It’s all change at the top of Boeing, as Dennis A. Muilenburg has finally decided to resign as President and CEO of the company.
In his place, David L. Calhoun has been named President and CEO of The Boeing Company. Meanwhile, Lawrence W. Kellner will become Chairman of the Board. In regards to Dennis A. Muilenburg – he’s finally resigned, effective immediately. Boeing’s Chief Financial Officer Greg Smith will serve as interim CEO during the brief transition period
The reason? I think we all know – the Boeing 737 MAX situation which has gripped the company as it struggles to bring it back to flight
In its explanation, Boeing state
“The Board of Directors decided that a change in leadership was necessary to restore confidence in the Company moving forward as it works to repair relationships with regulators, customers, and all other stakeholders.
Under the Company’s new leadership, Boeing will operate with a renewed commitment to full transparency, including effective and proactive communication with the FAA, other global regulators and its customers.”
In quotes
Lawrence W. Kellner of The Boeing Company states
“On behalf of the entire Board of Directors, I am pleased that Dave has agreed to lead Boeing at this critical juncture,”
“Dave has deep industry experience and a proven track record of strong leadership, and he recognizes the challenges we must confront. The Board and I look forward to working with him and the rest of the Boeing team to ensure that today marks a new way forward for our company.”
David L. Calhoun adds
, “I strongly believe in the future of Boeing and the 737 MAX. I am honored to lead this great company and the 150,000 dedicated employees who are working hard to create the future of aviation.”
The challenge remains
Boeing still has challenges to bring the 737 MAX back into service – as well as resuming production of the type. And it’s going to be a big one as the airframer works with authorities to re-certify the aircraft, to – let alone any other challenge the company faces.
And the willingness to address the challenges must come from the top. That may require culture changes and a steering the company through some choppy waters.
And whilst the Boeing 737 MAX isn’t the be all and end all of the companies problems (see the issues they’re having with the KC-46 and getting them out of the door), it’s a significant chunk of the work at Boeing that needs to be addressed.
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