Boeing Co’s CEO, Dave Calhoun, is set to resign by the end of the year as part of a significant management overhaul prompted by the ongoing safety crisis stemming from a mid-air panel blowout on a 737 MAX aircraft in January.
The planemaker also announced the retirement of Stan Deal, President and CEO of Boeing Commercial Airplanes, with Stephanie Pope taking over leadership of that division. Steve Mollenkopf has been named the new chair of the board.