Hints and tips:
...Stan Deal, head of the commercial planes division since 2019, was immediately replaced by chief operating officer Stephanie Pope....
...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 will be replaced by chief operating officer Stephanie Pope....
...O’Leary said he had not yet worked with Pope, who became chief operating officer in January and who has been considered a key contender for the top job....
...As in January, Boeing did not lay out financial guidance for the year, but chief financial officer Brian West said the second quarter would still bring “another sizeable use of cash”....
...Boeing created the chief operating officer position in December and named Stephanie Pope, head of its services business, to fill the role from January 1....
...Brian West, Boeing’s chief financial officer, on Wednesday said an “engineering solution” could be completed within a year....
...It created a board-level aerospace safety committee and a chief safety officer role....
...It is up to Boeing’s chief safety officer to ensure the 737 Max 9 can return to the skies....
...Most of Pope’s career, however, has been as a financial officer....
...It has established a safety committee of its board, and its chief aerospace safety officer last year promised that it “continues to strengthen its safety practices and culture and bring lasting improvements...
...Two years later it named Mike Delaney, a vice-president overseeing the digital transformation of Boeing’s production lines, to the newly created role of chief safety officer....
...In January 2021 it named Mike Delaney, a vice-president overseeing the digital transformation of Boeing’s production lines, to the newly created role of chief safety officer....
...company still plans to generate $3bn to $5bn this year in free cash — the metric investors typically use to judge the stock — but the final figure will be at the low end of that range, said chief financial officer...
...Dave Calhoun, chief executive, is due to meet lawmakers on Capitol Hill on Wednesday, including Senator Mark Warner from Virginia, where the company is headquartered....
...More Boeing news: Boeing disclosed in a regulatory filing on Friday that outgoing chief executive Dave Calhoun would receive a 45 per cent pay increase even as the aircraft manufacturer struggles to contain...
...Dave Calhoun, Boeing’s chief executive, is stepping down....
...About three-quarters of the 225 Maxes that Boeing has in storage will need to be fixed, said Brian West, chief financial officer....
...Boeing chief executive David Calhoun, for example, told analysts that “we’ve had no trouble hiring people”, and said pressures through its supply chain had “really ease[d] up”....
...But on Wednesday Calhoun defended the focus on free cash flow, calling it “a great metric, period”....
...Costs also increased for the T-7A Red Hawk pilot trainer and Air Force One, chief financial officer Brian West told analysts on Wednesday....
...In a “supply-constrained world”, Boeing chief executive Dave Calhoun said on Wednesday, “we don’t push the system too fast. We slow down when we have to and we try not to compound problems.”...
...“The path to normalisation is largely built around things we control,” said chief executive David Calhoun. “And I do suggest we control the supply chain.”...
...Brian West, Boeing’s chief financial officer, said at a conference last week that the company was “on the verge of turning the corner”....
...Derek Kerr, chief financial officer at American Airlines, also said on Thursday that the carrier now expects to receive 19 737 Max jets from Boeing next year instead of 27....
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