Final Up to date: March 25, 2024, 18:55 IST

United States of America (USA)

Boeing CEO Dave Calhoun speaks briefly with reporters after a meeting in the office of Sen. Mark Warner, D-Va., at the Capitol in Washington. (AP file photo)

Boeing CEO Dave Calhoun speaks briefly with reporters after a gathering within the workplace of Sen. Mark Warner, D-Va., on the Capitol in Washington. (AP file picture)

Boeing additionally stated Monday that Stan Deal, president and CEO of its business airplanes unit, will retire from the corporate. Stephanie Pope will now lead the division

Boeing CEO Dave Calhoun will step down from the embattled airplane maker on the finish of the yr after a collection of mishaps at one in every of America’s most storied producers.

Board Chair Larry Kellner has additionally informed the corporate he doesn’t plan to face for re-election.

Boeing additionally stated Monday that Stan Deal, president and CEO of its business airplanes unit, will retire from the corporate. Stephanie Pope will now lead the division.

The Federal Aviation Administration has put the corporate beneath intense scrutiny and lately ordered an audit of meeting traces at a Boeing manufacturing facility close to Seattle, the place the corporate builds planes just like the Alaska Airways 737 Max that suffered a door-panel blowout on Jan. 5. Investigators say bolts that assist preserve the panel in place had been lacking after restore work on the Boeing manufacturing facility. The incident has raised scrutiny of Boeing to its highest degree since two crashes of Boeing 737 Max jets in 2018 and 2019 that killed 346 individuals.

Shares rose greater than 2% earlier than the market open.

(This story has not been edited by News18 workers and is revealed from a syndicated information company feed – Related Press)

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