Boeing appoints Stephen Parker as CEO of defense and space unit to stabilize finances

From Yahoo Finance: 2025-07-01 09:07:00

Boeing appoints Stephen Parker as president and CEO of defense and space unit, aiming to rebuild reputation and stabilize finances. Parker, with 37 years at Boeing, took over in September. The unit has faced billions in losses, particularly from cost overruns. NASA’s Starliner setbacks have added to challenges. Former Lockheed Martin finance chief Jesus ‘Jay’ Malave named new CFO.



Read more at Yahoo Finance: Boeing taps veteran insider Parker to lead its defense and space unit