Page 9 - Larry Kellner News Today

Boeing announced Monday a leadership shakeup headlined by the departure of CEO Dave Calhoun as the aviation giant faces heavy scrutiny following safety incidents and manufacturing issues.

Aeroplane manufacturer Boeing has announced that Boeing Commercial Airplanes president and CEO Stan Deal has been replaced effective immediately and…

Decades of prioritizing profit over safety and quality have provoked a massive crisis within the former staple of American industrial power.

Dave Calhoun pledged to change the company’s toxic culture, but he had been part of it since 2009

Boeings new management faces a myriad of challenges — criminal investigations, eroding finances, regulatory scrutiny, market share losses to rival Airbus SE — along with a rare opportunity to shift Boeing away from the focus on cash that has driven its strategy for the past decade.

Boeing announced Monday a leadership shakeup headlined by the departure of CEO Dave Calhoun as the aviation giant faces heavy scrutiny following safety incidents and manufacturing issues.

Analysts from Benchmark and BofA Securities expressed their views on recent significant management changes and delivery concerns at Boeing. This week, David Calhoun, the CEO of Boeing, revealed the decision to step down along with chairman Larry Kellner in the wake of an investigation by federal authorities into the January incident when a door panel blew out in mid-flight.

Boeing CEO David Calhoun acknowledged that the mid-air blowout of an Alaska Airlines door panel was a watershed.

Boeings CEO Dave Calhoun to depart amidst safety scandal

Business News: Boeing announced sweeping changes to its leadership, including its chief executive officer, after a safety crisis spiralled in recent months.