Boeing CEO Dave Calhoun to retire in 2024

Boeing is facing a major shakeup as three of its top executives are set to depart the company. This includes CEO Dave Calhoun, board chair Larry Kellner, and head of commercial airplanes Stan Deal. The decision comes as Boeing grapples with increased scrutiny following quality control issues that came to light after a piece of an Alaska Airlines jet fell off during a flight in January.

Calhoun, who joined Boeing’s board of directors 10 years ago and took over as CEO in 2020, is known for his operational skills, direct communication style, and crisis management expertise. However, the incident with the Alaska Airlines plane and subsequent revelations about Boeing’s manufacturing and quality control processes have prompted the need for new leadership.

Board chair Larry Kellner has announced that he will not seek re-election at the upcoming shareholder meeting. Commercial airlines CEO Stan Deal will retire from the company effective Monday. Calhoun is scheduled to leave at the end of 2024.

This situation is still unfolding and updates will be provided as more information becomes available.

By Aiden Johnson

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