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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....
...Clark said Calhoun and Deal had the opportunity to put Boeing’s “house in order”, but added “only time will tell” if they are the right people for the job....
...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....
...Calhoun took over as chief executive in 2020 in the wake of two fatal crashes that revealed serious flaws in the company’s safety culture and operations....
...Boeing has disclosed a $32.8mn pay award for outgoing chief executive Dave Calhoun, a 45 per cent increase from the previous year even as the aircraft manufacturer struggles to contain a crisis of confidence...
...The pay award will be put to shareholders for a vote at Boeing’s annual meeting, which is scheduled for May 17. Calhoun’s pay had already been the focus of criticism last year....
...Boeing chief executive Dave Calhoun is to step down at the end of the year as the US aircraft manufacturer struggles to contain a crisis over its safety standards following the mid-flight blowout of a door...
...Michael O’Leary, chief executive of Ryanair, one of Boeing’s biggest customers, said he was “disappointed” Calhoun was leaving even as he laid out some of the challenges awaiting the next CEO....
...Calhoun, whose management of the aerospace and defence giant is under scrutiny in the wake of the accident, issued a mea culpa after the results, adding his focus was now on earning back the confidence of...
...That brought its debt to $61bn at the end of the second quarter of 2020, with Calhoun remarking at the time that once Boeing stabilised production “we’ll be in good shape to begin that process of returning...
...The FAA’s freeze on the Max ramp-up could now make another of Calhoun’s tasks — reducing Boeing’s debt from a total of $52bn at the end of the third quarter — more difficult....
...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....
...plans to step down at the end of the year....
...After her sublime take on TS Eliot’s Four Quartets, Pam Tanowitz wrestled with another complex text. The result, 2022’s Song of Songs, has now had its UK premiere at London’s Barbican Theatre....
...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...
...Airline trust in Boeing management and its CEO Dave Calhoun is being sorely tested. The roots of the problems are well catalogued....
...The chief executive of Emirates, one of Boeing’s largest clients, has said the crisis-stricken US aircraft maker should ensure its new chief executive has engineering experience to restore safety standards...
...Shares in Boeing gained 1.7 per cent after the aircraft manufacturer announced that chief executive Dave Calhoun would step down at the end of the year....
...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....
...Yet buying real estate is not the smartest use of luxury cash flows. On the face of it, Kering’s deal does not look too bad....
...Those are the very areas now being scrutinised following Calhoun’s admission that a “mistake” led to a piece of fuselage falling off an Alaska Airlines 737 Max 9 flight last week, leaving a hole and terrifying...
...Signs of stress in the commercial real estate sector are now coming thick and fast....
...The changes could cut the $100bn Americans pay annually in real estate fees by as much as 30 per cent, according to a study by the Consumer Federation of America, a watchdog....
...Chief executive David Calhoun was part of the team that led that strategy, as a board director since 2009....
...Dave Calhoun, Boeing’s chief executive, met lawmakers in Washington on Wednesday....
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