Boeing CEO Pushed Out as Company Reels From 737 MAX Debacle

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Boeing and its leadership have taken a reputational hit for the company’s handling of the MAX following two fatal crashes, triggering calls for Muilenburg to step down

Boeing Co. ousted Chief Executive Dennis Muilenburg as it struggles to contain the fallout of its biggest crisis in decades, caused by two fatal crashes and the subsequent grounding of its 737 MAX jetliner.

The aerospace giant said David Calhoun, a longtime director with deep ties to the aviation and private-equity industries, will become CEO. Mr. Calhoun, 62 years old, is an influential behind-the-scenes figure who became Boeing’s chairman in October in a boardroom shakeup.

 

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Quite right too. Are criminal proceedings afoot by any chance?

About time Boeing changeneeded

Well, at least those 346 passengers who died in his faulty aircraft still have their reputations intact. Once upon a time a person's homicidal negligence would lead to a jail sentence.

Ya'think

Time for the Incapable to be SACKED. We have enough of those Incapable Chief .., so-called C-suite guys, like the Commander in Chief of USA who still keeps his role while the best place for him is Lifetime Prison! business Reuters FT TheEconomist RepAdamSchiff SpeakerPelosi

If Boeing believes he has done wrong. Let them fire him. The mob should not be an influence

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Boeing fires CEO Dennis Muilenburg, as the company struggles with 737 Max crisisBoeing CEO Dennis Muilenburg is out amid the company's struggles with the 737 Max crisis. Chairman David Calhoun will take over as CEO Jan. 13. Im sure he has a sweet exit package financially. he will get another job in cina to work for AVIC, let's wait and see hahahaha Good.
Source: CNBC - 🏆 12. / 72 Read more »