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Boeing CEO David Calhoun will step down from the embattled plane maker at the end of the year as part of a broader management shakeup after a series of mishaps at one of America’s most storied manufacturers.
Stan Deal, president and CEO of Boeing’s commercial airplanes unit, will retire immediately, with Stephanie Pope, the company’s chief operating officer, will lead the division.
The company said board Chairman Lawrence Kellner does not plan to stand for re-election in May.
Boeing CEO to step down in management shake-up as manufacturing issues plague storied plane maker
Boeing is under intense scrutiny over its manufacturing process. CEO Dave Calhoun will step down at the end of the year.
apnews.com
Stan Deal, president and CEO of Boeing’s commercial airplanes unit, will retire immediately, with Stephanie Pope, the company’s chief operating officer, will lead the division.
The company said board Chairman Lawrence Kellner does not plan to stand for re-election in May.