Boeing 737 Max crisis prompts calls for shakeup at company - News Summed Up

Boeing 737 Max crisis prompts calls for shakeup at company


New York (CNN Business) In the wake of the 737 Max crisis , two leading shareholder advisory firms are urging Boeing stock owners to shake up the company's management and board. The ISS note to investors specifically mentions the two fatal crashes of the 737 Max and the damage to Boeing's reputation from the plane's problems. It didn't mention the 737 Max issue in the discussion of that resolution. It said Kellner and the board should have had better oversight of Boeing management as the 737 Max was developed and the crisis unfolded. The resolution to split the Boeing CEO and chairman positions was submitted well before the second crash of a 737 Max jet on March 10.


Source: CNN April 16, 2019 22:41 UTC



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