Boeing CEO Dennis Muilenburg resigned today following a front-page New York Times story about the 55-year-old executive putting pressure on the Federal Aviation Administration to move more quickly in allowing the 737 Max jet to return to service.
In announcing Muilenburg's departure, Boeing said it “decided a change of leadership was necessary to restore confidence in the company as it works to repair relationships with regulators, customers and other stakeholders.”
Chairman David Calhoun will take over as president/CEO effective Jan. 13. Board member Lawrence Kellner today slides into the non-executive chairman slot. CFO Greg Smith will serve as interim CEO during the leadership transition to Calhoun.
Boeing brought in Edelman in May to help navigate the 737 Max turbulence.