Boeing CFO guided aircraft maker through 737 max crisis

Boeing Co.’s finance chief Greg Smith served as a steady hand during the aircraft manufacturer’s recent years of tumult from the grounding of the 737 MAX to the coronavirus pandemic. Finding a successor after his unexpected departure might be tough, people close to the company and analysts said.

Chicago-based Boeing Tuesday said that Mr. Smith, a 30-year company veteran, plans to retire July 9. The company also said it raised the retirement age for Chief Executive David Calhoun to 70 and extended his potential tenure for up to five years. “With the company well positioned going forward, the timing is right for me personally to begin a new chapter outside of Boeing,” Mr. Smith said in a statement.