Boeing’s President and CEO, Dave Calhoun, has announced his decision to step down from the CEO position by the end of 2024 while continuing to guide the company through ongoing initiatives aimed at stabilizing and positioning it for future success.
Larry Kellner, the current Board Chair, has communicated his intention not to seek re-election at the upcoming Annual Shareholder Meeting. Consequently, the board has elected Steve Mollenkopf to assume the role of independent board chair, overseeing the process of selecting Boeing’s next CEO. Additionally, Stan Deal, President and CEO of Boeing Commercial Airplanes (BCA), will retire from his position, with Stephanie Pope appointed as his successor, effective immediately.
In a letter addressed to employees, Calhoun expressed his gratitude for the opportunity to serve Boeing and emphasized the company’s commitment to prioritizing safety and quality throughout its operations.
Kellner, who has served on the Boeing Board for 13 years and as chair since late 2019, highlighted the importance of leadership transition and expressed confidence in Mollenkopf’s ability to lead the board effectively. Mollenkopf, who has been on the board since 2020 and previously served as CEO of Qualcomm, expressed his honor at stepping into the new role and underscored the company’s dedication to enhancing safety and meeting customer needs.
Pope, who has been serving as Boeing’s Chief Operating Officer since January, brings a wealth of experience to her new role as President and CEO of Commercial Airplanes, having previously held leadership positions across various Boeing business units.
Boeing, as a leading global aerospace company, remains committed to innovation, sustainability, and upholding its core values of safety, quality, and integrity as it continues to serve customers worldwide.
