Boeing CEO resigns after two deadly 737 Max crashes - News Summed Up

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Boeing CEO resigns after two deadly 737 Max crashes


Muilenburg is resigning amid ongoing problems at the company over the troubled Max 737 aircraft. Muilenburg is resigning amid ongoing problems at the company over the troubled Max 737 aircraft. (AP Photo/Andrew Harnik, File)Boeing CEO Dennis Muilenburg resigned Monday over the deadly 737 Max debacle that has plunged the aircraft maker into crisis and damaged its reputation as one of the stalwarts of American industry. Last week, the crisis inside the company deepened when Boeing announced it will suspend production of the Max in January. Boeing said Muilenburg will depart immediately and the board’s current chairman, David Calhoun, will take over as CEO on Jan. 13.


Source: Ethiopian News December 23, 2019 14:26 UTC



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