Page 14 - Larry Kellner News Today

The departure comes as airlines and regulators have been increasing calls for major changes at the company after a host of quality and manufacturing flaws on...

The aircraft maker Boeing will part ways with its CEO, chairman and head of commercial airplanes as it tries to weather a long-running crisis over its 737 Max jets.

The top executive at embattled plane maker Boeing will step down this year amid a broader shakeup of the company’s top leadership.

Calhoun and other execs are set to leave the company Boeing (NYSE: ) stock is in focus on news that CEO Dave Calhoun, Board Chairman Larry Kellner and…

The company has come under intense scrutiny over its manufacturing process following a door-panel blowout in January and two crashes in 2018 and 2019.

Boeing CEO Dave Calhoun will be stepping down at the end of the year from the top job at the company, which is under pressure from major airlines wanting to know how Boeing plans to fix problems in the manufacturing of its planes.

In a letter to staff, Boeing CEO Dave Calhoun writes the Alaska Airlines door blowout was a “watershed moment” for Boeing and that now is the “right time for a CEO transition.” Boeing will select a new CEO before Calhoun steps down later this year. Additionally, Boeing announced that its Commercial Airplanes CEO Stan Deal is retiring and will be replaced by Stephanie Pope starting today. The company’s board chair Larry Kellner will also not stand for reelection, with Steve Mollenkopf s...

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

A lot is at stake for Boeing as it navigates the fallout from the Alaska Airlines door plug incident, 737 Max issues, and mounting regulatory hurdles.

ABC NewsBoeing CEO Dave Calhoun will step down at the end of the year, the company said in an announcement Monday.The move comes amid fallout from a high-profile safety failure onboard an Alaska Airlines flight in January, when a door plug blew out of Boeings 737 Max 9 aircraft while the plane was in flight.In a statement on Monday, Calhoun acknowledged the challenges facing Boeing."The eyes of the world are on us, and I know that we will come through this moment a better company," Cal...