Boeing CEO Dave Calhoun to step down in wake of ongoing safety problems | CNN Business
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In major shakeup of Boeing’s leadership, CEO Dave Calhoun said Monday he intends to leave the beleaguered company by the end of the year. The company’s chairman and head of the commercial airplane unit are also leaving.

In major shakeup of Boeing’s leadership, CEO Dave Calhoun said Monday he intends to leave the beleaguered company by the end of the year. The company’s chairman and head of the commercial airplane unit are also leaving.

Boeing’s chairman, Larry Kellner, will not stand for re-election as a board director. The board has elected former Qualcomm CEO Steve Mollenkopf to succeed him.

The company also announced that Stan Deal, CEO of Boeing Commercial Airplanes, is retiring. Stephanie Pope, Boeing’s chief operating officer since January, is taking his place effective immediately.

Boeing has been buffeted by more than five years of problems with its airplanes, including two fatal crashes of the 737 Max in 2018 and 2019 that killed 346 people, and most recently a door plug that blew out of the side of an Alaska Airlines 737 Max in January, leaving a gaping hole in the side of the plane. The problems have led to multiple groundings for safety issues and more than $31 billion in cumulative losses.

    • shalafi@lemmy.worldEnglish
      1·
      8 months ago

      Well. Yeah. The CEO rules as the board of directors wishes. Put me in that spot and fuckin’ A I’m writing a golden parachute into my contract.

      “I gotta do what you say or you’ll fire me?”

      “Exactly so.”

      "What if you’re all assholes?

      “Maybe.”

      “Imma need a fat check when shit goes down.”

      “Sure we’ll take that bet! But we won’t do anything stupid.”

    • IninewCrow@lemmy.caEnglish
      251·
      8 months ago

      Rewarding failure and immoral behavior while punishing responsibility and integrity.

      Capitalism just encourages, coddles and breeds the worst individuals in our civilization.

      • Aussiemandeus
        2·
        8 months ago

        Everyone that spoke about it got a long talking to on a ledge of a balcony im sure

    • Aussiemandeus
      4·
      8 months ago

      Yeah, guess thats what most russians felt like initially.

      Then it becomes common place, then no one notices the murders, then its to late to do anything about it at all.

  • MrFunnyMoustache@lemmy.ml
    24·
    8 months ago

    I will forever refer to him as David Quality-Escape Calhoun. He should be in jail, and we must not let Boeing design and manufacture the prison facility, because a quality escape would lead to a prison escape.