Boeing announced a leadership transition in its finance and defense units. Brian West, the current chief financial officer who played a key role in orchestrating one of the largest capital raises in U.S. corporate history last year, will step down as CFO effective August 15, 2025. He will transition to a senior advisor role to Boeing President and CEO Kelly Ortberg. West will be succeeded by Jesus “Jay” Malave, the former CFO of Lockheed Martin, who brings decades of aerospace finance leadership experience. This change is part of Boeing's ongoing turnaround and safety overhaul efforts. Additionally, Boeing has appointed Stephen Parker as the permanent president and CEO of its Defense, Space & Security (BDS) business. Parker, an insider with a long history at Boeing, had been serving as interim head of the defense unit since September 2024. These appointments reflect Boeing's efforts to stabilize and strengthen its leadership amid recovery initiatives.