WORLD Boeing CEO Muilenburg steps down, Chair David Calhoun named chief

WORLD

Boeing CEO Muilenburg steps down, Chair David Calhoun named chief

AFP

22:27, December 23, 2019

b69b6a21j00q2yyoy000oc000go00bec.jpg

File photo

Boeing on Monday replaced its embattled chief executive, Dennis Muilenburg, saying a change was needed as it attempts to restore its reputation amid the protracted 737 MAX crisis.

Boeing named Chairman David Calhoun as its chief executive, saying the company needed to "restore confidence" and "repair relationships with regulators, customers and all other stakeholders." 

The company pledged to "operate with a renewed commitment to full transparency, including effective and proactive communication with the FAA, other global regulators and its customers."

The aerospace giant's financial picture remains clouded following the global grounding of the MAX in March after two deadly crashes.

Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue