this news is now really getting out there. CEO, chair and one...

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26/03/24

10:24

Post #: 73058032
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Originally posted by Rajenp5: ↑

So CEO David Calhoun is leaving Boeing end of year, along with others in upper management. Amazing that he has not been let go with prejudice. He replaced Dennis Muilenberg who was ousted in 2020 because of the recent safety records. An example of Calhouns 'management' of Boeing..

In a March 2020 interview with The New York Times, Calhoun discussed the 737 MAX's MCAS software, saying that Boeing had made a "fatal mistake" in expecting that pilots could immediately correct the software problems. He went on to explain that "pilots [in Ethiopia and Indonesia] don't have anywhere near the experience that they have here in the U.S." He
unsuccessfully requested to go off the record after being asked whether American pilots would have been able to control the situation, and then replied, "[f]orget it, you can guess the answer."

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this news is now really getting out there. CEO, chair and one senior department head out. Surely they have to bring in ones with the engineering expertise needed and if that is the case more leadership changes will follow. A whole structural change is coming and can only be great news for SMN, better people to deal with. Just wondering what these present cert engineers are now thinking step up or step aside. Safety will be the prime concern for whoever steps in to lead.

SMN Price at posting: 44.0¢ Sentiment: Hold Disclosure: Held
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