The Boeing Board removed CEO Dennis Muilenburg as chairman, so he could focus on getting the 737 MAX safely return to service
The company announced that its Board of Directors has separated the roles of chairman and chief executive officer.
Dennis A. Muilenburg continues as CEO, president and a director. Dennis A. Muilenburg has been the president and chief executive officer of The Boeing Company since July 1, 2015, and became the chairman of the board of directors in March 2016.
The board elected David L. Calhoun, current independent lead director, to serve as non-executive chairman.
The board said splitting the chairman and CEO roles will enable Muilenburg to focus full time on running the company as it works to return the 737 MAX safely to service, ensure full support to Boeing’s customers around the world, and implement changes to sharpen Boeing’s focus on product and services safety.
This decision is the latest of several actions by the board of directors and Boeing senior leadership have been taking after the issues clouded over 737MAX.
Boeing is the world’s largest aerospace company that employs more than 150,000 people worldwide and leverages the talents of a global supplier base.