Boeing CEO Dave Calhoun to resign by the end of the year

As the Boeing CEO, Dave Calhoun has announced his departure from the company at the end of 2024. This decision comes after the company is facing the aftermath of the 737 Max crisis, which has caused significant damage to its reputation. Calhoun was appointed to lead the company in 2020 and will guide it through a crucial year of work to stabilize and position it for future success.

In addition to Calhoun’s departure, Boeing has announced changes in its management team. Stan Deal, who heads Boeing Commercial Airplanes (BCA), will also step down immediately, with Stephanie Pope replacing him as chief operating officer. Pope has been overseeing Boeing’s business units and has experience in managing complex projects and teams.

Independent Board Chair Larry Kellner has also announced plans to resign, with Steve Mollenkopf taking his place as a director since 2020. Mollenkopf will lead the process of selecting Boeing’s next CEO.

In a letter to employees on Monday, Calhoun addressed a recent incident involving Alaska Airlines Flight 1282 where a door plug blew off at 16,000 feet. He described this as a “watershed moment” for Boeing and emphasized that safety, quality, and transparency are critical values that the company must uphold. The management changes come as Boeing faces pressure from regulators to address quality issues discovered in an audit of 737 Max manufacturing processes. Despite these challenges, Calhoun expressed confidence that Boeing would emerge from this period stronger than ever before, having learned valuable lessons from rebuilding itself over the past few years.

Calhoun stepped down as CEO at the end of 2024 after leading the company through a year of crucial work aimed at stabilizing and positioning it for future success.

As part of its efforts to improve its reputation, Boeing announced changes in its management team on Monday. These changes include Dave Calhoun stepping down as CEO at the end of 2024 and Stan Deal stepping down immediately as head of Boeing Commercial Airplanes (BCA). Stephanie Pope will replace Deal as chief operating officer while also overseeing performance across all business units including BCA, BDS&SSS & GS.

The decision came amid growing pressure from regulators to address quality issues discovered in an audit of 737 Max manufacturing processes.

In his letter to employees on Monday, Calhoun called this “a watershed moment” for Boeing and emphasized that safety remains a critical value for the company moving forward.

Despite these challenges, Calhoun expressed confidence that by building on lessons learned over the past few years

By Samantha Johnson

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