Hints and tips:
...Former chief executive Jim McNerney, who led the company from 2005 to 2015, launched it to squeeze costs out of suppliers. Boeing pointed to recent moves to improve oversight and safety processes....
...He uses both Tobin’s q (comparing the value of the stock market to the replacement value of assets) and Robert Shiller’s cyclically adjusted price/earnings multiple (comparing to 10-year average earnings...
...Or that the head of the Department of Commerce would take a call from Jim McNerney, the former CEO of Boeing?...
...and Robert Nardelli — only a few weeks after an all-time high for GE stock, after a run that looks utterly unsustainable in retrospect....
...Mr Welch announced his successor, after a prolonged and public contest between Mr Immelt and two others who would go on to be CEOs of large public companies — James McNerney and Robert Nardelli — only a...
...Jim McNerney stepped down as chief executive in June last year, to be replaced by Dennis Muilenburg, although the company has insisted the move was pre-planned and unrelated to the company’s performance....
...Mr Muilenburg had been seen as a likely successor to Mr McNerney since he was appointed chief operating officer in 2013....
...The latest problems with the KC-46 tanker programme come only just over two weeks after Dennis Muilenburg took over as Boeing’s chief executive from Jim McNerney....
...On the trail Former Boeing chief slams Trump’s anti-trade stance Jim McNerney, who also held the top job at 3M and GE, called the Republican frontrunner’s rhetoric on trade “a very dangerous discussion”...
...But there has been “a big shift in the product mix in defence”, says Robert Stallard, analyst at RBC Capital Markets....
...Low fuel prices were also likely to encourage airlines to place new orders, McNerney said. “These remain very good times for our industry,” he said....
...Mr McNerney insisted on a call with analysts that there was a “continuing need for the efficient and value-creating products” that the company provided....
...But the speed with which Mr McNerney announced his retirement took even insiders off guard....
...Jim McNerney, chief executive, said strong operating performance across its business continued to generate “significant cash flow and financial strength”....
...Jim McNerney, chief executive, said the company’s current backlog of more than 5,500 commercial aircraft orders represented more than seven years’ production at current rates....
...“Global passenger traffic trends remain strong and air cargo traffic continues to gradually improve,” Mr McNerney said....
...Robert Stallard, an analyst at RBC Capital Markets, wrote in a research note that Mr Muilenberg was the “heir apparent” to Mr McNerney after the move....
...Jim McNerney, chief executive, said the capital return reflected “sustained, strong operational performance” by Boeing’s businesses, increasing cash flow, and Boeing’s “confidence in the future.”...
...Jim McNerney, Boeing’s chief executive, said: “Our strong first-half performance, sustained focus on growth and productivity, and positive market outlook support our increased earnings guidance for the year...
...Jim McNerney, Boeing’s chief executive, said the effects of across-the-board sequestration cuts in defence spending had not yet made themselves felt....
...Jim McNerney, Boeing chief executive, said staff had been working “around the clock” to understand the issues surrounding the battery and develop a solution....
...“Over the very long term, I don’t think [Boeing has] been very forthcoming with the shareholders or the public or the customers on the status of the programme,” said Robert W Mann, an aviation analyst....
...Mr McNerney said strong cash generation, consistently solid core operating performance and a positive growth outlook were enabling Boeing to deliver value for its shareholders....
...Mr McNerney said Boeing was working with both its commercial and military supply chains to find new ways of reducing costs....
...Corporate person in the news: Jim McNerney When Jim McNerney became Boeing’s chief executive in 2005, it was reeling from two procurement scandals and other ethical lapses, but he stabilised the aerospace...
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