We Have an Update on Bashar al-Assad's Wherabouts
Reports: Plane Carrying Syrian President Bashar al-Assad Reportedly Disappears
Let Democrats Have Their Blanket Pardons, It’ll Screw Them In The End
'Out of Office': GOP Senator Releases Shocking Report on Telework Abuse by Federal...
A Quick Bible Study Vol. 245: 'What If Jesus Had Never Been Born?'...
ICYMI: Judge Throws Out Ray Epps' Bogus Lawsuit Against Tucker Carlson
Tommy Tuberville Shares What We're All Wondering About the Hunter Biden Pardon
Outgoing DNC Chair Promises to 'Name Names' the Day He Leaves Office
Joe Biden Breaks Silence After Assad Granted Asylum In Moscow
Here's Why This Household LA Times Columnist Quit
Trump Speaks Out After Syrian Government Falls
Daniel Penny Could Get Congressional Gold Medal
Bible Sales Are Increasing
The Shadow of the Gallows Looms Over Iran
Kristi Noem Can Immediately Strengthen Border Security by Boosting Homeland Security Inves...
Tipsheet

The Higher-Ups at Boeing Are Jumping Ship

AP Photo/Elaine Thompson

Embattled Boeing is getting another shakeup to its leadership structure in the wake of a series of safety and quality control failures that have triggered significant federal oversight and left the flying public equal parts joking and worrying about Boeing's jets. 

Advertisement

Dave Calhoun, the president and CEO of Boeing, announced Monday that he would step down from his position atop the legendary manufacturer — but not until the end of 2024.

In a CNBC interview, Calhoun said his looming departure was his decision and admitted Boeing has work to do in order to get its "ship in order."

Calhoun isn't the only one making an exit, either. As The Wall Street Journal explained:

The aircraft maker also said the head of its commercial-aircraft business, Stanley Deal, will step aside immediately and its chairman, Larry Kellner, won’t stand for re-election. Steve Mollenkopf, a former CEO of Qualcomm, will take over as board chair and lead the search for the next Boeing boss.

Advertisement

Calhoun's departure comes after a previous shakeup saw Ed Clark, who helmed Boeing's 737 MAX program and oversaw the factory that built the Alaska Airlines aircraft that later saw its door plug blow out, exit the company earlier this year, as Townhall previously reported

More from WSJ on Calhoun, who had previously been looking to make an exit before the current issues made things even worse for his tenure:

Calhoun, who turns 67 next month and took over as CEO in January 2020, had promised a turnaround of the manufacturer. Instead, he becomes the second consecutive Boeing boss to exit amid quality concerns and production problems.

His exit leaves the board openly searching for a replacement, and the board is looking both inside and outside its executive ranks for a new leader.

Calhoun had been preparing to step aside before the latest crisis and the Boeing board had been working on succession plans, recently elevating company veteran Stephanie Pope as the heir apparent. But frustration from airlines and regulators accelerated the announcement and will put pressure on the company to bring in fresh blood.

In a memo to staff on Monday, Calhoun said, “The eyes of the world are on us, and I know that we will come through this moment a better company.”

Advertisement

The Federal Aviation Administration has announced multiple actions regarding Boeing following the Alaska Airlines door plug blowout, beginning with an investigation into whether the manufacturer "failed to ensure completed products conformed to its approved design and were in a condition for safe operation in compliance with FAA regulations." That investigation was followed up by a decision for the FAA to "immediately increase its oversight of Boeing production and manufacturing."

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement