NY Times: Boeing Fires C.E.O. Dennis Muilenburg
Dec 23, 2019, 7:21 am
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NY Times: Boeing Fires C.E.O. Dennis Muilenburg
https://www.wsj.com/articles/boeing-...d=breakingnews (paywall)
Muilenburg just resigned. Surprised he hung on this long between pressure on the board to act and the public leaks about conflict between Dennis and the FAA in recent meetings. I don't know much about Kellner because I never flew CO in his era but seems to me that appointment would be more focused on trying to smooth over customer relationships as opposed to FAA conflicts.
Muilenburg just resigned. Surprised he hung on this long between pressure on the board to act and the public leaks about conflict between Dennis and the FAA in recent meetings. I don't know much about Kellner because I never flew CO in his era but seems to me that appointment would be more focused on trying to smooth over customer relationships as opposed to FAA conflicts.
Dec 23, 2019, 7:51 am
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Boeing CEO Dennis Muilenburg SACKED by the Board over MAX!
Dennis Muilenburg was at the helm when Boeing changed course from safety and excellence to cost cutting, launched the 737 MAX as a 737 upgrade concealing the need to mediate between pilot and controls with MCAS software.
Presumably, Boeing can now overhaul the corporate culture, reestablish credibility, remediate the MAX disaster - as well as the KC-46 and 787 manufacturing problems - and get back to business. Assuming the Board insists the hard work of corporate cultural change and isn’t firing Muilenburg for effect.
Presumably, Boeing can now overhaul the corporate culture, reestablish credibility, remediate the MAX disaster - as well as the KC-46 and 787 manufacturing problems - and get back to business. Assuming the Board insists the hard work of corporate cultural change and isn’t firing Muilenburg for effect.
Boeing said in a statement that its board of directors “decided that a change in leadership was necessary to restore confidence in the company moving forward as it works to repair relationships with regulators, customers, and all other stakeholders.”
Dec 23, 2019, 8:05 am
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Boeing Fires C.E.O. Dennis Muilenburg
Wasn't sure where to post this:
https://www.nytimes.com/2019/12/23/b...uilenburg.html
Who didn't see this coming?
https://www.nytimes.com/2019/12/23/b...uilenburg.html
Who didn't see this coming?
Dec 23, 2019, 8:06 am
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The cynic in me thinks that this mostly a face saving operation in a desperate attempt to try to get their re-certification for the MAX sooner as opposed to later, but somebody was eventually going to have to fall on this sword. I'm sure Dennis' golden parachute will be leave him more than comfortable until his next gig.
Dec 23, 2019, 8:12 am
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NY Times: Boeing Fires C.E.O. Dennis Muilenburg
https://www.nytimes.com/2019/12/23/b...uilenburg.html
Looks like the board got fed up with rolling delAAys in 737MAX return to service. Unclear how much the Starliner fizzle contributed.
Looks like the board got fed up with rolling delAAys in 737MAX return to service. Unclear how much the Starliner fizzle contributed.
Dec 23, 2019, 8:17 am
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https://www.wsj.com/articles/boeing-...d=breakingnews (paywall)
Muilenburg just resigned. Surprised he hung on this long between pressure on the board to act and the public leaks about conflict between Dennis and the FAA in recent meetings. I don't know much about Kellner because I never flew CO in his era but seems to me that appointment would be more focused on trying to smooth over customer relationships as opposed to FAA conflicts.
Muilenburg just resigned. Surprised he hung on this long between pressure on the board to act and the public leaks about conflict between Dennis and the FAA in recent meetings. I don't know much about Kellner because I never flew CO in his era but seems to me that appointment would be more focused on trying to smooth over customer relationships as opposed to FAA conflicts.
Dec 23, 2019, 8:19 am
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Wow, all it took was one article in the NY Times (yesterday’s piece about how his bumbling response to the MAX crisis made things worse).
Dec 23, 2019, 8:23 am
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This is also being reported on MSNBC. It may be that launching the Boeing Starliner into the wrong orbit was the final nail in the coffin.
Last edited by Nikongirl; Dec 23, 2019 at 12:11 pm Reason: corrected typo
Dec 23, 2019, 8:44 am
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CNBC reported today that the last straw was him publishing a timeline for Max to return to service meanwhile the FAA repeatedly stated they were in control of that. They called him to DC last week to clarify that. That was enough for the board and he was gone.
Dec 23, 2019, 8:51 am
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Wow, all it took was one article in the NY Times (yesterday’s piece about how his bumbling response to the MAX crisis made things worse).
Now, as JDiver says, the board has to be serious about corporate culture change if they want Boeing to be successful long run.
Dec 23, 2019, 8:58 am
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Not sure which one of those would technically be better or worse based on his employment contract... Generally its the economics that drive how that is worded (because a non-control equity owner CEO always basically serves at the pleasure of the board).
Dec 23, 2019, 9:12 am
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Just reinforces to me how bad the processes and procedures must be at Boeing and how they ended up with the MAX debacle.