Boeing CEO departs as 737 MAX disaster deepens

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Boeing CEO departs as 737 MAX disaster deepens

Dec 23 (Reuters) - Boeing Co BA.N Chief Government Officer Dennis Muilenburg has resigned, the corp


Dec 23 (Reuters)Boeing Co BA.N Chief Government Officer Dennis Muilenburg has resigned, the corporate mentioned on Monday, following a yr of intense scrutiny and industrial setbacks set off by twin deadly crashes of its 737 MAX jetliner.

Chairman David Calhoun will function CEO and president, efficient Jan. 13, the corporate mentioned.

“The Board of Administrators determined {that a} change in management was obligatory to revive confidence within the Firm transferring ahead as it really works to restore relationships with regulators, prospects, and all different stakeholders,” the corporate mentioned.

(Reporting by Ankit Ajmera in Bengaluru Modifying by Saumyadeb Chakrabarty)

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