CHICAGO, Oct. 11, 2019 /PRNewswire/ -- The Boeing Company
(NYSE: BA) today announced that its Board of Directors has
separated the roles of chairman and chief executive officer.
Dennis A. Muilenburg continues as
CEO, president and a director. The board elected David L. Calhoun, current independent lead
director, to serve as non-executive chairman.
The board said splitting the chairman and CEO roles will enable
Muilenburg to focus full time on running the company as it works to
return the 737 MAX safely to service, ensure full support to
Boeing's customers around the world, and implement changes to
sharpen Boeing's focus on product and services safety. This
decision is the latest of several actions by the board of directors
and Boeing senior leadership to strengthen the company's governance
and safety management processes.
Calhoun said, "The board has full confidence in Dennis as CEO
and believes this division of labor will enable maximum focus on
running the business with the board playing an active oversight
role. The board also plans in the near term to name a new director
with deep safety experience and expertise to serve on the board and
its newly established Aerospace Safety Committee."
"I am fully supportive of the board's action. Our entire team is
laser-focused on returning the 737 MAX safely to service and
delivering on the full breadth of our company's commitments," said
Muilenburg.
Boeing is the world's largest aerospace company and leading
provider of commercial airplanes, defense, space and security
systems, and global services. As the top U.S. exporter, the company
supports commercial and government customers in more than 150
countries. Boeing employs more than 150,000 people worldwide and
leverages the talents of a global supplier base. Building on a
legacy of aerospace leadership, Boeing continues to lead in
technology and innovation, deliver for its customers and invest in
its people and future growth.
Contact
Members of the news media should direct
queries to media@boeing.com or 312-544-2002.
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SOURCE Boeing