Boeing fired its CEO Dennis Muilenburg - as the company continues to battle fallout from its 737 Max crisis
Boeing CEO Dennis Muilenburg has been fired effective immediately, the company's board of directors announced Monday, as the plane maker continues to battle the fallout from two 737 Max crisis that left its best-selling plane in crisis.
Muilenburg will be replaced by David L. Calhoun, Boeing's chairman, on January 13, according to the news release.
The aviation giant has this year been gripped by a huge crisis over its handling of two crashes involving the 737 Max plane. The two crashes, in October 2018 and March 2019, killed a total of 346 people. At the time, Muilenburg said the company expected the plane to return to service within six weeks.
"The Board of Directors decided that a change in leadership was necessary to restore confidence in the Company moving forward as it works to repair relationships with regulators, customers, and all other stakeholders," the news release said.
The statement did not explicitly mention the 737 Max crisis beyond Calhoun saying he believes in "the future of Boeing and the 737 Max."
There's still no set return date for the plane, as in-progress planes sit idle near Boeing's factories. Airlines continue to push back their estimated dates of service, with United Airlines now estimating a June return.
"Under the Company's new leadership, Boeing will operate with a renewed commitment to full transparency, including effective and proactive communication with the FAA, other global regulators and its customers," the statement said. "Dave has deep industry experience and a proven track record of strong leadership, and he recognizes the challenges we must confront."
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