Boeing CEO Resigns Amid Crisis In Aircraft Manufacturer

Boeing has announced that its CEO, Dave Calhoun, has resigned from his position, bringing changes to the company’s leadership. The chairman of the board, Larry Kellner, also stepped down, and Steve Mollenkopf was appointed as the new chairman. In addition, Stan Deal, the CEO of the Commercial Airplanes business unit, will retire.

Calhoun has been serving as CEO since 2020 but has not specified a reason for his departure in a press release. However, in an interview with CNBC, he stated that he made the decision to resign himself. Boeing has faced increased scrutiny in recent months due to safety issues with its aircraft. Several incidents involving Boeing planes have raised concerns, including a criminal investigation by the US Department of Justice.

One such incident involved a Wall Street Journal report of malfunctions mid-flight on a Boeing 737 Max model. Additionally, there were instances of landing gear problems and runway incidents involving Boeing aircraft. Despite these challenges, Boeing continues to prioritize passenger safety and improve the reliability of its aircraft to maintain high standards of performance.

By Riley Johnson

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