Boeing CEO Dave Calhoun to step down as company battles safety concerns
Business,CEOs,Boeing,Transportation,Airlines
Boeing chief executive Dave Calhoun is to step down at the end of the year as the US aircraft manufacturer struggles to contain a crisis over its safety standards following the mid-flight blowout of a door panel.
Boeing said on Monday that its chair Larry Kellner would also leave the board after the companyβs annual shareholdersβ meeting in May. He will be replaced by former Qualcomm chief executive Steve Mollenkopf, who will lead the search for Calhounβs successor.
Stan Deal, head of the companyβs commercial aeroplane division, which has been at the centre of the door-plug incident, is to retire immediately, Boeing added. He will be replaced by chief operating officer Stephanie Pope.
The management shake-up caps weeks of turmoil for the group after a door panel blew out mid-air during an Alaska Airlines flight in January.
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