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jmsflknr 8 months ago | hide | past | favorite



Curious to know if they'll go with another Jack Welch-lineage executive for the replacement (possible from the MD side of the family), or get a more 'technical' person.

* https://en.wikipedia.org/wiki/Jack_Welch#Legacy

* https://en.wikipedia.org/wiki/Financialization


Perhaps link to the 'root' source of the news:

> ARLINGTON, Va., March 25, 2024 /PRNewswire/ -- Boeing [NYSE: BA] President and CEO Dave Calhoun today announced his decision to step down as CEO at the end of 2024, and he will continue to lead Boeing through the year to complete the critical work underway to stabilize and position the company for the future.

* https://boeing.mediaroom.com/2024-03-25-Boeing-Announces-Boa...

If you go to https://www.boeing.com and click on "News" it will send you to http://boeing.mediaroom.com/ (which a giant jumble in a ? query).


A great company deconstructed by accountants focused on next quarter's numbers to the exclusion of product safety and long term viability.

Senseless --- but this is how corporate America rolls. Greed over all.


why would they care? they will land their golden parachutes is another company and continue to grow their endless fortunes.

I used to think they are people, but they act like num of $ in bank account is the only metric, only end. And they compete to impress other empty morons.


Man, those comments. What happened to Slashdot?

(edit: more recent comments are more rational, but the first one I saw claimed DEI hiring was the real problem, and the second was about how "the left" wanted to prove Ayn Rand wrong. Not a great look when I'm looking at Slashdot for the first time in years. Fortunately people there are pointing out the idiocy.)



CEO Dave Calhoun set to step down at the end of 2024

Chairman Larry Kellner will also resign and depart the board

Stan Deal, president and CEO of Boeing Commercial Airplanes, is leaving

Guessing they already have job offers from any number of MBA-run, shareholder friendly outfits.

[Kellner] will be replaced as chair by Steve Mollenkopf, a Boeing director since 2020

Stephanie Pope, Boeing's CEO, will take over Deal's role

A strong promise for more of the same. These changes aren't signaling to regulators or customers.

Execs who view reputation/quality as raw material to convert into exec bonuses & increased share value seem to be stars in their world.


Why are we linking to Slashdot instead of the original link?

https://boeing.mediaroom.com/2024-03-25-Boeing-Announces-Boa...




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