Boeing President and CEO, Dave Calhoun, has declared his intention to step down from his CEO position at the end of 2024. However, Calhoun will continue to guide Boeing through the remainder of the year to ensure the completion of crucial ongoing initiatives aimed at stabilising and positioning the company for future success.
Furthermore, Boeing announced that Stan Deal, President and CEO of Boeing Commercial Airplanes, will be retiring from the company. Stephanie Pope has been appointed to succeed him, effective immediately. Pope, who has been serving as Boeing’s Chief Operating Officer (COO) since January, brings extensive experience to her new role. She previously held leadership positions in various Boeing business units, including President and CEO of Boeing Global Services and Chief Financial Officer (CFO) of Boeing Commercial Airplanes.
Larry Kellner, the current Board Chair, has communicated his decision not to seek re-election at the upcoming annual shareholder meeting. Consequently, the board has chosen Steve Mollenkopf to take over as the independent board chair. In his new capacity, Mollenkopf will spearhead the board’s efforts in selecting Boeing’s next CEO. Kellner has been a member of the Boeing Board for 13 years and has served as its chair since late 2019. During his tenure, he played a pivotal role in establishing a new aerospace safety committee and overseeing the recruitment of seven new independent directors with diverse expertise. Mollenkopf, who joined the board in 2020, previously served as CEO of Qualcomm and holds degrees in electrical engineering.
