Boeing CEO Dennis Muilenburg steps down amid continued 737 Max safety concerns. FOX Business’ Grady Trimble with more.
Boeing CEO Dennis Muilenburg resigned Monday amid the controversy surrounding the company’s beleaguered 737 Max jet, the aerospace giant said.
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Muilenburg’s resignation as chief executive and board director will take effect immediately. The company said David Calhoun, Boeing’s current chairman, will replace Muilenburg as president and CEO beginning Jan. 13, 2020.
Boeing Chief Financial Officer Greg Smith will serve as interim CEO during the transition period while Calhoun exits his non-Boeing commitments, the company said.
Boeing Chief Executive Dennis Muilenburg (Joshua Lott/The Washington Post via AP, Pool, File)
The Chicago-based planemaker said the leadership change was made in an effort to “bring renewed commitment to transparency better communication with regulators and customers in safely returning the 737 MAX to service.”
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This is a developing story. Check back for updates.
