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In December 2019, Boeing announced that Muilenburg resigned as the CEO and board director, in the aftermath of the two crashes of 737 MAX aircraft. Although he forfeited stock worth $14.6m, Muilenburg was contractually entitled to receive $62.2m in stock and pension awards. [18] This payment by Boeing attracted criticism.
At Boeing, Calhoun was a director, starting in 2009, and was named lead independent director in 2018. [10] [6] The company separated the roles of chairman and chief executive officer in the fall of 2019 so that Muilenburg could "implement changes to sharpen Boeing's focus on product and services safety", according to a press release. [11]
Stan Deal, the CEO and president of Boeing Commercial Airplanes, has retired effective immediately. Larry Kellner, chair of the company's board of directors, will not stand for re-election at the ...
Embattled Boeing CEO Dave Calhoun testified in front of the Senate Permanent Subcommittee on Investigations (PSI), where a bipartisan group of senators took him to task over a string of safety ...
Boeing, no. 58 on the Fortune 500, announced on Monday that president and CEO Dave Calhoun—a 26-year GE veteran who took over in January 2020—would be stepping down at the end of 2024.
Philip Murray Condit (born August 2, 1941) is an American engineer and businessman who was Chair and Chief executive officer (CEO) of the Boeing company from 1996 to 2003. He dramatically reshaped the company by its merger with McDonnell Douglas and relocating Boeing's headquarters from Seattle to Chicago. He resigned to take symbolic ...
Boeing board member and former Qualcomm CEO Steve Mollenkopf will succeed Kellner. The company has been mired in a slew of negative stories since a door panel blew out on a Boeing 737 Max plane ...
WASHINGTON (Reuters) -U.S. senators on Tuesday attacked the CEO of Boeing for the planemaker's tarnished safety record, overshadowing his apology to families who lost loved ones in two 737 MAX ...