New CEO tells staff Boeing must be 'transparent'

Business Jan 14, 2020

New CEO tells staff Boeing must be 'transparent'

New Boeing Chief Executive David Calhoun told employees on Monday the company must strengthen its culture, focus on "integrity" and be "transparent," according to an email sent to staff. Calhoun, a longtime Boeing board member, officially took over on Monday as chief executive, replacing Dennis ...

Boeing drops 2019 timing for 737 Max return after CEO meets with FAA

Business Dec 13, 2019

Boeing drops 2019 timing for 737 Max return after CEO meets with FAA

Boeing Co. on Thursday abandoned its goal of winning approval this month from the Federal Aviation Administration to unground the 737 Max after Chief Executive Dennis Muilenburg met with senior U.S. aviation officials. The announcement came after a congressional hearing on Wednesday in which numerous ...

Boeing chairman says CEO Dennis Muilenburg did 'everything right'

Business Nov 6, 2019

Boeing chairman says CEO Dennis Muilenburg did 'everything right'

Boeing's new chairman on Tuesday gave a forceful vote of confidence in CEO Dennis Muilenburg amid calls in Congress for the embattled Boeing chief executive to resign after two deadly crashes. "Dennis has done everything right," Boeing Chairman David Calhoun told CNBC, praising Muilenburg for ...

Boeing cites U.S.-China trade fight as it trims 787 output

Business Oct 24, 2019

Boeing cites U.S.-China trade fight as it trims 787 output

Boeing cut its production plan for the 787 jet after receiving fewer orders than expected from China, which has been locked in a trade battle with Washington since last year, the company's chief executive said Wednesday. The U.S.-China trade situation "has presented challenges for our ...