"Boeing's CEO Succession: A Long-Term Structural Shift Amid Scandal and Transition"

Boeing is in search of a new CEO as current chief executive Dave Calhoun plans to step down by the end of 2024. Citi Managing Director Jason Gurksy believes the leadership change is predictable and thoughtful, emphasizing the need for a methodical search to de-risk the company amid ongoing federal investigations and the need to increase production rates. The company is expected to consider both internal and external candidates for the CEO position, with a focus on strong engineering and manufacturing leadership. Despite the challenges, Gurksy remains bullish on Boeing's long-term prospects due to the industry's large backlogs and demand from customers.