Stories
Slash Boxes
Comments

SoylentNews is people

posted by hubie on Wednesday March 27, @08:11AM   Printer-friendly
from the perhaps-it's-still-better-to-see-the-USA-in-your-Chevrolet dept.

Boeing CEO Dave Calhoun to step down as part of management shakeup at embattled plane maker:

Boeing Co CEO Dave Calhoun will step down by year-end, in a broad management shakeup brought on by the plane maker's sprawling safety crisis stemming from a January mid-air panel blowout on a 737 Max plane.

The plane maker also said that Stan Deal, Boeing Commercial Airplanes President and CEO, would retire, and Stephanie Pope would lead that business. Steve Mollenkopf has been appointed the new chair of the board.

The leadership change caps weeks of turmoil at Boeing, after the mid-air incident involving an Alaska Airlines-operated Max 9 jet carrying 171 passengers turned into a full-blown safety and reputational crisis for the iconic plane maker.

The company is facing heavy regulatory scrutiny and U.S. authorities curbed production while it attempts to fix safety and quality issues. The company is in talks to buy its former subsidiary Spirit AeroSystems to try to get more control over its supply chain.

[...] Since Calhoun took the reins, the company has endured ongoing delays to production. Still, in October, Calhoun was upbeat over how fast Boeing could raise output of its Max jets, saying Boeing would get back to 38 jets a month and was "anxious to build from there as fast as we can."

But weeks after the mid-air cabin panel blowout in January, Calhoun said it's time to "go slow to go fast."

The company's crisis has frustrated airlines already struggling with delivery delays from both Boeing and its rival Airbus, and the plane maker has been burning more cash than expected in this quarter than expected.

"For years, we prioritized the movement of the airplane through the factory over getting it done right, and that's got to change," West said last week.


Original Submission

 
This discussion was created by hubie (1068) for logged-in users only, but now has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 1, Informative) by Anonymous Coward on Thursday March 28, @04:12PM

    by Anonymous Coward on Thursday March 28, @04:12PM (#1350709)

    How will that help? The previous one had some engineering background and was in charge when the 737 MAX was built.

    https://en.wikipedia.org/wiki/Dennis_Muilenburg [wikipedia.org]

    He graduated in 1982 from Sioux Center High School in Sioux Center, Iowa.[6] He received a bachelor's degree in Aerospace Engineering from Iowa State University, followed by a master's degree in Aeronautics and Astronautics from the University of Washington.[7]

    On December 23, 2019, Boeing announced that Muilenburg resigned as the CEO and board director, in the aftermath of the two crashes of 737 MAX aircraft. Although he forfeited stock worth $14.6m, Muilenburg was contractually entitled to receive $62.2m in stock and pension awards.[18]

    Starting Score:    0  points
    Moderation   +1  
       Informative=1, Total=1
    Extra 'Informative' Modifier   0  

    Total Score:   1