On January 24, 2024, Boeing CEO Dave Calhoun arrived at the office of Senator Mark Warner (D-VA) on Capitol Hill in Washington, D.C., and had a brief conversation with reporters.
Drew Angler | Getty Images
boeing company Shareholders voted to re-elect outgoing CEO Dave Calhoun to a second term on the board of directors, preliminary tallies showed on Friday, as he sought to reassure investors that the manufacturer was on a path to stability amid the recent safety crisis. road.
Calhoun said in March that he would resign by the end of the year, months after a door plug panel on a Boeing 737 Max 9 plane exploded in flight, raising safety and quality control questions for the manufacturer new review. Boeing also replaced its board chairman and the head of its commercial aircraft division in the reorganization.
Boeing’s new chairman, Steve Mollenkopf, told shareholders at the company’s annual meeting on Friday that he had consulted with investors and customers about Calhoun’s successor. Proxy adviser Glass Lewis recommended shareholders vote against Calhoun and two other board members.
Boeing’s latest problems have led to a drop in deliveries of new planes, frustrating airline executives who complain about having to change flight schedules and reduce staffing. It has also further strained Boeing’s relationship with its regulator, the Federal Aviation Administration, which has stepped up inspections of the manufacturer.
Earlier this week, the U.S. Department of Justice said Boeing violated a 2021 settlement that shielded the company from criminal charges related to two fatal 737 Max crashes, putting Boeing at risk of U.S. Prosecution.