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The Challenges Boeing's New CEO Is Facing
Friday, January 10, 2020 - 3:45pm | 762Boeing Co (NYSE: BA) Chairman David Calhoun won't be able to fly under the radar once he takes over as CEO at the beleaguered American jet maker Monday. Calhoun will take over the controls from Dennis Muilenburg, who was forced to step down last month in the tumultuous aftermath of two crashes...
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What To Make Of Boeing's New Temporary CEO
Tuesday, December 24, 2019 - 11:35am | 431Boeing Co (NYSE: BA) named Chairman David Calhoun as its new CEO, but he will merely act as a "seat warmer" as the company searches for a "fresh" CEO. Temporary Duties Calhoun will assume the CEO title and oversee the return of the grounded 737 MAX to the skies. FlightGlobal...
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Boeing's Management Shuffle: The Early Reaction
Monday, December 23, 2019 - 2:47pm | 594Shares of Boeing Co (NYSE: BA) gained more than 2% Monday morning after the airplane manufacturer announced CEO Dennis Muilenburg's immediate resignation. Boeing CFO Greg Smith will serve as interim CEO through Jan. 13, at which point Boeing Chairman David Calhoun will...
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Boeing Names New CEO As 737 Max Struggles Continue, Says Change Necessary To Restore Confidence
Monday, December 23, 2019 - 10:43am | 498Boeing Co (NYSE: BA) CEO Dennis Muilenburg has resigned effectively immediately, the plane manufacturer announced Monday, and current Chairman David Calhoun has been named as CEO and president beginning Jan. 13. Boeing Chief Financial Officer Greg Smith will serve as interim CEO during...
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Boeing Chairman Talks CEO Compensation, Says Muilenburg 'Didn't Create This Problem'
Tuesday, November 5, 2019 - 12:20pm | 440Boeing Co (NYSE: BA) CEO Dennis Muilenburg faced "uncomfortable questions" related to compensation when he testified in front of U.S. lawmakers, Boeing Chairman David Calhoun told CNBC in a Tuesday interview. Compensation Muilenburg faced two days of congressional questioning in...
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Blackstone's COO Thinks A Market Correction Is Coming
Tuesday, November 17, 2015 - 12:53pm | 343Blackstone Group LP (NYSE: BX)'s President and COO Tony James said that a market correction is "coming." Speaking to CNBC, James highlighted many ongoing concerns, including the threat of terrorism, to justify the equity market taking a "pause." Blackstone's...