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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....
...Calhoun’s pay had already been the focus of criticism last year....
...He will be replaced by former Qualcomm chief executive Steve Mollenkopf, who will lead the search for Calhoun’s successor....
...Redwheel fund manager David Stewart, the second-largest shareholder in Hyve with more than 10 per cent, also plans to vote against the deal....
...Calhoun, he told the Financial Times, took Boeing through an “existential crisis and was working his way out . . . until they got let down again by more mismanagement in Seattle”....
...Since taking over as chief executive Calhoun has received close to $100mn in pay and share awards....
...Calhoun also said the Max 9 accident was a hit to Boeing’s airline customers, but insisted the company had not lost their confidence....
...David Calhoun took over as Boeing’s chief executive four years ago in the middle of a crisis that followed a pair of deadly crashes in 2018 and 2019. Both involved Boeing’s best-selling 737 Max 8....
...When Dave Calhoun took over as Boeing’s chief executive in January 2020, the company was in crisis....
...Louis, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer....
...Dave Calhoun, Boeing’s chief executive, met lawmakers in Washington on Wednesday....
...Chief executive David Calhoun will host the meeting on Tuesday from the Renton, Washington factory where the Max is assembled....
...The demand came after Boeing chief executive David Calhoun and his senior safety team met FAA administrator Mike Whitaker on Tuesday....
...“We’re going to approach this, number one, acknowledging our mistake,” Calhoun said, according to excerpts shared by the company....
...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....
...Boeing chief executive David Calhoun has pledged to improve the company’s quality controls. The company has postponed giving full-year financial guidance as it navigates the crisis....
...David Soucie, a former safety inspector at the FAA, criticised Boeing for a design error, a more serious lapse....
...The idea that Boeing needs a reset isn’t new: David Calhoun took over as chief executive four years ago in the aftermath of two deadly crashes....
...Boeing, in fairness, seems to have moved through these fast — judging by an emotional staff address by chief executive David Calhoun this week....
...There are little things — “Jew’s-beard geraniums” in window ledges — and bigger ones: a burned-out synagogue, with a broken Star of David on its wrought iron gate....
...Chief executive David Calhoun said in a memo to employees that, “despite the challenges that came our way in the third quarter”, Boeing remained on track in its recovery following the Max’s grounding in...
...arts: Let’s pause for breath and consider our shared humanity Technology: Sci-fi writer Ted Chiang: - The machines we have now are not conscious’ Natural sciences: Gillian Anderson wants us to find her G...
...Boeing: The troubled aircraft maker yesterday announced its chief executive Dave Calhoun would step down at the end of the year. Who will replace him?...
...Carl Vine, a portfolio manager at M&G and a Toyota shareholder, thinks the company has “gotten an unfair rap in recent years”....
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