Boeing CEO Dave Calhoun to step down
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Boeing CEO Dave Calhoun will step down at the end of the year. Calhoun will continue to lead Boeing through the end of 2024. The move comes amid fallout from a high-profile safety failure onboard an Alaska Airlines flight in January. Board Chair Larry Kellner plans to forgo nomination for an additional term. Steve Mollenkopf will immediately take over as Boeing board chair and lead the search for a new chief executive. Calhoun began his tenure in the aftermath of a previous safety scandal involving the grounding of Boeing 737 Max aircraft. The renewed scrutiny over the incident includes an investigation by a federal safety regulator and a criminal investigation by the Department of Justice. Calhoun called on the company to focus on openness and a total commitment to safety and quality. This is a developing story.

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https://abcnews.go.com/Business/boeing-ceo-dave-calhoun-step/story?id=108465621