Reported 3 months ago
Boeing has announced the appointment of Robert 'Kelly' Ortberg as its new CEO, effective August 8, 2024, succeeding David Calhoun, who will retire at year-end. The announcement comes as the company reported a staggering loss of over $1.4 billion in the second quarter, worsened by declining revenues and ongoing investigations into its safety practices. Ortberg, an industry veteran, aims to stabilize the company amid production challenges and negative scrutiny following the tragic 737 Max incidents.
Source: YAHOO