Boeing named a longtime aerospace industry veteran as its next chief executive, who will take over a company that has been rocked by legal, regulatory and production problems.
A Boeing 737 MAX aircraft is shown on the assembly line at the Boeing facility in Renton, Wash., June 25, 2024. Boeing reports earnings on Wednesday, July 31, 2024.
“I don’t think he’s coming in with a notion to want to change a lot of folks,” Calhoun said on a call with analysts. “He knows full well we’re in recovery mode, and he knows full well that we’ve got to complete the recovery mode and we’ve got to get this thing stable and move forward.” Richard Aboulafia, a longtime aerospace analyst and consultant and recently a harsh critic of the company, said the hire is great news for Boeing.
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