Boeing CEO Resigns Amid Crisis In Aircraft Manufacturer

Boeing Faces Major Leadership Changes Amid Safety Concerns and Regulatory Scrutiny

Boeing is facing changes in leadership as the CEO, Dave Calhoun, has resigned from his position. The company’s chairman, Larry Kellner, also stepped down. Steve Mollenkopf has been appointed as the new chairman and Stan Deal, the CEO of the Commercial Airplanes business unit, will retire.

Calhoun has served as CEO of Boeing since 2020 but the reason for his departure was not specified in the company’s press release. However, he stated in an interview with CNBC that he made the decision to resign himself. Boeing has been under increased scrutiny due to safety issues with its aircraft in recent months.

Several incidents involving Boeing planes have raised concerns including a Wall Street Journal report of a criminal investigation by the US Department of Justice. These incidents include planes experiencing malfunctions mid-flight such as the loss of a part of the wall of a Boeing 737 Max model and landing gear problems runway incidents involving Boeing aircraft. Despite these challenges, Boeing continues to prioritize passenger safety and work towards maintaining and improving the reliability and performance of its aircraft.

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