Boeing CEO Dennis A. Muilenburg Resigns

Muilenburg received resignation calls after two deadly
 737 MAX  crashes

Boeing has announced that the Chief Executive Officer Dennis A. Muilenburg has resigned today on 23 December, 2019. He will be succeeded by current Chairman, David L. Calhoun. Similarly, Lawrence W. Kellner will become non-executive Chairman.

Boeing says: “The Board of Directors decided that a change in leadership was necessary to restore confidence in the Company moving forward as it works to repair relationships with regulators, customers, and all the other stakeholders.” 

Mr. Muilenburg had faced calls for resignation over Boeing’s response to two deadly Boeing 737 MAX crashes killing 346 onboard.

Boeing 737 in Sky Team livery

At this stage Boeing is looking towards a policy and commitment of full transparency.

When will the new CEO begin his tenure ?

Mr. Calhoun will take his post as CEO from January 13, 2020. During his appointment he said, “I strongly believe in the future of Boeing and the Boeing 737 MAX. I am honored to lead this great company and the 150,000 dedicated employees who are working hard to create the future of aviation.”

What Boeing did under Muilenburg Leadership ?

Under Muilenburg, Boeing rolled out the 787-10 and the 737 MAX. Similarly, noteworthy progress towards the upcoming 777X has been made. He was facing resignation calls after two deadly crashes of the 737 MAX aircrafts.

Now, Boeing is hoping to get rid of the 737 MAX issue and gonna fix the issue in the near future under new CEO.

What are your thoughts on Muilenburg resignation? 
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