The owners install the board that installs the CEO. It's some owner's (shareholders) issue then not only the CEO's.
It's still a very capable company and will recover but I see a need to bring back more long term engineering thinking to the board level again and less stock exchange tuning. Boeing performed most impressive during it's NG and 777-300ER years. Now several programs wasted a lot of what could have been earned just because they were kept too tight early on. Other programs have been milked forever so big investments will be needed. However it sometimes feels like not products but fighting unions is top on their agenda right now. So they need more diplomacy and a clear product strategy again moving forward.