Boeing's board stripped CEO Dennis Muilenburg of his dual role as chairman following two deadly crashes of its 737 MAX jet
By Andrew Tangel Updated Oct. 11, 2019 6:39 pm ET Boeing Co. ’s board stripped Chief Executive Dennis Muilenburg of his dual role as chairman on Friday following two deadly crashes of its 737 MAX jet.
David Calhoun, a private-equity executive who has been the board’s lead director, will become its chairman, the company said. Mr. Calhoun said in a statement the board has “full confidence in Dennis as CEO and believes this division of labor will enable maximum focus on running the business with the board playing an active oversight role.”
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