New Boeing CEO Takes the Controls Amidst 737 Max Crisis

By Jesse Sokolow on 13 January 2020
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Boeing’s new CEO, David Calhoun, takes the reins of an aerospace giant in crisis on Monday. Calhoun takes over from interim CEO Greg Smith, the company’s CFO as the company attempts to recover from two 737 Max hull loses that took a total of 346 lives and led to a worldwide grounding of the aircraft.

The former CEO, Dennis Muilenburg, resigned on December 23 after numerous setbacks in the company’s attempts to return the beleaguered 737 Max aircraft to the skies.

Calhoun, a long-time member of the company’s board of directors, was named chairman in October after the board stripped Muilenburg of the title. He previously served as head of a General Electric division that manufactured aircraft engines.

Documents released last week by the aircraft manufacturer showed that, during the years the 737 Max was under development, key company employees apparently hid safety problems while deceiving regulators and customers.  They also mocked them.  One Boeing employee told another, “This plane was designed by clowns who are in turn supervised by monkeys.”

(Photo: Accura Media Group)

Accura News

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