Boeing CEO quits as 737 Max drama drags on

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23 December 2019

Boing CEO Dennis Muilenburg resigned Monday morning as the airplane maker’s crisis with it’s key 737 Max jets drags on nine months after it was grounded, the company said, APA reports citing DW.

The move comes a week after Boeing announced it would halt production on its 737 Max production line in Renton, Washington and a tense meeting with FAA Administrator Stephen Dickson over external pressure being applied by Boeing to recertify the plane.

Boeing said David L. Calhoun, Boeing’s chairman and a senior manager with Blackstone Group , will take over the Chicago-based company. Former Continental Airlines CEO Larry Kellner would take a position as non-executive chairman and Calhoun will remain on the board of directors.

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THE OPERATION IS BEING PERFORMED