Boeing CEO Resigns Amid Increased Scrutiny and Safety Issues

Boeing CEO Resigns Amid Crisis In Aircraft Manufacturer

Boeing is facing increased scrutiny due to safety issues with its aircraft, and the CEO of the company, Dave Calhoun, has announced his decision to resign from his position. The reason for his departure was not specified in the company’s press release, but in an interview with CNBC, Calhoun stated that he made the decision to resign himself.

Calhoun has been serving as CEO of Boeing since 2020. Several incidents involving Boeing planes have raised concerns, including a Wall Street Journal report of a criminal investigation by the US Department of Justice. These incidents include planes experiencing malfunctions mid-flight, such as the loss of a part of the wall of a Boeing 737 Max model. Additionally, there have been instances of landing gear problems and runway incidents involving Boeing aircraft.

Despite these challenges, Boeing continues to address safety concerns and prioritize the well-being of passengers. The company is working towards maintaining and improving the safety and reliability of its aircraft to ensure the highest standards of performance. Larry Kellner has also stepped down as chairman of the board, and Steve Mollenkopf will be appointed as his replacement. Stan Deal will also retire as CEO of the Commercial Airplanes business unit.

Sophia Reynolds

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