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Boeing CEO Dave Calhoun to resign by year-end

Boeing 737 Max audit reveals dozens of problems


Boeing 737 Max audit reveals dozens of problems

02:42

Boeing CEO Dave Calhoun is resigning. The management reshuffle comes as the aircraft maker faces production problems and difficulties. door panel air blown Cheating on one of the company's Boeing 737 Max 9 planes has led to increased regulatory scrutiny.

on monday statement, The company announced that Calhoun will remain in his role through the end of 2024 to “lead Boeing throughout the year and complete significant ongoing work to stabilize and position the company for the future.”

The management reshuffle culminates in an eventful few months for the aircraft maker, which came under intense scrutiny after an Alaska Airlines flight was forced to make an emergency landing. emergency landing In January, a door plug exploded minutes after departure. An aviation expert committee convened by the regulator in February said: found Boeing said there was “a lack of awareness of safety-related metrics at all levels.”

Boeing also announced Monday that Larry Kellner, Chairman of the Board of Directors, will not stand for re-election at the company's annual meeting of shareholders. Additionally, he added that he has elected Steve Mollenkopf to replace Mr. Kellner as independent chairman of the board.

Boeing said Molenkopf will lead the board of directors in selecting Boeing's next CEO.

—This is a developing story and will be updated.

Summarize this content to 100 words

Boeing 737 Max audit reveals dozens of problems

Boeing 737 Max audit reveals dozens of problems

02:42

Boeing CEO Dave Calhoun is resigning. The management reshuffle comes as the aircraft maker faces production problems and difficulties. door panel air blown Cheating on one of the company's Boeing 737 Max 9 planes has led to increased regulatory scrutiny.on monday statement, The company announced that Calhoun will remain in his role through the end of 2024 to “lead Boeing throughout the year and complete significant ongoing work to stabilize and position the company for the future.”The management reshuffle culminates in an eventful few months for the aircraft maker, which came under intense scrutiny after an Alaska Airlines flight was forced to make an emergency landing. emergency landing In January, a door plug exploded minutes after departure. An aviation expert committee convened by the regulator in February said: found Boeing said there was “a lack of awareness of safety-related metrics at all levels.”

Boeing also announced Monday that Larry Kellner, Chairman of the Board of Directors, will not stand for re-election at the company's annual meeting of shareholders. Additionally, he added that he has elected Steve Mollenkopf to replace Mr. Kellner as independent chairman of the board. Boeing said Molenkopf will lead the board of directors in selecting Boeing's next CEO.

—This is a developing story and will be updated.

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Aimee Picchi is an associate editor at CBS MoneyWatch, covering business and personal finance. She previously worked at Bloomberg News and has contributed to national news organizations such as USA Today and Consumer Reports.

https://www.cbsnews.com/news/boeing-ceo-dave-calhoun-stepping-down-2024/ Boeing CEO Dave Calhoun to resign by year-end

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