Board of directors of Boeing Company (NYSE: BA) has announced the separation of the roles of chairman and chief executive officer, the company said.
Dennis A. Muilenburg continues as CEO, president and a director. The board elected David L. Calhoun, current independent lead director, to serve as non-executive chairman.
The board said splitting the chairman and CEO roles will enable Muilenburg to focus full time on running the company as it works to return the 737 MAX safely to service, ensure full support to Boeing´s customers around the world, and implement changes to sharpen Boeing´s focus on product and services safety. This decision is the latest of several actions by the board of directors and Boeing senior leadership to strengthen the company´s governance and safety management processes.
Boeing is an aerospace company and provider of commercial airplanes, defense, space and security systems, and global services. As a US exporter, the company supports commercial and government customers in more than 150 countries.
