Boeing CEO Dave Calhoun to Step Down Following Recent Safety Incidents

Boeing CEO Dave Calhoun is stepping down from his position at the end of the year, announced by the company. The chairman of the board, Larry Kellner, also stated that he will not run for re-election at the next shareholders meeting. Steve Mollenkopf will be taking over as the independent president and will lead the process of selecting the next CEO.

The decision to step down comes after a series of setbacks at Boeing, including an investigation by the Federal Aviation Administration into a 737-9 (MAX) aircraft of Alaska Airlines, where part of the fuselage detached during a flight. The US Government had previously ordered the grounding of all Boeing 737-9 (MAX) planes until safety concerns were addressed.

In a letter to employees, Calhoun referred to the Alaska incident as a “turning point” for Boeing and emphasized the need for transparency and a commitment to safety and quality. Despite facing challenges, Calhoun expressed confidence that Boeing would be able to overcome this crisis even without him as CEO. He had been considering a CEO transition for some time now and believes his tenure at Boeing will come to an end once all necessary work is completed. While he did not directly link his departure to

By Samantha Johnson

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