Boeing CEO Dave Calhoun is poised to exit the company after a flurry of safety incidents.
Set against a backdrop of controversy and scrutiny, his departure promises to reshape the trajectory of the aerospace giant.
Calhoun’s tenure has been marred by challenges, ranging from regulatory investigations to whistleblower allegations.
His departure signals a significant transition for Boeing. Reports suggest Calhoun could receive a payout of up to $45.5 million, contingent on the company’s stock performance.
Boeing is receiving unprecedented scrutiny during a tumultuous period for the aircraft manufacturer.
Calhoun has been at the helm for four years. He took over from Dennis Muilenberg who resigned after similar safety scandals.
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Boeing CEO faces Safety Issues
The announcement of Calhoun’s departure comes after series of safety incidents plagued Boeing.