Boeing CEO Expected to Step Down By End of Year?!

( – Dave Calhoun, the CEO of Boeing, the plane manufacturer, is expected to step down by the end of the year.

This decision comes after multiple issues arose in the manufacturing of the planes, including a mid-air door plug blowout that made headlines. There have been multiple issues with their Boeing 737 MAX 9 planes and investigations following the blow out of the door proved that there were more manufacturing errors on more MAX 9 planes.

The company put out a statement saying that Calhoun would be stepping down but that he would remain in his role until the end of the year “to lead Boeing through the year to complete the critical work underway to stabilize and position the company for the future.”

Dave Calhoun has been CEO for four years after he stepped into the role to stabilize the company after they had two crashes. However, there has been a lot of scrutiny and criticism following the incidents as well as the additional findings that came from the investigations.

The recent events have made people look critically at Boeing and any mistake they’ve made has been broadcast. With this, aviation experts did come together to talk about the issues related to the company and they found that Boeing had “a lack of awareness of safety-related metrics at all levels.”

Calhoun was seen in an interview recently following his announcement to step down and he spoke about the future of the company. Calhoun said, “The next CEO needs to be an executive who knows how to handle a big, long-cycle business like ours.”

“Our next leader is going to develop and call out the next airplane for the Boeing Company,” he continued. “It will be a $50 billion investment that will all happen on our next leaders’ watch.”

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