Draugoth
Gold Member
- Boeing CEO Dave Calhoun will step down at the end of 2024 in part of a broad management shakeup.
- Chairman of the board Larry Kellner won’t stand for reelection this year, and Stan Deal, CEO of the commercial airplane unit, is out, effective immediately.
- Boeing executives have faced increasing scrutiny from regulators and customers over quality control problems.
CEO Dave Calhoun will step down at the end of 2024 in part of a broad management shake-up for the embattled aerospace giant.
Larry Kellner, chairman of the board, will not stand for reelection at Boeing’s annual meeting in May, Boeing said Monday. He will be succeeded as chair by Steve Mollenkopf, who has been a Boeing director since 2020 and is a former CEO of Qualcomm. Mollenkopf will lead the board in picking a new CEO, Boeing said.