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Boeing's CEO, Dave Calhoun, is stepping down amidst a turbulent period for the aerospace giant. Several senior executives are also leaving the company. Analysts believe Calhoun's exit could help Boeing 'get back on track.' The board is searching for a successor, with emphasis on an engineering background. Calhoun will receive at least $24 million as part of his exit package, despite criticisms of his tenure. The company faces challenges and scrutiny following safety issues and controversies.
EMIRATES CEO: Boeing "needs a strong engineering lead as its head coupled to a governance model which prioritises safety and quality. .. Some serious lateral thinking” is needed. @FT $BA https://t.co/PnzKTesE3e
$BA Citi reiterates Boeing as buy Citi lowered its price target on the stock to $252 per share from $263 but said it’s standing by its buy rating. “In our view, the fundamental outlook for commercial aerospace and Boeing has not changed – demand for new aircraft remains robust…
Boeing's board needs some radical changes. What about adding a union representative? @bethkowitt asks https://t.co/Ufzoz1pmnR
