🛫Boeing CEO David Calhoun will step down from his position by the end of 2024.
👥Other executives, including Larry Kellner and Stan Deal, will be retiring or not seeking re-election.
⚙️The Alaska Airlines flight 1282 incident was a watershed moment for Boeing.
🔍The transitionary process will result in significant changes at Boeing.
🔎The search for a new CEO is underway.
Why is David Calhoun stepping down as Boeing CEO?
—David Calhoun stated that the Alaska Airlines flight 1282 incident was a watershed moment for the company, and he believes it is the right time for a CEO transition.
Who are the other executives retiring or not seeking re-election?
—Larry Kellner, the current Chairman of the Board, will not seek re-election, and Stan Deal, the current president and CEO of Boeing Commercial Airplanes, has announced his retirement.
What changes can be expected at Boeing?
—The transitionary process will result in a number of changes at Boeing, including the search for a new CEO.
What was the Alaska Airlines flight 1282 incident?
—The Alaska Airlines flight 1282 incident involved a door plug blowing out from a Boeing 737 MAX 9, which had significant repercussions for Boeing.
What is the status of the search for a new CEO?
—The search for a new CEO is currently underway.
00:02Boeing CEO David Calhoun will step down from his position by the end of 2024.
00:22The Alaska Airlines flight 1282 incident was a watershed moment for Boeing.
01:02Larry Kellner, the current Chairman of the Board, will not seek re-election.
01:47Stan Deal, the current president and CEO of Boeing Commercial Airplanes, has announced his retirement.
02:26Increased oversight has led to output reductions and delivery delays for airlines.
