The CEO of Boeing is likely to step down by the end of the year?!

The CEO of the plane company Boeing, Dave Calhoun, is likely to step down by the end of the year. 

This choice was made after several problems arose during the planes’ production, including a door plug blowout in midair that made the news. The Boeing 737 MAX 9 planes they use have had a number of problems. After the door blowout, probes showed that there were more manufacturing mistakes on more MAX 9 planes. 

When the company said Calhoun would be leaving, they also said he would stay in his job until the end of the year “to lead Boeing through the year to complete the critical work underway to stabilize and position the company for the future.”

Dave Calhoun has been CEO for four years. He took over to help the company get back on its feet after two crashes. But there has been a lot of scrutiny and criticism since the events and the new information that came out of the probes. 

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Recent events have made people doubt Boeing, and any mistake they’ve made has been talked about. So, aviation experts did get together to talk about the company’s problems. They discovered that Boeing had “a lack of awareness of safety-related metrics at all levels.”

Not long after he said he was leaving, Calhoun was seen in an interview where he talked about the future of the company. “A business leader who knows how to run a big, long-term company like ours needs to be the next CEO,” Calhoun said.

“Our next leader is going to develop and call out the next airplane for the Boeing Company,” he said. “It will be a $50 billion investment that will all happen on our next leaders’ watch.”

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