Boeing CEO to exit in broad management shakeup as manufacturing issues plague storied plane maker
A leadership shake-up at Boeing is highlighting the difficult path facing the iconic aircraft manufacturer as it tries to navigate through another safety crisis. CEO David Calhoun announced Monday that he would retire at the end of the year. The head of the company’s commercial airplanes unit was replaced immediately by a fast-rising insider. In a third high-profile decision, Boeing said the chairman of its board won’t stand for reelection in May. Boeing has been under intense pressure since a panel blew off a new Alaska Airlines 737 Max on Jan. 5. Fallout from the blowout has put ...