Boeing CEO Dave Calhoun to resign by the end of the year

Boeing CEO Dave Calhoun Steps Down Amid Crisis, Restructures Management Team to Improve Reputation

Boeing CEO Dave Calhoun has announced that he will be stepping down at the end of 2024 as the company deals with the aftermath of the 737 Max crisis. Calhoun, who was appointed to lead the company in 2020, will guide Boeing through a year of crucial work to stabilize and position the company for the future.

Independent Board Chair Larry Kellner has also announced plans to resign, with Steve Mollenkopf, a Boeing director since 2020, set to take his place. Mollenkopf will lead the process of selecting Boeing’s next chief executive.

In addition to Calhoun’s departure, Boeing has announced a restructuring of its management team in an effort to improve its reputation. Stan Deal, the head of Boeing Commercial Airplanes (BCA), will also be stepping down immediately. Stephanie Pope, who has been serving as the chief operating officer, will replace Deal. Pope has been overseeing the performance of Boeing’s business units, including Boeing Commercial Airplanes, Boeing Defense, Space & Security, and Boeing Global Services.

Calhoun addressed Alaska Airlines Flight 1282 in a letter to employees on Monday. He described this incident as a “watershed moment” for Boeing and emphasized

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