Dave Calhoun.
Aaron Schwartz/NurPhoto via Getty Images
Boeing CEO Dave Calhoun will step down at the end of 2024, the company said Monday.Calhoun has faced huge scrutiny over the Alaska Airlines 737 Max door blowout in January.Boeing’s chair Larry Kellner and its commercial planes head Stan Deal are also leaving.
Boeing CEO Dave Calhoun announced Monday he will resign at the end of the year.
The planemaker has faced increased scrutiny since the Alaska Airlines blowout on January 5.
The overhaul of Boeing’s top management also extends to the chairman, Larry Kellner, and the CEO of its commercial airplanes division, Stan Deal.
Deal will retire from the company effective Monday, the company said in a news release. He will be replaced by Stephanie Pope, the chief operating officer. Kellner, the chair of the board since 2019, won’t stand for reelection at the upcoming annual shareholder meeting.
In a letter to employees, Calhoun said: “It has been the greatest privilege of my life to serve Boeing.”
“The eyes of the world are on us, and I know that we will come through this moment a better company,” he added.
“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.”
More follows …
