Boeing CEO Dennis Muilenburg is out amid the company's struggles with the 737 Max crisis. Chairman David Calhoun will take over as CEO Jan. 13.
on Monday fired CEO Dennis Muilenburg as the company struggles to regain the trust of regulators, customers and the public after two fatal crashes of its best-selling plane, the 737 Max, killed all 346 people aboard.
Chairman David Calhoun will become the manufacturer's new CEO on Jan. 13. Board member Lawrence Kellner will become Boeing's non-executive chairman of the board, effective immediately.The resulting turmoil from the crashes has consumed Boeing. The two crashes sparked numerous investigations, including a federal criminal probe, about the aircraft's development and certification by the Federal Aviation Administration in 2017.
The company's board removed Muilenburg as chairman in October saying he could better focus on bringing the Max back to service, a process that has been delayed by additional questions from regulators. Boeing removed the head of its commercial airplane unit, Kevin McAllister, 11 days later. Stan Deal, a three-decade Boeing employee who most recently led its global services business, replaced him.
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