Boeing CEO Steps Down Amid Safety Concerns and Government Investigation

By Eleanor Harrison Mar25,2024
Boeing CEO Dave Calhoun to step down following new safety concerns

After a series of setbacks, Boeing CEO Dave Calhoun announced that he will be stepping down from his position at the end of the year. In January, the Federal Aviation Administration (FAA) launched an investigation into Boeing after a 737-9 (MAX) aircraft of Alaska Airlines experienced a fuselage issue during flight. This incident led to the grounding of all Boeing 737-9 (MAX) planes by the US Government until further safety measures were put in place.

In a letter to employees, Calhoun acknowledged the challenges faced by Boeing and emphasized the importance of transparency and a commitment to safety and quality throughout the company. While he did not directly attribute his departure to the Alaska incident, Calhoun expressed his confidence in Boeing’s ability to recover and stabilize without him as CEO. Discussions about a CEO transition have been ongoing for some time, with Steve Mollenkopf taking over as independent president and leading the process of selecting the next CEO. Larry Kellner, who had been chairman of the board since 2018, also stated that he does not plan to run for re-election during the next shareholders’ meeting. Despite

By Eleanor Harrison

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