Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Boeing Strips CEO Of Chairmanís Job
Wall Street Journal ^ | 11 October 2019 | Andrew Tangel

Posted on 10/13/2019 2:16:41 PM PDT by CodeToad

Boeing Co.’s board stripped Chief Executive Dennis Muilenburg of his dual role as chairman on Friday in an unexpected shake-up at the highest ranks of the company amid the prolonged crisis of its 737 MAX plane.

(Excerpt) Read more at wsj.com ...


TOPICS: Business/Economy
KEYWORDS: 737; boeing; max
Board members are all buddies. This isn't a punishment, this is a strategic move. Speculation, anyone?
1 posted on 10/13/2019 2:16:41 PM PDT by CodeToad
[ Post Reply | Private Reply | View Replies]

To: CodeToad

P.S. I know WSJ is a paywall, but the article isn’t the news; the title says it all.


2 posted on 10/13/2019 2:19:52 PM PDT by CodeToad ( Hating on Trump is hating on me and Americans!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: CodeToad

They might be losing contracts and hemorrhaging money. Clients telling them nothing about Boeing has changed, especially at the top, so why should they have confidence in doing business with them. “Shakeup” is step one in addressing their image to keep clients and maybe turn the the company around...?

My speculation based upon the OP’s givens.


3 posted on 10/13/2019 3:06:15 PM PDT by BradyLS (DO NOT FEED THE BEARS!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: CodeToad

Change at the top leaves the same guy running the company. Looks like window dressing at this point.

(In before the Boeing cheerleaders)


4 posted on 10/13/2019 4:20:03 PM PDT by PAR35
[ Post Reply | Private Reply | To 1 | View Replies]

To: CodeToad

Ditch the entire executive board and tell the new people the bean counters don’t get to run the company.


5 posted on 10/13/2019 4:24:32 PM PDT by yldstrk (Bingo! We have a winner!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: BradyLS

Yep. Optics. Totally agree.

“Someone has to pay!” OK, our Chairman is demoted. *snicker*


6 posted on 10/13/2019 4:47:52 PM PDT by CodeToad ( Hating on Trump is hating on me and Americans!)
[ Post Reply | Private Reply | To 3 | View Replies]

To: yldstrk

Did you know that Nikki Haley is on the board now? Right after Boeing paid Obama $10 million to give a small speech in January 2019.


7 posted on 10/13/2019 4:48:42 PM PDT by CodeToad ( Hating on Trump is hating on me and Americans!)
[ Post Reply | Private Reply | To 5 | View Replies]

To: yldstrk

“tell the new people the bean counters don’t get to run the company”

Actually, Boeing did change that to some extent. Usually only managers get authority, but now engineers report to a new guy and managers lost some control.


8 posted on 10/13/2019 4:49:57 PM PDT by CodeToad ( Hating on Trump is hating on me and Americans!)
[ Post Reply | Private Reply | To 5 | View Replies]

To: CodeToad

tell us all!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


9 posted on 10/13/2019 6:33:55 PM PDT by ldish (Have had enough...you??????)
[ Post Reply | Private Reply | To 8 | View Replies]

To: ldish
It was a Boeing press release about that.

Boeing Chairman, President and CEO Dennis Muilenburg Announces Changes to Sharpen Company Focus on Product and Services Safety

10 posted on 10/14/2019 6:42:05 AM PDT by CodeToad ( Hating on Trump is hating on me and Americans!)
[ Post Reply | Private Reply | To 9 | View Replies]

To: CodeToad

thanks!


11 posted on 10/14/2019 10:14:46 PM PDT by ldish (Have had enough...you??????)
[ Post Reply | Private Reply | To 10 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson