jets-crashed

It’s a ‘travesty’ Boeing CEO Dave Calhoun is still in his job, says U.S. senator during heated hearing

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It’s a ‘travesty’ Boeing CEO Dave Calhoun is still in his job, says U.S. senator during heated hearing

U.S. lawmakers pressed Boeing’s chief executive Tuesday about the company’s latest plan to fix its manufacturing problems, and relatives of people who died in two crashes of Boeing 737 Max jetliners were in the room to remind him of what was at stake.  CEO David Calhoun appeared before the Senate investigations subcommittee, which is chaired by … Read more

Boeing CEO Dave Calhoun to step down at end of year amid plane-maker’s woes

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Boeing CEO Dave Calhoun to step down at end of year amid plane-maker’s woes

Boeing CEO Dave Calhoun will step down from the embattled plane-maker at the end of the year as part of a broader management shuffle, capping a tumultuous five-plus years that have shaken faith in one of the U.S.’s most-storied manufacturers. In a letter to employees announcing his departure, Calhoun wrote that the company is focused on returning Boeing “to … Read more