Robert “Kelly” Ortberg, a former CEO at aerospace manufacturer Rockwell Collins, will succeed David Calhoun as CEO and president effective Aug. 8, the company said. “There is much work to be done, and I’m looking forward to getting started,” Ortberg said in a statement issued by Boeing. Boeing announced its new CEO as it reported a loss of more than $1.4 billion on falling revenue during the second quarter. That would put him in closer contact with Boeing factories that produce several of its planes, notably the 737 Max. The reported loss of $1.44 billion for the second quarter compared with a loss of $149 million a year earlier.


Source:   Ethiopian News
July 31, 2024 15:35 UTC