Boeing fired its CEO in a move to regain trust

Boeing fired its CEO in a move to regain trust
Boeing has been accused of prioritising profit before safety after 340 people died in these crashes. Source: Getty Images
2 Min Read

Daily US Times: Boeing fired its chief executive Dennis Muilenburg in a move to regain confidence in the firm after two deadly crash involving its 737 Max plane cost many lives.

Boeing has been accused of prioritising profit before safety after 340 people died in these crashes.

Families of the victims welcome Boeing’s this decision. But they criticised and raised questions about its commitment to change when the company decided to replace Muilenberg with a long-term board member.

David Calhoun has been named the new chief executive. He is currently the chairman of Boeing and has been serving on the company’s board since 2009.

Victims families don’t consider Mr Calhoun as the right person to be made chief executive of the company.

One of them is Paul Njoroge, who lost his wife, three children and mother-in-law when Ethiopian Airlines Flight 302 crashed in March said ‘While the resignation of Mr Muilenburg is a step in the right direction, it is clear that the Boeing Company needs a revamp of its corporate governance.’

Zipporah Kuria also lost her father in the same Ethiopian flight. She said a lot of people should have resigned after the incidents, including the person who is becoming CEO now.

Boeing, one of the world’s top airline company, came under serious scrutiny when two of its planes crashes within a short period of time, one is in Indonesia, another one is in Ethiopia.

Both of the crashed planes are its new 737 Max planes. Since the last incident happened in March, the entire fleet of this model have been grounded worldwide.

The company was hoping its best-selling jet back in the air by the end of this year. But US regulators have made it clear it would not give certificate to make the jet back in the air that quickly.

Following this, Boeing halted the production of the plane earlier this month.

In a statement, Boeing’s board said it had ‘decided that a change in leadership was necessary to restore confidence in the company moving forward as it works to repair relationships with regulators, customers, and all other stakeholders’.

The new CEO will take over from 13 January.