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...Calhoun, 66, is to leave at the end of the year, while board chair Larry Kellner said he would depart in May....
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...Dave Calhoun, the chief executive of Boeing, is to step down at the end of this year, as part of a sweeping overhaul of the management at the US plane maker....
...He was giving the board “plenty of notice” to plan his succession....
...Calhoun’s pay had already been the focus of criticism last year....
...Board chair Larry Kellner will leave in May....
...But by only adjusting these criteria this year, Boeing’s board is in essence admitting that it failed to adopt the cultural change that Calhoun himself has been demanding from the rest of the business for...
...Though no one was killed in the January accident, the explosive loss of cabin pressure injured some on board and recalled two earlier fatal crashes that led to the worldwide grounding of the 737 Max for...
...In 2021 in the midst of the Max 8 crisis, the board waived its mandatory retirement age of 65 and announced it would extend it to age 70 for Calhoun....
...Airline trust in Boeing management and its CEO Dave Calhoun is being sorely tested. The roots of the problems are well catalogued....
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...It really has been a ‘Whack-A-Mole’ experience since Calhoun moved off the Boeing board to the CEO seat.”...
...Hopes of a successful overhaul have failed. On Monday, Calhoun said he would step down from the struggling plane maker at the end of the year....
...As a non-executive Boeing director since 2009, Calhoun witnessed the implosion of the 787 programme (partially under way before he joined the board), the failure of the 747-8 programme, the delayed entry...
...board....
...Separately, Boeing said Calhoun cancelled an internal leadership summit to assist the National Transportation Safety Board and airlines affected by regulators’ grounding of some Maxes....
...Footage shot by people on board showed a gaping hole next to a row of seats....
...The failure may not have been entirely Boeing’s doing, despite Calhoun’s sensible acknowledgment of “our mistake”....
...Mike Whitaker, administrator of the US Federal Aviation Administration, met Boeing chief executive David Calhoun and his senior safety team on Tuesday before making the demand....
...Chief executive David Calhoun was part of the team that led that strategy, as a board director since 2009....
...The company said Kirkland Donald and a team of “outside experts” would provide recommendations to chief executive Dave Calhoun and the Boeing board....
...The company said Donald and a team of “outside experts” would provide recommendations to Dave Calhoun, Boeing’s chief executive, and the board....
...The son of a taxi driver and a school special needs assistant from Greystones in County Wicklow, south of Dublin, as higher education minister he championed apprenticeship schemes, securing a record number...
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