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Boeing CEO Dave Calhoun to Step Down Following Recent Safety Incidents

Boeing CEO Dave Calhoun will be stepping down from his position at the end of the year, as announced by the company itself. The chairman of the board, Larry Kellner, also stated that he does not plan to run for re-election at the next shareholders meeting. Steve Mollenkopf will be taking over as the independent president and will lead the process of selecting the next CEO.

The decision comes after a series of setbacks at Boeing, including an investigation by the Federal Aviation Administration into a 737-9 (MAX) aircraft of Alaska Airlines, where part of the fuselage detached during a flight. The US Government had previously ordered the grounding of all Boeing 737-9 (MAX) planes until safety concerns were addressed.

In a letter to employees, Calhoun referenced the Alaska incident as a “turning point” for Boeing and emphasized the need for transparency and a commitment to safety and quality. Despite

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