Dave Calhoun, the CEO of Boeing, has announced his decision to step down at the end of 2024. This announcement comes in the wake of a series of safety issues that have plagued the company, particularly concerning its 737 Max planes. The door on an Alaska Airlines flight, which was a 737 Max model, came loose mid-air, spotlighting larger issues with the company’s planes.
Calhoun stated that the Alaska Airlines Flight 1282 accident was a watershed moment for Boeing. He also revealed that several other Boeing executives would be stepping down, including the Commercial Airplanes President and CEO, Stan Deal, and Board Chair, Larry Kellner.
The departure of Boeing’s upper management comes as the company faces a crisis in public trust over quality issues. An internal investigation found many of Boeing’s planes had loose bolts. Major airlines have requested to speak with the manufacturer about its strategy for addressing its quality control issues. The Federal Aviation Administration (FAA) concluded there was no objective evidence of a foundational commitment to safety at Boeing.
This leadership change is expected to address the large concerns around Boeing’s safety that have been prevalent for years. The company hopes that a C-suite shuffle will help address these issues.
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