Boeing has terminated Dennis Muilenburg and replaced its former CEO with company chairman David Calhoun. Lawrence W. Kellner will now serve as Chairman of the Board.
The decision was prompted by the public relations disaster surrounding Boeing’s 737 MAX aircraft, which were involved in two fatal crashes that happened just six months apart. Investigations found that anti-stall software (which pilots weren’t properly trained on) was to blame.
Boeing’s leadership change is meant to “restore confidence in the Company moving forward as it works to repair relationships with regulators, customers, and all other stakeholders.” It’s also a commitment toward “full transparency, including effective and proactive communication with the FAA, other global regulators and its customers.”
Mr. Calhoun said, “I strongly believe in the future of Boeing and the 737 MAX. I am honored to lead this great company and the 150,000 dedicated employees who are working hard to create the future of aviation.”