New CEO for Boeing, Muilenburg resigns
Boeing announced today that its board of directors has named its current Chairman, David Calhoun, as chief executive Officer and president, effective January 13, 2020. Calhoun will remain a member of the board. In addition, board member Lawrence Kellner will become non-executive chairman of the board effective immediately.
Dennis Muilenburg has resigned from his positions as chief executive officer and board director effective immediately. Boeing CFO Greg Smith will serve as interim CEO during the brief transition period, while Calhoun exits his non-Boeing commitments.
Boeing states its board 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. This
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.
“I strongly believe in the future of Boeing and the 737 MAX,” said Calhoun. “I am honoured to lead this great company and the 150,000 dedicated employees who are working hard to create the future of aviation.”