What Could a Post-Bankruptcy Spirit Look Like?
Industry experts are analyzing what Spirit’s recent bankruptcy filing could mean for the carrier and the market at large. Spirit…
Several top executives at the manufacturing giant are stepping down, the company says.
Multiple Boeing leaders are out of a job, including CEO Dave Calhoun and Commercial Airplanes CEO Stan Deal. The company announced sweeping leadership changes early Monday morning.
Dave Calhoun, who was appointed as President and CEO of Boeing in 2020, was originally hired to fix Boeing’s ongoing manufacturing woes. His appointment followed back-to-back fatal accidents involving the 737 MAX. Before taking the helm at Boeing, Calhoun had been on the company’s board of directors since 2009.
According to Boeing, Calhoun will step down by the end of 2024 to “complete the critical work underway to stabilize and position the company for the future.” No replacement was named for his position.
“As we begin this period of transition, I want to assure you, we will remain squarely focused on completing the work we have done together to return our company to stability after the extraordinary challenges of the past five years, with safety and quality at the forefront of everything that we do,” Calhoun said in a letter to employees.
Joining Calhoun, President and CEO of Boeing Commercial Airplanes Stan Deal also plans to leave the company. Holding the position since October 2019, Deal’s departure becomes effective immediately on Monday.
Replacing Deal will be Boeing’s Chief Operating Officer Stephanie Pope, who was appointed to the role from leading Boeing Global Services in January 2024.
Boeing’s announcement also includes changes on the board of directors level. Long-time board appointee Larry Kellner will not stand for re-election as chair.
Kellner has been on Boeing’s board for 13 years. IN 2019, he was appointed as independent chair. Steve Mollenkopf will fill Kellner’s position having been appointed to the company’s board in 2020.
Ryan founded AirlineGeeks.com back in February 2013 and has amassed considerable experience in the aviation sector. His work has been featured in several publications and news outlets, including CNN, WJLA, CNET, and Business Insider. During his time in the industry, he's worked in roles pertaining to airport/airline operations while holding a B.S. in Air Transportation Management from Arizona State University along with an MBA. Ryan has experience in several facets of the industry from behind the yoke of a Cessna 172 to interviewing airline industry executives. Ryan works for AirlineGeeks' owner FLYING Media, spearheading coverage in the commercial aviation space.
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