercial airplanes just three months prior. Boeing’s 737 MAX airplane suffered two fatal crashes in 2018 and 2019, claiming the lives of 346 passengers and crew on board, causing a flurry of leadership changes within the company.

“Everything that was going on since Alaska 1282 meant that Boeing was in a crisis from the leadership of BCA — Boeing Commercial Airplanes — right up to the corporate level,” Aviation analyst Scott Hamilton told KIRO Newsradio., slamming the company’s quality control process and calling the 737 production system a “rambling, shambling disaster waiting to happen.”Deal had been with Boeing for 38 years while Calhoun first joined the company as a member of its Board of Directors in 2009.

“If another ex-GE person comes in, who was steeped in the culture of Dave Calhoun and Jim McNerney before him and Harry Stonecipher before him I would have a very difficult time seeing changes happening to the culture,” Hamilton added.A 17-year-old girl died in a shooting incident Saturday night in Tacoma, and her death is being investigated as a homicide.The Islamic State group has claimed responsibility for an attack on a suburban Moscow concert hall that killed at least 133 people.

 

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