Dennis A Muilenburg out, David L Calhoun in as Boeing president & CEO
Dec 24, 2019: The Boeing board of directors has named current chairman, David L Calhoun, as chief executive officer and president. Dennis A Muilenburg has resigned from his positions as CEO and Board director effective immediately.
Boeing chief financial officer Greg Smith will serve as interim CEO during the brief transition period, while Calhoun exits his non-Boeing commitments. Calhoun will take charge effective January 13, 2020.
In addition, Board member Lawrence W Kellner will become non-executive chairman of the Board effective immediately.
"On behalf of the entire Board of Directors, I am pleased that Dave has agreed to lead Boeing at this critical juncture. Dave has deep industry experience and a proven track record of strong leadership, and he recognizes the challenges we must confront. The Board and I look forward to working with him and the rest of the Boeing team to ensure that today marks a new way forward for our company," said Kellner.
Under the Company's new leadership, Boeing will operate with a renewed commitment to full transparency, including effective and proactive communication with the FAA, other global regulators and its customers.
Calhoun said, "I strongly believe in the future of Boeing and the 737 MAX. I am honoured to lead this great company and the 150,000 dedicated employees who are working hard to create the future of aviation."