Boeing CEO pushed out amid 737 Max crisis

Boeing CEO And Chief 737 Pilot Testify At House Hearing On Boeing 737 MAX Photo by Alex Wong/Getty Images

Boeing CEO Dennis Muilenburg is leaving the company a little more than one year after the first of two fatal crashes involving the company’s 737 Max aircraft, the company announced Monday. Boeing says Muilenburg resigned in its press release, though it also says that the board of directors “decided that a change in leadership was necessary.” The New York Times reports that he was fired.

Muilenburg will be replaced by David L. Calhoun, who currently serves as the chairman of Boeing’s board of directors. Calhoun will also become the company’s president and will retain his chairman post. There will be a “brief transition period” while Calhoun “exits his non-Boeing commitments,” during which the company’s chief financial officer Greg Smith...

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Boeing CEO pushed out amid 737 Max crisis Boeing CEO pushed out amid 737 Max crisis Reviewed by Benny on December 23, 2019 Rating: 5

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