03/25/2024

Boeing CEO to Step Down This Year

Its board chairman to exit, head of commercial airplanes to retire

Boeing CEO Dave Calhoun will step down from the embattled plane maker at the end of the year after a series of mishaps at one of America’s most storied manufacturers.

Board Chair Larry Kellner has also told the company he doesn’t plan to stand for re-election.

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.

Please select this link to read the complete article from The Associated Press.