A top-level executive connected to a major investigation in DC just resigned without warning. Reading in-between the lines, it appears that he could have been forced out due to the scandal.

Boeing CEO Dennis Muilenburg “is stepping down immediately” and the company’s “current chairman David Calhoun will become president and CEO on January 13,” according to reports.

Boeing found themselves in a difficult situation with the federal government and stakeholders after two Boeing 737 Max aircraft were involved in shocking accidents — both of them deadly.

Production on the 737 Max will be halted in January as the company works to repair its image. The current board chairman, David Calhoun, will step into the role of president and CEO next month as well.

“On behalf of the entire board of directors, I am pleased that Dave has agreed to lead Boeing at this critical juncture,” said board member Lawrence Kellner in a statement.

He went on to say that “today marks a new way forward for our company” with Kellner stepping in to lead. Boeing has a long way to go, but there is renewed hope that they can rebound from this disaster.

Read the full story here.

Share on facebook
Share to Facebook

Leave a Reply

Your email address will not be published. Required fields are marked *