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Boeing changes retirement age to keep CEO at the helm

Airline Ratings Photo: Boeing US aerospace giant Boeing has been criticized for extending the standard retirement age for directors from age 65 to 70 to allow CEO David Calhoun to potentially stay at the helm until 2028. Calhoun, who has been president and chief executive of the company since he took over from beleaguered predecessor Dennis A. Muilenburg in January 2020, turned 64 this year and the board cited his performance so far and the need for continuity as reasons for the decision. The move was slammed by lawyers representing families of victims of one of two 737 MAX crashes that took the lives of 346 people and saw the aircraft grounded for more than 18 months.

Boeing announces leadership updates

Boeing announces leadership updates Executive VP, Enterprise Operations and CFO Gregory D. Smith to retire from the company Boeing is conducting a search for Mr. Smith’s successor The Boeing Company today announced that its Board of Directors has extended the company’s age-65 standard retirement to age 70 for President and Chief Executive Officer (CEO) David L. Calhoun. Mr. Calhoun, 64, has served as Boeing’s President and CEO since Jan. 13, 2020. “Under Dave’s strong leadership, Boeing has effectively navigated one of the most challenging and complex periods in its long history,” said Boeing Chairman Larry Kellner. “His dedication to renewing the company’s commitment to safety, quality and transparency has been critical in building regulator and customer confidence as Boeing returns the 737 MAX to service. And, in the face of unprecedented challenges brought on by the global pandemic, he has taken proactive actions to ensure Boeing remains strongly positioned for the recovery in the aviation industry. Given the substantial progress Boeing has made under Dave’s leadership, as well as the continuity necessary to thrive in our long-cycle industry, the Board has determined that it is in the best interests of the company and its stakeholders to allow the Board and Dave the flexibility for him to continue in his role beyond the company’s standard retirement age.”

Boeing Extends Mandatory CEO Retirement Age

Author Bio Lou has followed the markets for more than two decades, developing extensive contacts including industry leaders, consultants, regulators, and labor representatives. He spends a lot of time these days focused on the industrials and financials. When not arguing on Twitter or writing about the markets, Lou spends his free time out in nature, complaining online about the Baltimore Orioles or Watford FC, or listening to early 1990s alt rock. Follow @louwhiteman Boeing's (NYSE:BA) long-serving chief financial officer will retire this summer, but the aerospace giant is taking steps to make sure CEO Dave Calhoun doesn't quickly follow him out the door.

Maplewood Senior Living welcomes professionals to Princeton team

Maplewood Senior Living Welcomes Three Seasoned Professionals To The Team At New Princeton Community

Maplewood Senior Living Welcomes Three Seasoned Professionals To The Team At New Princeton Community The senior living provider fills three director-level roles in anticipation of the brand new community's opening this summer; Announces exclusive 'Founder's Club' benefits program extended to early depositors of Maplewood at Princeton News provided by Share this article Share this article PRINCETON, N.J., March 17, 2021 /PRNewswire/ -- Maplewood Senior Living is pleased to announce the hiring of Lisa Williams as Executive Director, Michael Tucker as Director of Business Development and Leslie Conover as Community Relations Director to the provider's new Princeton, NJ location. Located on the campus of Penn Medicine-Princeton Health, Maplewood at Princeton is set to open this summer and will offer assisted living, memory care and short-term care options to the greater Princeton area.

Maplewood Senior Living Welcomes Three Seasoned Professionals To The Team At New Princeton Community

Maplewood, Omega deliver luxury tower for NYC seniors

Inspīr Carnegie Hill billed as next-generation urban luxury for seniors

Maplewood Senior Living And Omega Healthcare Investors Announce Official Opening Of Inspīr Carnegie Hill On Manhattan's Upper East Side

Press release content from PR Newswire. The AP news staff was not involved in its creation. Maplewood Senior Living And Omega Healthcare Investors Announce Official Opening Of Inspīr Carnegie Hill On Manhattan’s Upper East Side March 10, 2021 GMT Photo: Evan Joseph NEW YORK, March 10, 2021 /PRNewswire/ -- Maplewood Senior Living and Omega Healthcare Investors, Inc. (NYSE: OHI) today announced the official opening of Inspīr Carnegie Hill, the new luxury senior living community on Manhattan’s Upper East Side. Inspīr Carnegie Hill is a next-generation concept for urban senior living on a luxury level, offering residents a transformative, one-of-a-kind experience made possible by combining expertise and insights from the residential, hospitality and healthcare industries. Featuring state-of-the-art spaces, exceptional care, intelligent technology and immersive experiences, Inspīr Carnegie Hill has curated an environment and lifestyle that supports a philosophy of vibrant, intentional living and meaningful connection based on Nine Core Elements. These elements are grounded on lifestyle commonalities found in areas around the world, known as blue zones, where people live longer, happier lives.

Maplewood Senior Living Recognized Among Nation's Top Providers With Five Communities Selected As 2021 Best Of Assisted Living Award Winners

Maplewood Senior Living Recognized Among Nation's Top Providers With Five Communities Selected As 2021 Best Of Assisted Living Award Winners The senior living provider also received "Customer Engagement" recognition, which is awarded to companies with more than four winning communities News provided by Share this article Share this article WESTPORT, Conn., Jan. 26, 2021 /PRNewswire/ -- Maplewood Senior Living is pleased to announce that five of its communities across Connecticut, Massachusetts and Ohio were selected as 2021 Best of Assisted Living Award Winners by SeniorAdvisor.com, a large ratings and reviews site for senior care and services in North America. All three of Maplewood's Ohio communities – Maplewood at Chardon, Maplewood at Cuyahoga and Maplewood at Twinsburg – as well as one community in Connecticut, Maplewood at Newtown, and one in Massachusetts, Maplewood at Weston, are among these.