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1 month ago | 
leehamnews.com | Karl Sinclair |Scott Hamilton |David Calhoun |Kelly Ortberg
Subscription RequiredBy Karl SinclairMarch 17, 2025, © Leeham News: Boeing’s top executives on average earn 81 times more money than the average company employee, the 2024 Proxy Statement reveals. And in addition to the usual perks that top executives received, the exit packages for former corporate CEO David Calhoun and the CEO of Boeing Commercial Airplanes, Stan Deal, included unidentified retirement gifts. Deal, 61, received outplacement and unspecified transitional compensation.
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Aug 8, 2024 | 
leehamnews.com | Scott Hamilton |David Calhoun
By Scott HamiltonCommentaryAug. 8, 2024, © Leeham News: Kelly Ortberg becomes president and chief executive officer of The Boeing Co. today. He replaces David Calhoun, who was named to the position in January 2020. Calhoun replaced Dennis Muilenburg, with a charge to save Boeing from the first 737 MAX crisis and extended grounding; and fix, among other things, the safety culture failures that led to the 21-month grounding of Boeing’s cash cow.
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Jul 31, 2024 | 
leehamnews.com | Scott Hamilton |David Calhoun |Kelly Ortberg
July 31, 2024, © Leeham News: The Boeing Co. today named Kelly Ortberg president and CEO, effective Aug. 8. He succeeds David Calhoun, who retires then. Calhoun was named president and CEO of Boeing in January 2020. Boeing also announced 2Q2024 and 1H2024 earnings. The company reported 15% lower revenues for the second quarter compared with 2023, a net loss of $1.4bn vs a net loss of $149m last year, and negative operating cash flow of $3.9bn vs positive cash flow of $2.875bn in 2Q2023.
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Jul 8, 2024 | 
meetings-conventions.com | David Koenig |Alanna Durkin Richer |David Calhoun
Boeing will plead guilty to a criminal fraud charge stemming from two crashes of its 737 Max jetliners that killed 346 people, after the government determined the company violated an agreement that had protected it from prosecution for more than three years, the Department of Justice said Sunday night.
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Jun 3, 2024 | 
leehamnews.com | Scott Hamilton |David Calhoun
Subscription RequiredBy the Leeham News TeamJune 3, 2024, © Leeham News: Boeing and the Federal Aviation Administration last week released summaries of the company’s plan to fix its safety shortcomings following the Jan. 5 accident of Alaska Airlines Flight 1282. That’s the day a 10-week-old 737-9 MAX saw a door plug blow out at 16,000 ft on take-off from Portland (OR). Nobody died but there were some injuries and damage throughout the cabin and the cockpit occurred.
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May 21, 2024 | 
leehamnews.com | Scott Hamilton |David Calhoun
May 21, 2024, © Leeham News: David Calhoun was named CEO of The Boeing Co. in December 2019. He assumed office in January 2020. He had been on the Board of Directors since 2009. His first annual shareholders meeting as CEO was the 2020 AGM, for the financial year 2019. When Calhoun was named CEO, the 737 MAX had been grounded for nine months, following the crashes in October 2018 and March 2019 of the Lion Air and Ethiopian Airlines MAX 8s.
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Apr 22, 2024 | 
leehamnews.com | Scott Hamilton |Brian West |David Calhoun |JP Morgan
Subscription RequiredBy Scott HamiltonAnalysisApril 22, 2024, © Leeham News: Boeing reports its first quarter financing results on Wednesday. It’s not going to be pretty. But how “transparent” will CEO David Calhoun and CFO Brian West be? These days, “transparency” seems to be Boeing’s buzzword. It used to be “safety is our number one priority.” As we’ve seen about safety since the 2018-2019 737 MAX crisis, “safety” seemed more rhetorical than the Number One priority.
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Apr 15, 2024 | 
leehamnews.com | Scott Hamilton |David Calhoun |Ron Epstein
Subscription RequiredBy the Leeham News TeamApril 15, 2024, © Leeham News: It was a stunning number. Boeing CEO David Calhoun said his successor will have to decide on whether, or how, Boeing will proceed with its next new airplane. The price tag, he said, will be $50bn. The Bombardier C Series was the last all-new, widely used single-aisle jetliner design completed and in service today as the Airbus A200. China's C919 has only a handful of aircraft in service and Russia's MC-21's EIS is uncertain.
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Apr 9, 2024 | 
leehamnews.com | Scott Hamilton |David Calhoun |Kevin McAllister
April 9, 2024, © Leeham News: “Since [Aircraft Certification, Safety, and Accountability Act] ACSAA became law, Boeing has supported implementation of the legislation, including providing full transparency for the FAA’s expert review panel in its evaluation of our safety culture and other safety measures,” Boeing said in a statement responding to questions from The Seattle Times.
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Mar 26, 2024 | 
wanderwisdom.com | David Calhoun |Kathleen Joyce
Boeng has been in complete damage control mode since the events of January 5, yet problems only continue to pile up for the company. March was a particularly rough month for Boeing, between dozens of failed FAA audits, a series of United Airlines flight incidents largely involving Boeing planes, and the sudden, concerning death of a whistleblower testifying against their company. Now, the inevitable is finally coming to pass.
