Leadership Changes at Boeing: CEO Dave Calhoun Announces Retirement

🔍Boeing CEO Dave Calhoun is retiring at the end of the year, triggering a search for a new CEO.

🌐Steve Mollenkopf will be the new Chairman and will lead the search for the next CEO.

💼Calhoun emphasizes the need for someone experienced in long-cycle businesses to handle Boeing's development and production.

✈️Stan Deal steps down as President and CEO of Boeing Commercial Airplanes, and Stephanie Pope takes over as the new CEO.

🛫Boeing is facing manufacturing problems, quality control issues, and safety concerns that need to be addressed.

Why is Dave Calhoun retiring?

—Calhoun is retiring because he will be close to 68 years old at the end of the year, and he had always planned to give the board plenty of notice for succession planning.

Who will be the new Chairman of Boeing?

—Steve Mollenkopf will be the new Chairman of Boeing.

What qualities should the next CEO of Boeing have?

—The next CEO of Boeing should have experience in handling long-cycle businesses and be capable of developing and producing the next airplane for the company.

Who is taking over as CEO of Boeing Commercial Airplanes?

—Stephanie Pope will take over as the CEO of Boeing Commercial Airplanes.

What challenges is Boeing currently facing?

—Boeing is currently facing manufacturing problems, quality control issues, and safety concerns.

00:08Boeing CEO Dave Calhoun announces his retirement at the end of the year, triggering a CEO search.

00:17Steve Mollenkopf becomes the new Chairman and will lead the search for the next CEO.

00:33Calhoun emphasizes the need for someone experienced in long-cycle businesses to handle Boeing's development and production.

02:31Stan Deal steps down as President and CEO of Boeing Commercial Airplanes.

02:38Stephanie Pope takes over as the new CEO of Boeing Commercial Airplanes.