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Boeing CEO David Calhoun Steps Down Amid Management Reshuffle

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Source: The New York Times
Boeing CEO David Calhoun Steps Down Amid Management Reshuffle
Photo: The New York Times
TL;DR

Boeing's CEO, David Calhoun, will step down at the end of 2024 as part of a major management reshuffle, while Stan Deal, head of the commercial planes division, will retire immediately. The company's chairman, Larry Kellner, will not stand for re-election. This comes as Boeing grapples with safety crises, including a recent incident involving a Max 9 plane. The Federal Aviation Administration has grounded similar planes and imposed limits on Boeing's production increase, while an audit found lapses in Boeing's Max production.

Topics:top-newsbusiness#aircraft-maker#boeing#business#david-calhoun#management-reshuffle#safety-crisis
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  1. David Calhoun, Boeing C.E.O., to Step Down in Management Reshuffle  The New York Times
  2. Boeing CEO Dave Calhoun to step down  Yahoo Finance
  3. Releases  MediaRoom - News Releases/Statements
  4. Boeing CEO Dave Calhoun to Step Down in Wake of 737 Max Struggles  The Wall Street Journal
  5. Boeing CEO Dave Calhoun steps down amid turmoil  Fox Business

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