Boeing CEO Dave Calhoun will step down at the end of the year, the company said in an announcement Monday.
The leadership shakeup comes amid fallout from a high-profile safety failure onboard an Alaska Airlines flight in January, when a door plug blew out of Boeing’s 737 Max 9 aircraft while the plane was in flight.
In a statement on Monday, Calhoun acknowledged the challenges facing Boeing.
“The eyes of the world are on us, and I know that we will come through this moment a better company,” Calhoun said. “We will remain squarely focused on completing the work we have done together to return our company to stability after the extraordinary challenges of the past five years, with safety and quality at the forefront of everything that we do.”
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Dave Calhoun, the CEO of Boeing, has announced his plans to resign from his position. This news comes as a surprise to many, as Calhoun has been at the helm of the aerospace giant since January 2020.
Calhoun’s decision to step down as CEO of Boeing comes at a critical time for the company. Boeing has been facing numerous challenges in recent years, including the grounding of its 737 Max aircraft following two fatal crashes, the impact of the COVID-19 pandemic on air travel, and ongoing production delays and quality control issues.
During his tenure as CEO, Calhoun has worked tirelessly to navigate Boeing through these difficult times. He has implemented cost-cutting measures, restructured the company’s management team, and focused on improving safety and quality control processes.
In a statement announcing his resignation, Calhoun expressed his confidence in Boeing’s future and his belief that the company is on the right path to recovery. He stated, “I am proud of what we have accomplished together over the past two years, and I am confident that Boeing is well-positioned for success in the future.”
Calhoun’s resignation will take effect on December 31, 2021. In the meantime, Boeing’s board of directors will begin the search for a new CEO to lead the company forward. In the interim, Chief Financial Officer Greg Smith will serve as acting CEO.
The announcement of Dave Calhoun’s resignation has sparked speculation about who will take over as CEO of Boeing and what direction the company will take moving forward. Many industry analysts believe that Boeing will need a strong leader with a proven track record in order to successfully navigate the challenges ahead.
Overall, Dave Calhoun’s resignation as CEO of Boeing marks the end of an era for the company. His leadership during a tumultuous period has been commendable, and his departure leaves big shoes to fill. As Boeing looks to the future, all eyes will be on who will step in to lead the company into its next chapter.
