Boeing is facing a significant upheaval as three of its top executives are set to depart the company. Firstly, CEO Dave Calhoun has announced that he will step down at the end of 2024. Secondly, board chair Larry Kellner has declared that he will not seek re-election at the upcoming shareholder meeting. Lastly, head of commercial airplanes Stan Deal is retiring from the company effective Monday.
The decision to leave comes after Boeing has been under increased scrutiny due to quality control issues that were exposed after a piece of an Alaska Airlines jet fell off during a flight in January. The incident prompted the need for new leadership, and Calhoun’s departure marks the beginning of a new chapter for the company.
Calhoun is highly respected for his operational skills, direct communication style, and crisis management expertise. He joined Boeing’s board of directors ten years ago and took over as CEO in 2020. His departure will leave a significant void in the company’s leadership team, but it is hoped that his successor will be able to bring fresh perspectives and ideas to help Boeing navigate its ongoing challenges.
Stan Deal, who was head of commercial airplanes, is also retiring from the company on Monday. His departure marks another major shakeup within Boeing’s leadership team. However, it remains unclear who will replace him or whether there will be any other changes to Boeing’s executive team in the near future.
As this situation continues to unfold, updates will be provided as more information becomes available. It remains to be seen how Boeing will fare without its top executives in place, but one thing is clear – this major shakeup marks a turning point for the company’s future direction.
