It’s been a rough year for Boeing and their manufactured commercial airplanes. In January, a panel on one of its Boeing 737 Max 9 planes blew out midair on a flight carrying 177 people via Alaska Airlines. A tire fell off a Boeing 777 operated by United Airlines during a flight departing from San Francisco International Airport to Osaka, Japan earlier last week. Not long after, another United Airlines-operated Boeing 737 MAX tire rolled onto the grass and off the runway at George Bush Airport in Houston.
Now this week, 50 passengers who had been traveling on a Boeing 787 Dreamliner from Sydney, Australia, to New Zealand were injured due to technical malfunctions mid-flight.
Many frequent flyers are becoming hesitant to fly on Boeing planes, especially considering new reports that Boeing is sidelining official investigations into these occurrences. The spotlight of questions highlights Dave Calhoun, the CEO of Boeing. Here are five things to know about the troubled leader of the company…
While $BA narrowed its losses, the manufacturer’s 737 Max 9 crisis has led it to postpone guidance.
CEO Dave Calhoun tells @lebeaucarnews: This isn’t a vote of confidence or not confidence. This just isn’t the right time. Nobody needs additional time pressure at this moment. pic.twitter.com/WMVVsEzMG4
— Squawk on the Street (@SquawkStreet) January 31, 2024
#1 GE to Boeing: Calhoun joined General Electric (GE) and dedicated 26 years of service until 2005. During his tenure, he held positions overseeing various GE units, including transportation, aircraft engines, reinsurance, and lighting. His contributions led to his appointment as vice chairman and a member of GE’s Board of Directors. In 2009, Calhoun commenced his career with Boeing.
#2 Ethiopia and Indonesia: Following major Boeing aircraft incidents in Ethiopia and Indonesia, Calhoun concluded foreign air pilots were not as well equipped to handle software issues as American pilots.
#3 DEI initiator: Calhoun is known for his initiatives that push Diversity, Equity, and Inclusion tactics as a part of Boeing’s recruitment strategies. In a companywide letter in 2o22, he touted Boeing’s push to hire more people of color and women for key engineering jobs at many of their facilities.
This is what Boeing is today. Between the CEO Dave Calhoun and Transportation Secretary @PeteButtigieg how can anyone trust these airlines? Or flying? #DEI #Equity $BA pic.twitter.com/7cckq92OZW
— Kobeissi (@Gopic) March 8, 2024
#4 Ed Pierson: Ed Pierson, a former senior manager, reached a point where he felt unable to continue in his role overseeing Boeing’s 737 MAX program in Washington. He witnessed a decline in employee morale and observed lapses in oversight and assembly procedures. Despite conveying his concerns to superiors, including Calhoun, Pierson retired shortly thereafter. Since then, he has testified before Congress, sharing firsthand accounts of the issues he witnessed and highlighting leadership failures under Calhoun’s guidance.
#5 Moneymaker: Calhoun has a base salary of $1.4 million, but the dollar doesn’t stop there. In 2022, Calhoun obtained a compensation of $22.5 million through stock and option awards. During February of this year, Boeing granted Calhoun an incentive of approximately $5.29 million in the form of restricted stock units, aiming to encourage his continued commitment throughout the company’s brand recovery.
The post 5 Things to Know About Dave Calhoun, the CEO of Boeing appeared first on Dennis Michael Lynch.
Click this link for the original source of this article.
Author: Online
This content is courtesy of, and owned and copyrighted by, https://dennismichaellynch.com and its author. This content is made available by use of the public RSS feed offered by the host site and is used for educational purposes only. If you are the author or represent the host site and would like this content removed now and in the future, please contact USSANews.com using the email address in the Contact page found in the website menu.