Boeing stripped its CEO of his chairman title and an analyst thinks it's the best possible outcome for him and the embattled company

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Boeing stripped its CEO of his chairman title and an analyst thinks it's the best possible outcome for him and the embattled company
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Business Insider spoke with a Glass Lewis analyst who explained what the move means, and why she thinks it's good news for Boeing and shareholders.

Boeing CEO Dennis Muilenburg lost his additional title as chairman of the company's board last week, as the board decided to split the jobs into two separate roles. The company said that it maintains full confidence in Muilenburg, and that the move was meant to allow him to focus more on the day-to-day operations as the company works to get the troubled 737 Max back in the air.

Boeing CEO Dennis Muilenburg lost his additional title as chairman of the company's board last week, as the board decided to split the jobs into two separate roles. The company said that it maintains full confidence in Muilenburg, and that the move was meant to allow him to focus more on the day-to-day operations as the company works to get the troubled 737 Max back in the air.

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