Boeing is set to undergo a significant leadership change as CEO Dave Calhoun announces his departure by the end of the year. This decision comes in the wake of a series of safety incidents and manufacturing challenges that have plagued the aerospace giant, notably the mid-air panel blowout on a 737 MAX plane in January.
In a heartfelt letter to employees, Calhoun emphasized the company's commitment to excellence, stating, \"The eyes of the world are on us, and I know that we will come through this moment a better company.\" He underscored the importance of prioritizing \"safety and quality at the forefront of everything that we do,\" signaling a renewed focus on addressing the issues that have impacted Boeing's reputation and operations.
Adding to the leadership transition, Board Chair Larry Kellner has also announced that he will not seek re-election, paving the way for new directions within the company's governance. These changes come as Boeing strives to rebuild trust and ensure the highest standards in its manufacturing and safety protocols.
The aerospace industry will be watching closely as Boeing navigates this period of transformation, aiming to restore confidence among customers, stakeholders, and the flying public.
Reference(s):
Boeing announces CEO Dave Calhoun will step down by year-end
cgtn.com