Boeing CEO Dave Calhoun speaks briefly with reporters as he arrives for a meeting in Senator Mark Warner's (D-VA) office on Capitol Hill on January 24, 2024 in Washington, DC.
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boeing Shareholders voted to re-elect outgoing CEO Dave Calhoun to the board, a preliminary tally showed Friday, as they sought to reassure investors that the manufacturer is on the path to stability amid its latest security crisis.
Calhoun said in March that he will resign at the end of the year, months after a door socket panel exploded mid-flight on a Boeing 737 Max 9, prompting new scrutiny of the plane's safety and quality control issues. maker. Boeing also replaced the chairman of its board of directors and the head of its commercial aircraft unit in the restructuring.
Boeing's new president, Steve Mollenkopf, told shareholders at the company's annual meeting on Friday that he has consulted with investors and customers about Calhoun's successor. Proxy advisor Glass Lewis had recommended that shareholders vote against Calhoun and two other board members.
Boeing's latest problems have slowed deliveries of new planes, frustrating airline executives who have complained about having to change their flight schedules and reduce staffing. It has also further strained Boeing's relationship with its regulator, the Federal Aviation Administration, which has stepped up inspections of the manufacturer.
Earlier this week, the Justice Department said Boeing violated a 2021 agreement that protected the company from criminal charges related to the two fatal 737 Max crashes, opening Boeing to possible prosecution in the United States.
