Dave Calhoun, president and CEO of Boeing (NYSE: BA), will step down from his roles at the end of 2024 as part of a series of leadership changes at the Arlington, Virginia-based aerospace and defense contractor.
He will continue to manage the company throughout the year to finalize the ongoing critical work, Boeing said Monday.
âWe will remain squarely focused on completing the work we have done together to return our company to stability after the extraordinary challenges of the past five years, with safety and quality at the forefront of everything that we do,â Calhoun stated.
Steve Mollenkopf, a board member since 2020, has been elected to succeed Larry Kellner as independent board chair and will oversee the process of finding the next chief executive of Boeing.
“I am fully confident in this company and its leadership â and together we are committed to taking the right actions to strengthen safety and quality, and to meet the needs of our customers,â Mollenkopf said. âI also want to thank both Larry and Dave for their exceptional stewardship of Boeing during a challenging and consequential time for Boeing and the aerospace industry.”
Stephanie Pope, most recently chief operating officer of Boeing, has been appointed to serve as president and CEO of Boeing Commercial Airplanes, succeeding the retiring Stan Deal.
