The CEO of Boeing will retire this year, along with the departure of the board chairman and the retirement of the head of commercial airplanes.
At the conclusion of this year, Dave Calhoun, the chief executive officer of Boeing, will resign from the troubled company following a string of incidents at one of the most renowned manufacturers in the United States.
The Chairman of the Board, Larry Kellner, has informed the company of his intention to not seek re-election.
On Monday, Boeing announced that Stan Deal, the president and CEO of their commercial airplanes division, will be leaving the company. Stephanie Pope will now take over as the division’s leader.
The Federal Aviation Administration is closely examining the company and has requested an investigation of production processes at a Boeing factory located near Seattle. This factory is responsible for constructing aircrafts such as the Alaska Airlines 737 Max, which experienced a door-panel malfunction on January 5th.
The NTSB is examining the fuselage plug area of Alaska Airlines Flight 1282 Boeing 737-9 MAX that had to make an emergency landing due to a gap in the fuselage. This investigation took place in Portland, Oregon on January 7, 2024, and a photo was provided by the NTSB through Reuters.
According to investigators, bolts that secure the panel were absent following repair work at the Boeing factory. This incident has led to increased scrutiny of Boeing, reaching a level not seen since the fatal crashes of two Boeing 737 Max aircrafts in 2018 and 2019 resulting in the loss of 346 lives.
Stock prices increased by over 2% prior to the start of trading.
Source: voanews.com
