Stephanie Pope, Dave Gitlin and Patrick Shanahan are among possible contenders to take over as CEO as the aircraft maker struggles to restore confidence.
| Boeing had already shaken up its leadership twice in recent months, naming its first ever chief operating officer in December and then, in February, ousting the head of its 737 Max programme after a door panel blew off an Alaska Airlines flight midair., underscoring its struggle to contain a crisis that has left regulators, investors and customers questioning its safety record.
A director at Boeing since 2020, Mollenkopf is no stranger to corporate upheaval. While at Qualcomm, the company faced lawsuits from the US Federal Trade Commission, a hostile takeover bid and pressure from activist shareholders. Boeing’s Renton factory, where it builds the Max, is just outside Seattle. The most important thing Boeing could do was to change the management there, O’Leary added, calling it “too full of sales guys”.
O’Leary said he had not yet worked with Pope, who became chief operating officer in January and who has been considered a key contender for the top job. She has a strong record of delivering profits at Boeing’s services business while both the commercial and defence divisions floundered.“She has come from the finance side, which I think is a good starting point,” O’Leary said. “They are the people with an eye for detail and the attention span for the logistics.
Shanahan spent three decades at Boeing and helped get assembly of the 787 Dreamliner back on track when it was beset by delays. He was tapped during then-president Donald Trump’s administration as acting head of the Department of Defence. Calhoun’s impending departure means Pope “has some nine months to instil meaningful behaviour changes in the commercial aircraft unit that eluded her predecessors for nearly five years”, Owens at Morningstar noted.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Boeing CEO Dave Calhoun to step down in wake of cabin panel blowoutCalhoun announces plans to resign amid biggest safety crisis for Boeing since crashes of two of its Max 8 jets in 2018 and 2019
Read more »
Boeing CEO Dave Calhoun will step down at the end of 2024, company announcesBoeing CEO Dave Calhoun will leave the embattled plane manufacturer at the end of the year, the company has announced.
Read more »
Boeing 737 safety crisis: CEO Dave Calhoun to step downThe aircraft maker Boeing will part ways with its CEO, chairman and head of commercial airplanes as it tries to weather a long-running crisis over its 737 Max jets.
Read more »
Boeing CEO to step down in wake of ongoing safety problemsBoeing CEO David Calhoun will step down from the embattled plane maker at the end of the year after a series of mishaps at one of America’s most storied manufacturers.
Read more »
Boeing CEO to step down in wake of ongoing safety problemsBoeing CEO David Calhoun will step down from the embattled plane maker at the end of the year after a series of mishaps at one of America’s most storied manufacturers.
Read more »
Boeing CEO to step down in wake of ongoing safety problemsBoeing CEO David Calhoun will step down from the embattled plane maker at the end of the year after a series of mishaps at one of America’s most storied manufacturers.
Read more »