The struggling planemaker says Ortberg will take over next week as Dave Calhoun departs. The news came as Boeing reported disappointing second-quarter earnings, with losses of more than $1.4 billion.
WASHINGTON — After a lengthy search, Boeing has tapped aerospace industry veteran Robert “Kelly” Ortberg as its next CEO, the company
Boeing will now turn to Ortberg to lead its turnaround plans. He has a background in engineering, not finance, having earned a mechanical engineering degree at the University of Iowa. That may help assuage the concerns of critics who say Boeing’s leadership has been too focused on financial results and not enough on engineering quality.
"Despite a challenging quarter, we are making substantial progress strengthening our quality management system and positioning our company for the future," Calhoun said."While we have more work ahead, the steps we're taking will help stabilize our operations and ensure Boeing is the company the world needs it to be.
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