#BoeingLeadership #AerospaceIndustry #BusinessTurnaround
Boeing Taps Former Collins Aerospace CEO Kelly Ortberg to Replace Dave Calhoun
Boeing has announced that Kelly Ortberg, the former CEO of Collins Aerospace, will take over as the new CEO, replacing Dave Calhoun. This significant leadership change aims to revitalize the company's performance and address ongoing challenges.
Ortberg brings extensive experience in the aerospace industry, having led Collins Aerospace through its merger with United Technologies Corporation. His expertise in managing complex operations and driving growth will be crucial in Boeing's efforts to recover from recent setbacks.
Under Calhoun's leadership, Boeing faced significant challenges, including the 737 MAX crisis and supply chain disruptions. The company's stock, $BA, has struggled to regain its pre-pandemic levels, and investors are eager for a turnaround.
Ortberg's appointment is seen as a strategic move to inject fresh perspectives and leadership into the company. His ability to navigate complex mergers and drive operational efficiency will be essential in addressing Boeing's current challenges.
The aerospace industry is closely watching this leadership change, as Boeing's performance has significant implications for the global supply chain and the broader economy.
Original Article: https://www.cnbc.com/2024/07/31/boeing-taps-former-collins-aerospace-ceo-kelly-ortberg-to-replace-dave-calhoun.html
Leave a Reply