Boeings board of directors decided that the current CEO would no longer serve concurrently as chairman

category:Finance
 Boeings board of directors decided that the current CEO would no longer serve concurrently as chairman


Boeings board of directors said the decision was the latest in a number of actions taken by Boeings board and senior Boeing leadership to strengthen corporate governance and safety management processes.

David L. Calhoun said, The board is confident that Dennis will be the CEO and believes that this division of labor will enable the board to play an active supervisory role, thus maximizing its focus on business operations. The board also plans to appoint a new director in the near future, who will have extensive safety experience and expertise to serve the board of directors and the newly established Aerospace Safety Committee of the company.

Dennis A. Muilenburg said, I fully support the boards action. Our entire team is focused on getting 737MAX back to service safely and fulfilling all our companys commitments.

Boeing established a permanent board of directors Aerospace Safety Committee in September this year. Its main responsibility is to supervise and ensure the safe design, research and development, manufacture, production, operation, guarantee and delivery of Boeings aerospace products and services.

Edmund giambastiani, former vice chairman of the Joint Chiefs of staff, was appointed chairman of the Aerospace Safety Committee. The board also appointed two current Boeing board members to the committee, including Lynn J. Good, chairman, president and CEO of Duke Energy, President of Emerald Creek Group, and Lawrence Kellner, former chairman and CEO of Continental Airlines. According to Boeing, these board members have extensive experience in leading leading leading companies and organizations in regulated industries that are safety-oriented, as well as government entities. In addition, Boeings board of directors has revised its corporate governance charter to include safety related experience as one of the criteria for selecting future directors. Source of this article: Peng Mei News Responsible Editor: Zheng Haoyuan_NB12722

Edmund giambastiani, former vice chairman of the Joint Chiefs of staff, was appointed chairman of the Aerospace Safety Committee. The board also appointed two current Boeing board members to the committee, including Lynn J. Good, chairman, president and CEO of Duke Energy, President of Emerald Creek Group, and Lawrence Kellner, former chairman and CEO of Continental Airlines. According to Boeing, these board members have extensive experience in leading leading leading companies and organizations in regulated industries that are safety-oriented, as well as government entities.