Boeing CEO Dave Calhoun will leave the troubled aircraft maker by the end of this year, the company announced Monday.
His resignation comes amid Boeing’s biggest safety crisis since the crashes of two Max 8 jets in 2018 and 2019.
Larry Kellner, chairman of Boeing’s board of directors, is also retiring.
He will be replaced by former Qualcomm CEO Steve Mollenkopf, who will lead the search for Calhoun’s successor. financial times report.
In a third significant change, Boeing announced that Stan Deal, the head of its commercial aircraft division who has been at the center of the group’s recent crisis, will be retiring with immediate effect.
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He will be succeeded by Stephanie Pope, the company’s chief operating officer.
The company has been under pressure since a plane door panel was blown off mid-air in January.
No one was injured in the incident, but the company’s safety record has come under renewed scrutiny.
Calhoun assumed the chief executive role in early 2020 after former president Dennis Muilenburg was fired following two Boeing 737 Max 8 crashes that claimed the lives of 346 people on board. was appointed.
“The world’s eyes are on us, and I’m confident we will emerge from this moment a better company,” Calhoun said Monday.
Boeing shares rose more than 3% in premarket trading Monday.
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