This news article discusses the recent CEO departures from several companies, including Boeing, and Peloton, as well as the appointment of new leaders.
Some big-name companies and their CEOs have parted ways this year. That has been seen at companies operating in industries ranging from aerospace and fitness to apparel and tech, among others. Calhoun revealed in March that he had plans to stop serving as Boeing ’s CEO, just over four years after he first took on the position.
'I have been considering for some time, in discussion with our board of directors, the right time for a CEO transition at Boeing,' he said in a message to employees at the time. 'I want to share with you that I have decided this will be my last year as CEO of our great company, and I have notified the board of that decision.' He said Boeing would 'remain squarely focused on completing the work we have done together to return our company to stability after the extraordinary challenges of the past five years, with safety and quality at the forefront of everything that we do' during the transition. The company has been working to recover from headwinds stemming from a pair of 737 MAX 8 crashes several years ago and, more recently, a Boeing 737 MAX plane’s door plug panel detaching mid-flight in January. BOEING NAMES KELLY ORTBERG AS NEW CEO Kelly Ortberg had led the aerospace company since the late summer. His first day as CEO was Aug. 8. 'My mission here is pretty straightforward, turn this big ship in the right direction and restore Boeing to the leadership position that we all know and want,' Ortberg told analysts and investors during the company’s quarterly earnings call in October, mentioning four specific areas of focus. The company reported 291 deliveries of commercial planes and 76 of defense, space and security aircraft over the first three quarters of the year. Barry McCarthy stopped being Peloton’s CEO in May, prompting the fitness company to tap Karen Boone and Chris Bruzzo as interim Co-CEOs while it looked for a permanent successo
Ceotransition Boeing Peloton Aerospace Fitness
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