Boeing raises retirement age for CEO Calhoun by 5 years, CFO to retire
Publishing timestamp: 2021-04-20 13:05:02
Summary
Boeing raises CEO's retirement age to 70, CFO to retire in July. Shareholders re-elect board members. Company aims to stabilize financially as air travel recovers from pandemic slump. CEO prioritizes reducing debt and aims to pay dividends again once aviation industry recovers.
Sentiment: MIXED
Keywords: transportation, united airlines holdings inc, boeing co, southwest airlines co, airlines, life, breaking news: business, aerospace and defense industry, business news, markets, travel, business,
Source: https://www.cnbc.com/2021/04/20/boeing-ceo-retirement-age-cfo-smith-retiring.html