Boeing CEO Resigns Amid Spiraling Controversy

( – After a high-profile safety incident on one of its planes, the company has decided to conduct a reshuffle of is c-suite and upper management, with Dave Calhoun, Boeing’s CEO, saying that he would step down from his position at the end of the year.

The reshuffle also saw the immediate departure of Dave Calhoun, who served as the head of the aircraft manufacturing company’s commercial planes division. Calhoun will retire, with Stephanie Pope, who is currently the company’s chief operating officer, assuming the vacant position.

The management changes in one of America’s most prized companies follows a high-profile incident in early January this year where a panel blew off midflight on a Boeing 737 Max 9 flying under Alaska Airlines. The incident came just five years after the devastating crashes of two Boeing 737 Max 8 planes which led to the deaths of close to 350 passengers and crew onboard.

Following the incident, the Federal Aviation Administration (FAA) grounded all Boeing 737 Max 9 aircraft, but issued clearances for them to fly again later in January. However, the aircraft regulatory body also put a cap on Boeing’s plans to increase production of additional models of the said aircraft. An FAA audit also revealed multiple safety lapses in the production of Max airplanes, with regulator giving Boeing until May this year to address those issues.

The FAA also issued a notice to passengers of the Alaska Airlines flight that they may be a “possible victim of a crime.”

Other significant management changes in the company include the eventual replacement of Larry Kellner as chairman of Boeing’s board of directors. Kellner will ostensibly remain on the board, but the chairman’s seat will be assumed by Steve Mollenkopf, the former chief executive of chipmaker Qualcomm. Mollenkopf will then head efforts to secure a replacement for Calhoun. Mollenkopf is also set to meet with a number of heads of major airlines to discuss concerns on safety and quality lapses in the company’s planes.

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