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Boeing CEO Dave Calhoun will step down at end of 2024: Calhoun joined Boeing in early 2020 as it struggled to recover from two deadly crashes ...
washingtonpost.com/business/2024/03/25/boeing-ceo-stepping-down/
Boeing CEO Dave Calhoun will step down at end of 2024
Quick Glance: Implications of Boeing CEO's Resignation on Aircraft Manufacturer
  • Dave Calhoun, the CEO of Boeing, is set to resign by the end of the year, with additional top executives leaving the company amidst safety concerns tarnishing its reputation following an incident involving an Alaska Airlines 737 Max in January.

  • It is emphasized that most Boeing aircraft remain safe, but only time will reveal whether the restructuring in the corporate leadership leads to tangible positive changes.

  • Implementing a cultural shift in a vast company like Boeing can prove to be a complex task, particularly for the incoming CEO tasked with rebuilding the company's image.

  • Despite thorough investigations and changes at the helm of Boeing, it is crucial to highlight that the company's airplanes are safe and continue to be maintained by dedicated professionals to ensure safety in the aviation industry.
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Departing Boeing CEO gets nearly $33 million in 2023 total compensation: The 2023 pay package of Boeing's CEO, who recently announced his departure in the midst ...
reuters.com/business/aerospace-defense/departing-boeing-ceo-gets-nearly-33-million-2023-total-compensation-2024-04-05/
Departing Boeing CEO gets nearly $33 million in 2023 total compensation
Quick Glance: Boeing CEO receives nearly $33 million in 2023 total compensation
  • Boeing CEO Dave Calhoun received nearly $33 million in total compensation in 2023, with much of it in deferred stock that decreased in value after an incident.

  • Calhoun's retirement payouts were valued at over $44 million as of year-end 2023.

  • Boeing underwent a management shakeup due to quality concerns from regulators and customers.

  • Boeing revamped its executive compensation policies to prioritize product safety and quality after two fatal 737 MAX crashes.
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A 44-year-old who had the dream job, decided to quit a high package because he was bored! Here is what he did next: 'I Got Bored', Indian CEO Quits Rs 1 Crore Microsoft Job To Launch Startup For Farmers
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Change of course at aircraft manufacturer: series of breakdowns forces Boeing boss to resign
n-tv.de/mediathek/videos/wirtschaft/Pannenserie-zwingt-Boeing-Chef-zum-Ruecktritt-article24830670.html
Change of course at aircraft manufacturer: series of breakdowns forces ...
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Boeing ousts the head of its troubled 737 Max program after quality control concerns
npr.org/2024/02/21/1232964668/boeing-737-max-8-9-chief-ousted-leadership-changes
Boeing ousts the head of its troubled 737 Max program after quality ...
Quick Glance: Boeing replaces 737 MAX program leader in restructuring
  • In a strategic move, Boeing has replaced the leader of the 737 MAX program at its Renton plant and reorganized the leadership team of the Commercial Airplanes Division.

  • These changes were communicated to employees this morning in a message from Stan Deal, the head of Boeing Commercial Airplanes.

  • Following an incident involving a Renton-assembled MAX 9 where a fuselage panel blew out during an Alaska Airlines flight, scrutiny on quality control at Boeing and its suppliers has intensified.

  • Ed Clark, who previously served as the vice president of the MAX program and general manager of the Renton facility, will be departing the company and being succeeded by Katie Ringgold.
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Boeing Supplier Hexcel (HXL) Plunges as Wall Street Pans ‘Unnerving’ CEO Pick: Hexcel Corp.’s shares tumbled the most in four years after the company appointed a ...
bloomberg.com/news/articles/2024-04-10/boeing-supplier-plunges-as-wall-street-pans-unnerving-ceo-pick
Boeing Supplier Hexcel (HXL) Plunges as Wall Street Pans ‘Unnerving’ CEO ...
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United asks pilots to take unpaid leave in May because of delivery delays at Boeing
npr.org/2024/04/01/1242089228/united-pilots-unpaid-leave-boeing-737-max-8-9-woes
United asks pilots to take unpaid leave in May because of delivery delays ...
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Departing Boeing CEO Dave Calhoun's 2023 compensation reaches nearly $33 million (+45%) amid safety crisis
aviation24.be/manufacturers/boeing/departing-boeing-ceo-dave-calhouns-2023-compensation-reaches-nearly-33-million-45-amid-safety-crisis/
Departing Boeing CEO Dave Calhoun's 2023 compensation reaches nearly ...
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Boeing turbulence: Everything to know about the shakeup and departure of CEO Dave Calhoun
fastcompany.com/91068612/boeing-shakeup-ceo-dave-calhoun-stan-deal-stephanie-pope
Boeing turbulence: Everything to know about the shakeup and departure of ...
Quick Glance: Boeing's Customer-Driven Leadership Shift
  • A revolt by U.S. airline executives led to the removal of Boeing's top leadership, including CEO Dave Calhoun, following an incident involving an Alaska Airlines aircraft.

  • U.S. airlines are advocating for significant changes at Boeing, emphasizing the need for an experienced industry professional to be selected as CEO.

  • Responding to customer demands, Boeing underwent a comprehensive personnel restructuring and committed to reestablishing the company's direction.

  • Boeing's clients, particularly U.S. airlines, pressed for a change in leadership, seeking enhanced safety and reliability from the aircraft manufacturer.
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MSI announces SPATIUM M580 SSD with up to 14,600MBps speeds and a massive radiator
neowin.net/news/msi-announces-spatium-m580-ssd-with-up-to-14600mbps-speeds-and-a-massive-radiator/
MSI announces SPATIUM M580 SSD with up to 14,600MBps speeds and a massive ...
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Lessons from the Boeing crisis: Don't be afraid of failure: Boeing boss David Calhoun has announced his resignation after a series of mishaps ...
wiwo.de/erfolg/management/boeing-keine-angst-vorm-scheitern/29731922.html
Lessons from the Boeing crisis: Don't be afraid of failure
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🔴 Here you go ... News: Boeing bo$$es leave amid flurry of dangerous incidents, scrutiny must continue Bungling atop iconic American aerospace company ... Show more

Asleep at the controls: As Boeing bosses leave, scrutiny must continue

New York Daily News' Opinion and Editorials

Bramhall cartoons for March 2024
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Boeing in crisis - Rarely has a resignation been so overdue: How to ruin a company can be seen in Boeing. The Airbus rival urgently needs a restart ...
stuttgarter-nachrichten.de/inhalt.boeing-in-der-krise-selten-war-ein-ruecktritt-so-ueberfaellig.2489e398-3564-4ef5-9416-32768b609e8e.html
Boeing in crisis - Rarely has a resignation been so overdue
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Canadian National Railway releases new Indigenous relations policy: The railway's advisory council of prominent Indigenous leaders resigned at the end of last ...
montrealgazette.com/business/canadian-national-railway-releases-new-indigenous-relations-policy
Canadian National Railway releases new Indigenous relations policy
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Saudi passport, railways ready for smooth Umrah in Ramadan: RIYADH: The General Directorate of Passports has announced its readiness to receive Umrah pilgrims ...
arabnews.com/node/2474956/saudi-arabia
Saudi passport, railways ready for smooth Umrah in Ramadan
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Mystery of 700 civil servants with fake academic papers: Shocking revelations have emerged in how ministries and government agencies have concealed staff ...
standardmedia.co.ke/education/article/2001490051/mystery-of-700-civil-servants-with-fake-academic-papers
Mystery of 700 civil servants with fake academic papers
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Kenya Railways, KMTC, MTRH sack 202 staff over fake academic papers: Civil servants who secured jobs and promotions using forged academic papers axed.
nation.africa/kenya/news/kenya-railways-kmtc-mtrh-sack-202-staff-over-fake-academic-papers-4506422
Kenya Railways, KMTC, MTRH sack 202 staff over fake academic papers
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Transnet CEO Portia Derby resigns: Transnet CEO Portia Derby has quit after three years at the helm.
timeslive.co.za/news/south-africa/2023-09-29-transnet-ceo-portia-derby-resigns/
Transnet CEO Portia Derby resigns
Quick Glance: Resignation of Transnet CEO Portia Derby
  • On Friday, Derby submitted her resignation to the Transnet board.

  • Mounting pressure for Derby and Transnet Freight Rail (TFR) CEO Sizakele Mzimela to resign from industry bodies.

  • Minerals Council South Africa calls for replacement of Derby and Mzimela to prevent negative impact on the mining industry.

  • Transnet has not responded to questions from TimesLIVE so far.
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Network Rail manager resigns after hundreds of passengers were left stranded: Michelle Handforth, managing director for the Wales and Western region ...
inews.co.uk/news/network-rail-manager-resigns-after-hundreds-of-passengers-were-left-stranded-2813521
Network Rail manager resigns after hundreds of passengers were left ...
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Indigenous advisory council for CN resigns, saying railway 'missed the mark' on reconciliation
financialpost.com/transportation/rail/indigenous-advisory-council-cn-rail-resigns
Indigenous advisory council for CN resigns, saying railway 'missed the ...
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Transnet Freight Rail chief Siza Mzimela calls it quits: Her resignation comes on the heels of that of group CEO Portia Derby and pressure from the board after ...
mg.co.za/business/2023-10-05-transnet-freight-rail-chief-siza-mzimela-calls-it-quits/
Transnet Freight Rail chief Siza Mzimela calls it quits
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More Transnet top executive heads could roll: Following the abrupt resignation of Transnet Group CEO Portia Derby after months of pressure ...
timeslive.co.za/sunday-times/news/2023-10-01-more-transnet-top-executive-heads-could-roll/
More Transnet top executive heads could roll
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Zybach and the entire VR resign: The Jungfrau Zeitung platform is a publishing platform in Switzerland. The Jungfrau Zeitung gives the Bern region as much space ...
jungfrauzeitung.ch/artikel/215245/
Zybach and the entire VR resign
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I will not resign, says Pravin Gordhan: Public Enterprises Minister Pravin Gordhan said he will not resign from his position following accusations by political ...
iol.co.za/news/politics/i-will-not-resign-says-pravin-gordhan-e86beafc-ec7f-4172-bab2-347f13942cc3
I will not resign, says Pravin Gordhan
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Read the Sunday Times e-edition: There is so much more in the Sunday Times, have your pick, there is something for everyone.
timeslive.co.za/sunday-times/news/2023-07-02-read-the-sunday-times-e-edition/
Read the Sunday Times e-edition
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Most people have poor relationship with work, would take pay cut to be happier: study
businessinsider.com/most-people-unhealthy-relationship-work-pay-cut-happier-hp-study-2023-9
Most people have poor relationship with work, would take pay cut to be ...
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EVGA Is Reportedly About to Exit the Motherboard Market: All 170 workers at its Taiwan facility have reportedly resigned, including its overclocking deity ...
extremetech.com/computing/evga-is-reportedly-about-to-exit-the-motherboard-market
EVGA Is Reportedly About to Exit the Motherboard Market
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Odisha train crash: Opposition guns for minister’s resignation as questions flagged over passenger safety
financialexpress.com/india-news/odisha-train-crash-opposition-guns-for-ministers-resignation-as-questions-flagged-over-passenger-safety/3114599/
Odisha train crash: Opposition guns for minister’s resignation as ...
Quick Glance: Deadly Train Derailment in India Claims Over 50 Lives and Traps Many More
  • Officials have reported that approximately 400 people sustained injuries and were taken to hospitals after a train derailed nearly 1,600 kilometers (1,000 miles) northwest of New Delhi.

  • Rescue teams are currently working to free about 200 people who are feared to be trapped in the wreckage.

  • Up to three carriages of a second train also derailed.

  • According to media reports, the derailed Coromandel Express was traveling from Howrah in the West Bengal state to Chennai, the capital of the southern Tamil Nadu state.
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GK Software: Change of management at the provider of POS systems: After the sale to Fujitsu, GK Software is under new management. The founder and long-standing ...
lebensmittelzeitung.net/handel/personalien/gk-software-chefwechsel-beim-anbieter-von-kassensystemen-171554
GK Software: Change of management at the provider of POS systems
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Hertha BSC: Chaos getting worse: First Hertha boss resigns! | Sports: At Hertha it keeps popping! The first boss has now drawn surprising consequences.
bild.de/bild-plus/sport/fussball/hertha-bsc/hertha-bsc-chaos-immer-schlimmer-erster-hertha-boss-tritt-zurueck-83881352.bild.html
Hertha BSC: Chaos getting worse: First Hertha boss resigns! | Sports
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Spain rail chief resigns as trains too wide for tunnels: The head of Spain's state rail operator Renfe resigned this week following an outcry over an order ...
rte.ie/news/world/2023/0222/1358104-spain-train/
Spain rail chief resigns as trains too wide for tunnels
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Spain spends $275 mn on trains that wont fit through tunnels, rail head resigns after design blunder
wionews.com/world/spainish-rail-head-resigns-after-train-design-blunder-564069
Spain spends $275 mn on trains that wont fit through tunnels ...
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Managing director and chairman of the board of directors of the Splügner Bahnen resign
suedostschweiz.ch/wirtschaft/kurzzeitige-schliessung-hat-folgen-geschaeftsfuehrer-und-verwaltungsratspraesident-der
Managing director and chairman of the board of directors of the Splügner ...