PIRC Advises Against Re-Appointing Muilenburg as Boeing Chairman and CEO - News Summed Up

PIRC Advises Against Re-Appointing Muilenburg as Boeing Chairman and CEO


FILE PHOTO: Dennis Muilenburg, President, Chairman, and CEO of the Boeing Company, speaks at the George W. Bush Presidential Center's 2019 Forum on Leadership in Dallas, Texas, U.S., April 11, 2019. REUTERS/Jaime R. Carrero Reuters(Reuters) - Pensions & Investment Research Consultants (PIRC), which advises pension schemes and other investors, recommended on Tuesday that investors in Boeing oppose the re-election of Dennis A. Muilenburg as chairman and chief executive officer. "There should be a clear division of responsibilities at the head of the company between the running of the board and the executive responsibility for the running of the company's business," PIRC said. Boeing is under pressure to convince global regulators that the aircraft can be safely recertified to fly again. (Reporting by Justin George Varghese in Bengaluru; Editing by Edmund Blair)


Source: Ethiopian News April 23, 2019 15:15 UTC



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