Muilenburg Out as Boeing Chairman, Remains CEO | Aviation International News

Muilenburg Out as Boeing Chairman, Remains CEO

The Boeing board voted to segregate the chairmanship and CEO role to strengthen the company’s governance and safety oversight.

By Gregory Polek • Senior Editor

October 14, 2019

Boeing’s board of directors has separated the roles of chairman and CEO, electing current independent lead director David Calhoun to replace Dennis Muilenburg as non-executive chairman and leaving Muilenburg in place as president and CEO, the company announced late Friday. The board said splitting the chairman and CEO roles would allow Muilenburg to concentrate all his efforts on running the company as it works to return the 737 Max to service, ensure full support to Boeing’s customers, and implement changes to sharpen Boeing’s focus on product and services safety. It added that the decision stems from a desire to strengthen the company’s governance and safety management processes.

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