Dave Calhoun, Chairman of BoeingAdam Jeffery | CNBCBoeing on Tuesday mentioned it's elevating the obligatory retirement age of its 64-year-old CEO
Dave Calhoun, Chairman of Boeing
Adam Jeffery | CNBC
Boeing on Tuesday mentioned it’s elevating the obligatory retirement age of its 64-year-old CEO from 65 to 70 as the corporate continues face challenges from the coronavirus pandemic, manufacturing points and the aftermath of two crashes of its best-selling airplane.
Boeing’s CFO Greg Smith will retire in July, the producer mentioned. Boeing mentioned it’s conducting a seek for his alternative.
“Beneath Dave’s sturdy management, Boeing has successfully navigated some of the difficult and sophisticated intervals in its lengthy historical past,” Boeing’s Chairman Larry Kellner mentioned in a press launch. “Given the substantial progress Boeing has made beneath Dave’s management, in addition to the continuity essential to thrive in our long-cycle business, the Board has decided that it’s in one of the best pursuits of the corporate and its stakeholders to permit the Board and Dave the flexibleness for him to proceed in his function past the corporate’s customary retirement age.”
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