Page 22 - Larry Kellner News Today

Boeing announced Monday that CEO Dave Calhoun plans to step down at the end of 2024 as part of a management shakeup amid investigations into the aerospace giant’s safety procedures.

Board Chair Larry Kellner has also told the company he doesn't plan to stand for re-election.

Dave Calhoun will step down as the head of the aerospace manufacturer in May, after a series of safety issues raised concerns about quality control for their planes.

Boeing CEO Dave Calhoun will step down from the embattled plane maker at the end of the year.

After several difficult months, Boeing announced its embattled chief executive will step down at the end of this year. In January, an Alaska Airlines 737 Max had an in-flight door plug blowout.

Boeing Co. Chief Executive Officer Dave Calhoun is leaving the embattled planemaker, stepping down with the company’s chairman and head of commercial airplanes as it struggles to contain a manufacturing quality and safety crisis amid regulatory scrutiny.

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...

Boeing CEO Dave Calhoun will step down from the embattled plane maker at the end of the year after a series of mishaps at one of America's most storied manufacturers.

Shares of The Boeing Company (BA) are on the rise Monday morning following the announcement that both its Chief Executive Officer and Chairman will step down this year amidst the 737 Max safety crisis.

Boeing's chief executive Dave Calhoun will leave the giant planemaker that constructs many of the world's passenger airliners by the end of this year, the company has announced in a press release.