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Boeing taps aerospace veteran Ortberg to replace Dave Calhoun as CEO - TL;DR CNBC

Boeing taps aerospace veteran Ortberg to replace Dave Calhoun as CEO

Publishing timestamp: 2024-07-31 11:34:31


Summary

Boeing has named Robert "Kelly" Ortberg as the new CEO to replace Dave Calhoun. Ortberg, a longtime aerospace veteran, will face challenges in turning Boeing around, including persistent losses, regulator scrutiny, supply chain strains, and more. Investors were relieved by Ortberg's appointment, which ended months of uncertainty over Boeing's leadership.


Sentiment: MIXED

Tickers: BA,  A,  SPR, 

Keywords: breaking news: markets,  business news,  earnings,  raytheon technologies corp,  politics,  spirit aerosystems holdings inc,  breaking news: politics,  transportation,  markets,  boeing co,  airlines,  breaking news: business, 

Source: https://www.cnbc.com/2024/07/31/boeing-taps-former-collins-aerospace-ceo-kelly-ortberg-to-replace-dave-calhoun.html


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