Poll: Will new Boeing president and CEO Dave Calhoun succeed at turning around the company?

January 23, 2020

David Calhoun, the new CEO of Boeing, took the helm Jan. 13, but the question already on the minds of many industry movers and shakers is: Who will be the next chief executive of the world’s largest publicly traded aerospace and defense company?

Calhoun, 62, has taken over the corner office in Chicago after he informed former President and CEO Dennis Muilenburg that the Boeing board of directors had lost confidence in its one-time leader. Muilenburg, who was stripped of his role as chairman of the board in October, resigned as CEO and president on Dec. 23, 2019. The reason in one word: MAX.

Calhoun is expected to say more on Jan. 29 when Boeing hosts its teleconference about 2019’s fourth-quarter financial results. There will be a lot to cover, including open-ended 737 production halts at Boeing and aerostructures provider Spirit AeroSystems that started this month, as well as charges on Boeing’s earnings due to airline customer compensation and other MAX costs.

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Comments

8 Comments
PETE_HPKINS
Thu, 01/23/2020 - 22:55
Yes because they are all crooks.....birds of a feather!!!!!
jbell.320
Fri, 01/24/2020 - 04:00
Calhoun has been there all along. He is at least as much a part of the problem as Muilenburg was.
mike
Fri, 01/24/2020 - 04:16
Until the entire Board of Directors is replaced and the headquarters is moved back to Seattle, nothing will fundamentally change.
scoot364
Fri, 01/24/2020 - 12:37
If he doesn’t the next guy will. There’s no where to go but up.
gwroble
Fri, 01/24/2020 - 13:27
In his first statement to the employees of Boeing Mr. Calhoun said, "we will meet and exceed our shareholders expectations...". He was on the board, his only degree is in finance, he worked at GE for Jack Welch. Same old stuff.
bobmx2010
Fri, 01/24/2020 - 18:48
No, He doesn't understand enough of business.
TWANSFROTH
Fri, 01/24/2020 - 19:42
I echo Mike. Throw out the board and go back to Seattle.
Just Watching
Sat, 01/25/2020 - 13:41
Until Boeing refocus their energy and engineering talent back onto the business of designing and building aeroplanes, and stop chasing every available cent they can find to give to shareholders or use for share buybacks the future seems bleak.
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