Brief by Shorts91 Newsdesk / 01:29pm on 25 Mar 2024,Monday Business
Boeing CEO Dave Calhoun will step down by year-end amidst a safety crisis triggered by a mid-air panel blowout incident. Stan Deal, Boeing Commercial Airplanes President, will retire, and Stephanie Pope will assume leadership. Steve Mollenkopf is appointed as the new board chair. The company faces regulatory scrutiny after an Alaska Airlines flight incident. US airline CEOs expressed frustration, seeking meetings with Boeing directors. Talks of acquiring former subsidiary Spirit AeroSystems are underway.
