Boeing CEO to Step Down Amid Safety and Production Challenges

The aerospace giant announces a management overhaul in response to ongoing issues with its flagship 737 Max and other aircraft.

Boeing CEO Dave Calhoun announces retirement at year's end amid safety and production crises, with a search for his replacement underway.
Boeing to replace board chair and commercial airplanes unit chief, aiming to address safety concerns and restore trust.
Potential successors include GE CEO Larry Culp, Spirit AeroSystems interim CEO Pat Shanahan, and Carrier CEO David Gitlin, among others.
Boeing's struggles with the 737 Max and other aircraft have led to delivery delays, quality issues, and significant stock decline.
The leadership shake-up is seen as a crucial step towards instituting a safety-first culture and regaining market share.