From CNBC: 2024-03-26 10:28:20

Boeing faces leadership shakeup amid ongoing struggles with safety and production. CEO Dave Calhoun is stepping down, along with board Chair Larry Kellner and Stan Deal, chief executive of commercial airplanes. Calhoun’s replacement search begins as Boeing grapples with quality issues and customer frustrations, seeking a new leader with manufacturing expertise and ability to rally employees.

Potential candidates to lead Boeing include General Electric CEO Larry Culp, Spirit AeroSystems interim CEO Pat Shanahan, Carrier Chairman and CEO David Gitlin, and Boeing’s own Stephanie Pope. Analysts praise Boeing for giving ample time to find Calhoun’s replacement, emphasizing the need for a leader with experience in manufacturing and aviation to address the company’s internal challenges and regain lost market share.

Financial analysts and industry experts support the decision of Boeing to replace CEO Dave Calhoun due to the company’s ongoing struggles with safety and production quality. The search for Calhoun’s successor is critical as Boeing faces challenges in addressing supply chain issues, quality lapses, and more regulator scrutiny impacting airplane deliveries and customer growth and fleet plans. The new leader must bring a culture of safety, consistency, innovation, and aviation expertise to guide Boeing through its current difficulties and strengthen its market position against competitors.



Read more at CNBC: Here’s who could replace Calhoun at the plane maker