BofA, Stifel analysts weigh in on Boeing (BA) leadership shakeup

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Boeing (BA) CEO to step down as plane maker undergoes management reshuffle

March 25, 2024 8:20 AM EDT

(Updated - March 25, 2024 9:34 AM EDT)

(Updated - March 25, 2024 9:32 AM EDT)

Boeing (NYSE: BA) announced significant management changes on Monday, with Dave Calhoun to step down as CEO at the end of 2024.

Furthermore, Board Chair Larry Kellner has informed the company he does not intend to stand for re-election at the upcoming Boeing annual shareholder meeting, with the board electing Steve Mollenkopf to succeed Kellner as independent board chair. Mollenkopf has served on the Boeing board since 2020. He was previously CEO of Qualcomm.

Meanwhile, Stan Deal, Boeing Commercial Airplanes... More