Boeing names new CEO after losses more than triple | Business

Category: Business

Boeing appointed Robert 'Kelly' Ortberg as its new CEO following a $1.4 billion core operating loss in Q2, significantly higher than the previous year. Ortberg, an engineer with a history in the aviation industry, replaces Dave Calhoun amid ongoing scrutiny of the company's safety and quality issues. His leadership is seen as a potential shift towards prioritizing engineering over finance.

Keywords: Boeing, CEO appointment, Robert Ortberg

Source: CNN

Update At: 7/31/2024

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