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Boeing’s CEO will step down at the end of this year.
In a letter to staff, Boeing CEO Dave Calhoun writes the Alaska Airlines door blowout was a “watershed moment” for Boeing and that now is the “right time for a CEO transition.” Boeing will select a new CEO before Calhoun steps down later this year.
Additionally, Boeing announced that its Commercial Airplanes CEO Stan Deal is retiring and will be replaced by Stephanie Pope starting today. The company’s board chair Larry Kellner will also not stand for reelection, with Steve Mollenkopf serving as his replacement.
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