Dave Calhoun, the CEO of Boeing, will step down as the company faces a safety issue.

By flymultimediaghana Mar25,2024
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A growing crisis over the company’s safety record surrounds the departure of Boeing CEO Dave Calhoun at the end of this year.

Dave Calhoun, the CEO of Boeing, will step down as the company faces a safety issue.
Dave Calhoun, the CEO of Boeing, will step down as the company faces a safety issue.
Additionally, Boeing announced that its chairman will not run for reelection and that the chief of its commercial airline segment will leave immediately.

Following the January blowout of an unused door on a Boeing 737 Max shortly after takeoff, the company is facing criticism.

Although there were no injuries, the company’s quality control and safety procedures were once again scrutinized.

A lot of commentators felt that Boeing needed a new leadership team.

Equity analyst Stewart Glickman of CFRA Research stated, “A shake-up at the top is necessary,” and added that he thought the current situation was caused by issues with the company’s corporate culture that could only be resolved by new insight.

“I don’t think you can change the culture with internal voices because I think this has been the modus operandi for this company for too long.”

Early in 2020, Mr. Calhoun assumed the position of chief executive, succeeding Dennis Muilenburg, who had been fired following one of the largest scandals in Boeing’s history.

Two brand-new 737 Max aircraft went down in nearly identical crashes within five months, killing 346 passengers and crew members.

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