Incoming Boeing chief executive Robert 'Kelly' Ortberg is set to officially take the reins of the aerospace giant next week. Here is a look at his background.
Boeing has tapped Robert "Kelly" Ortberg as its incoming chief executive, naming an industry veteran with an engineering background to right the ship at the embattled aerospace giant. Ortberg, 64, is set to take the reins from outgoing CEO Dave Calhoun on Aug. 8, and will also serve as president and as a member of the board.
Ortberg joined Rockwell Collins as a program manager in 1987, rising through the ranks for decades and eventually becoming its president and CEO in 2013. After five years leading Rockwell Collins, Ortberg steered the company's integration with United Technologies and RTX, formerly Ratheon, until his retirement from RTX in 2021. Ortberg's experience in integrating acquisitions such as steering Collins through an $8.
Ortberg's appointment also addresses an industry push for hiring an outsider to steer Boeing out of its troubles. He was chosen over Patrick Shanahan, a former Boeing executive and current CEO of Spirit AeroSystems who was seen as a favorite to succeed Calhoun by some analysts and investors. Ortberg will receive a long-term incentive award targeted at $17.5 million, according to an SEC filing. He will get an annual base salary of $1.
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