Boeing fires CEO Muilenburg as 737 MAX crisis deepensBoeing Co Chief Executive Dennis Muilenburg pauses while speaking during a news conference at the annual shareholder meeting in Chicago, Illinois, US. The 737 MAX grounding was the biggest crisis of Muilenburg’s 34-year tenure at Boeing, where he started as an intern in 1985, rising through the company’s defense and services ranks to the top job in 2015. Speculation that Muilenburg would be fired had been circulating in the industry for months, intensifying in October when the board stripped him of his chairman title. A Boeing official said the board deliberated over the weekend and they made the decision to fire Muilenburg in a phone call on Sunday. That’s not Boeing’s problem right now.” Board member Lawrence Kellner will become non-executive chairman of the board effective immediately, the company said.

Source: Standard Digital December 23, 2019 16:24 UTC