Boeing CEO Steps Down Amid Crisis
Economy

Boeing CEO Announces Resignation Amid Safety Issues and Scrutiny

Boeing CEO Dave Calhoun has announced his decision to resign from his position by the end of 2024. Along with Calhoun, the chairman of the company’s board Larry Kellner will also be stepping down, with Steve Mollenkopf taking over the role of chairman. Additionally, Stan Deal, CEO of the Commercial Airplanes business unit, will be retiring.

Calhoun has been serving as CEO of Boeing since 2020 and stated in an interview with CNBC that he made the decision to resign himself. The reason for his departure was not specified in the company’s press release.

Boeing has been facing scrutiny in recent months due to safety issues with its aircraft. Several incidents have occurred, including the loss of parts during flights and emergency landings. The US Department of Justice has initiated a criminal investigation into one of these incidents. Despite these challenges, Boeing remains committed to ensuring the safety and reliability of its aircraft and addressing any issues that may arise while maintaining the trust of its customers and stakeholders.

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