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Boeing fires CEO as it announces major boardroom shake-up

cde.news desk · 1 min read
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epa07061370 A logo of the US American multinational producer of airplanes, rockest, sattelites and missiles 'Boeing' at the International Astronautical Congress IAC in Bremen, northern Germany, 01 October 2018. More than 6,000 scientists and space experts meet for the 69th edition of one of the world's biggest space-related congresses which runs until 05 October. EPA-EFE/FOCKE STRANGMANN

Boeing has fired its CEO Dennis Muilenburg in a boardroom shake-up following the crisis over its 737-MAX jet production and two deadly crashes, the company announced.

The company announced that announced today that its Board of Directors has named current Chairman, David L. Calhoun, as Chief Executive Officer and President, effective January 13, 2020. Mr. Calhoun will remain a member of the Board. In addition, Board member Lawrence W. Kellner will become non-executive Chairman of the Board effective immediately. 

The Board of Directors decided that a change in leadership was necessary to restore confidence in the Company moving forward as it works to repair relationships with regulators, customers, and all other stakeholders.

Under the Company’s new leadership, Boeing will operate with a renewed commitment to full transparency, including effective and proactive communication with the FAA, other global regulators and its customers.

Via Euronews / Boeing

Topics AviationBoeing