Boeing’s Epic Bad Year Ends With Space Dud, CEO in Jeopardy


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Boeing’s Epic Bad Year Ends With Space Dud, CEO in Jeopardy

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The Starliner’s mishap delivered the latest blow to Boeing’s century-old legacy of engineering prowess, adding to the pressure on the board as 2019 draws to a close. The flop came days after Muilenburg’s handling of the 737 Max disasters drew fire from three leading business publications, with the Wall Street Journal and Economist going so far as calling for his ouster. 

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Despite the tumult, directors of the Chicago-based company are sticking with Muilenburg. Through a spokesman, Boeing Chairman Dave Calhoun said he stood by comments he made reiterating the board’s support in a Nov. 5 interview with CNBC.

More: https://www.bloomberg.com/news/articles/2019-12-21/boeing-s-epic-bad-year-ends-with-space-dud-ceo-in-jeopardy

Edited by Emn1ty
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