Boeing CEO loses chairman title as company separates roles after 737 Max crisis
Boeing CEO loses chairman title as company separates roles after 737 Max crisis
Boeing’s board removed CEO Dennis Muilenburg as chairman so he can focus on running the company after the 737 Max crisis, the company said Friday.Boeing is facing numerous investigations and criticism over its 737 Max planes, following two fatal crashes within five months of one another that killed a total of 346 people.
The manufacturer is scrambling to get regulators to allow its 737 Max planes to fly again. They have been grounded worldwide since mid-March, after the second of the two crashes, an Ethiopian Airlines flight with 157 people on board. A Lion Air 737 Max went down in Indonesia shortly after takeoff on Oct. 29, 2018, killing all 189 people on the flight.Boeing said the changes will allow Muilenburg to focus on getting the Max back to service and that lead director David Calhoun will serve as non-executive chairman.
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