October 30th, 2024

Boeing CEO Calhoun to step down from post by end of year

By The Associated Press on March 25, 2024.

FILE - Then-Nielsen Company CEO David Calhoun, center, watches progress as he waits for the company's IPO to begin trading, Jan. 26, 2011, on the floor of the New York Stock Exchange. Calhoun will be stepping down at the end of the year from the top job at Boeing, which is under pressure from major airlines wanting to know how the company plans to fix problems in the manufacturing of its planes. (AP Photo/Richard Drew, File)

Boeing CEO Dave Calhoun will step down from the embattled plane maker at the end of the year after a series of mishaps at one of America’s most storied manufacturers.

Board Chair Larry Kellner has also told the company he doesn’t plan to stand for re-election.

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