Boeing Showing CEO Confidence With Longer Term: Analyst
Extending Boeing CEO Dave Calhoun's employment eligibility to 2028 will let him "see the company through" current challenges and "have a meaningful impact" on future strategic direction, Canaccord Genuity's Ken Herbert wrote investors Wednesday. Boeing announced Tuesday it increased Calhoun's…
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mandatory retirement age to 70. Herbert said the reasons for Chief Financial Officer Greg Smith's July 9 retirement aren't clear, but the hiring of the next CFO could be a sign of future strategic changes. It wouldn't be surprising if other senior-level Boeing departures follow, Herbert said.