Boeing CEO Dave Calhoun to Step Down Alongside Other Executives

Contact Your Elected Officials
The Epoch Times Header

Some of the top Boeing executives will leave the company as the fallout of the Alaska Airlines incident continues.

Three senior Boeing executives, including CEO Dave Calhoun, are stepping down as the commercial airliner maker is embroiled in a deepening scandal over the quality of its products.

In a companywide message on March 25, Mr. Calhoun called it a “watershed moment” for Boeing when a door panel blew out on a 737-9 Max plane flown by Alaska Airlines in January.

“We must continue to respond to this accident with humility and complete transparency. We also must inculcate a total commitment to safety and quality at every level of our company,” he told Boeing employees.

“The eyes of the world are on us,” he said, referring to the increasing scrutiny from the public, government regulators, and flying industry over Boeing’s ability to make sure that its passenger jets are safe and functional.

While Mr. Calhoun expressed hope that Boeing will come through this particularly difficult period as a better company, he emphasized that both he and the board of directors believe that this is the “right time for a CEO transition.” As a result, 2024 will be the last year that he will act as the chief executive of the company.

“It has been the greatest privilege of my life to serve in both roles, and I will only feel the journey has been properly completed when we finish the job that we need to do,” Mr. Calhoun said. “We are going to fix what isn’t working, and we are going to get our company back on the track towards recovery and stability.”

The announcement of his departure, which will happen at the end of this year, was accompanied by some immediate leadership changes.

For one, Larry Kellner, Boeing’s board chairman, will not seek reelection for his position at the upcoming annual general meeting scheduled for April. According to Mr. Calhoun, after being the chairman for more than four years and 13 years on the company’s board, Mr. Kellner decided that it was an “appropriate moment” for him to turn over the reins.

The board has elected Steve Mollenkopf as the new chair. He is tasked with leading the process of finding a new chief executive for Boeing.

By Bill Pan

Read Full Article on TheEpochTimes.com

The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Kamala, Please Run Again

Kamala Harris hinted she wants to run for President in 2028, despite poor poll numbers and her loss in 2024. If she runs, the big winners will be the GOP.

Rosie O’Donnell vs. Her Therapist

Rosie O’Donnell's therapist attempted to artfully introduce to her client to the possibility that Rosie's outrage might be performative. It didn’t take.

Hamas’s Stubborn Grip on Arms Signals No Desire for Genuine Peace

Hamas’s rhetoric reflects its founding ideology, prioritizing armed resistance over civilian welfare or diplomatic progress.

Off the radar

In the longstanding and brutal ledger of religious persecution, Nigeria now occupies its own grim chapter with its enduring pogrom against Christians.

The New Jackboots? A Wake-Up Call on Antifa and Fascism

An analysis of whether Antifa truly opposes fascism by comparing its tactics and behavior to historical signs and movements of fascist regimes.

USDA Says SNAP Benefits Will Expire for 41 Million People If Shutdown Persists

More than 41 million Americans will go without food stamps next month if Congress does not vote to reopen the government in time.

Newsom Confirms He’s Considering 2028 Presidential Bid

California Gov. Gavin Newsom said he will seriously consider a presidential campaign after the 2026 midterms are over.

‘Showing Up in Droves’—Gen Z Trades Graduation Caps for Hard Hats

The share of Generation Z workers in the construction labor force more than doubled between 2019 and 2023, according to a recent report.

Dallas Doctor Surrenders License After Texas AG Sues for Prescribing Gender Transition Drugs to Minors

Doctor surrendered her medical license following lawsuit by Texas AG Paxton, accusing her of illegally prescribing gender transition drugs to minors.

Trump Hikes Canada’s Tariffs by 10 Percent for Not Pulling Anti-Tariff Ad Immediately

Trump announced he will increase tariffs on Canada by 10% after ad by provincial government of Ontario misrepresented President Reagan’s speech on tariffs.

Trump Rolls Back Emissions Rules on Copper Smelters

President Trump issued a proclamation aimed at reversing a Biden-era environmental rule that enforced stricter air emission standards on copper smelters.

Donor Gives $130 Million to Cover Shortfall in Troop Pay During Shutdown

Trump announced on Oct. 23 that an anonymous donor sent $130M to cover military pay during the ongoing government shutdown.

‘Frustration’ With Canada Led to Trump Scrapping Talks, Not Just Ontario’s Ad: US Official

President Trump cited Ontario’s TV ad as the reason for halting Canada trade talks, but officials say it stems from rising U.S. frustration with Ottawa.
spot_img

Related Articles

Popular Categories

MAGA Business Central