Boeing's new chief executive David Calhoun assumed the job as the planemaker battles to recover from a crisis caused by two fatal crashes of 737 MAX planes
) new chief executive, David Calhoun, assumed the job on Monday as the U.S. planemaker battles to recover from two fatal crashes of 737 MAX planes that killed 346 people in five months and led to the model’s worldwide grounding in March.
Calhoun, a former executive at Blackstone private equity group and experienced corporate crisis manager, is already working to repair the company’s relationships with regulators, airlines and lawmakers. He previously headed a General Electric Co division that included airplane engines. Calhoun wants to “get rid of the culture of arrogance” at Boeing that led to the messages written by a small number of employees, the source said. Calhoun said in his Monday email the company “will foster an inclusive environment that embraces oversight and accountability and puts safety, quality and integrity above all else.”
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