Boeing CEO Resigns Amid Safety Concerns and Ongoing Investigations

Boeing CEO Steps Down Amid Crisis

Boeing CEO Dave Calhoun has announced that he will resign from his position by the end of 2024. The chairman of the company’s board, Larry Kellner, will also step down, with Steve Mollenkopf taking over as chairman. In addition to these changes, Stan Deal, CEO of the Commercial Airplanes business unit, will be retiring.

Calhoun has been serving as CEO since 2020 and made the decision to resign himself in an interview with CNBC. While no reason for his departure was specified in Boeing’s press release, the company has been facing scrutiny in recent months due to safety issues with its aircraft. Several incidents have occurred, including the loss of parts during flights and emergency landings. The US Department of Justice has initiated a criminal investigation into one of these incidents.

Despite these challenges, Boeing remains committed to ensuring the safety and reliability of its aircraft. The company continues to work towards addressing any issues that may arise and maintaining the trust of its customers and stakeholders. With Calhoun stepping down, it is unclear who will take on the role of CEO in 2025, but Boeing is expected to continue its focus on improving safety measures and maintaining customer satisfaction.

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