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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Boeing Co | NYSE:BA | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
1.02 | 0.57% | 179.87 | 180.49 | 177.90 | 179.50 | 5,416,265 | 01:00:00 |
By Andrew Tangel
Kevin McAllister is leaving Boeing as head of the commercial airplanes unit at Boeing Co., the biggest company casualty of the crisis surrounding its 737 MAX airliner.
Mr. McAllister joined Boeing in November 2016 as chief executive of Boeing Commercial Airplanes, where he was credited by analysts with improving its production system, but he has faced criticism from some airlines over his communication surrounding the grounding of the MAX and efforts to return it to service.
The departure, which could come as soon as later Tuesday, comes 10 days after Chief Executive Dennis Muilenburg was stripped of his chairman role at the world's largest aerospace company by sales. He remains CEO, with David Calhoun, a former GE executive, taking on the chairman role.
Write to Andrew Tangel at Andrew.Tangel@wsj.com
(END) Dow Jones Newswires
October 22, 2019 15:40 ET (19:40 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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