Boeing CEO Dave Calhoun will leave the Seattle-based airframer by the end of the year as company stuggles with recent issues resulting in two fatal accidents and several serious incidents on its Boeing 737 and 787 range.
Stan Deal, Head of Commercial Airplanes at Boeing is also retiring with imemdiate effect due to the ongoing crisis with the company.
Calhoun took the job at Boeing after preveious CEO Dennis Muilenburg was forced out of the company in the wake of the Boeing 737 Max scandal which resulted in two fatal accients claiming the lives of 346 people. It emerged that the cause was a software issue with the aircraft which was mishandled by the airframer.
More recent issues centre around production standards with 737 Max and 787 Dreamliner airliners with the most recent incident involving an emergency door blowing out of an Alaska Air 737 Max 9 due to missing bolts.
Boeing is now facing a criminal investigation over the Alaska Air incident after the NTSB reported intitially that the bolts had not been fitted during production.
Calhoun called the Alaksa Air incident a “watershed moment” for Boeing.
Boeing Chairman Larry Kellner will also not stand for relection.
About time boeing were pulled into line over failings for 737&787.