Boeing CEO loses chairman title

Miloch wrote in
:

https://www.axios.com/boeing-ceo-den...an-e9e8cb34-d7
13-4e54-ab0b-3ce858c45d89.html

Boeing CEO Dennis Muilenburg will no longer serve as chairman of the
board of directors as he focuses on returning "the 737 MAX safely to
service," the company announced in a Friday press release.

https://www.prnewswire.com/news-rele...directors-sepa
rates-ceo-and-chairman-roles-300937391.html

Where it stands: Boeing is separating the roles of chairman and CEO.
David Calhoun, Boeing's current independent lead director, will take
on the role of elected non-executive chairman, as Muilenburg stays on
as president and director.

The big pictu Muilenburg is scheduled to testify in front of
Congress on Oct. 30 to address the two Boeing 737 MAX 8 crashes in
Indonesia and Ethiopia that killed 346 people over the past year.

•A panel convened by the Federal Aviation Administration found on
Friday that the Boeing 737 flight control system — suspected of
causing both crashes — was not evaluated in concert with other
systems.



I am amazed Boeing stockholders haven't strung
up the entire Board from the nearest lampposts
for their malfeasance over the Supermax debacle.

Biggest catastrophe in the company's history
and NO ONE has been held accountable.

In the meantime the "software glitch" that has
not been found after months of search is keeping
hundreds of planes idled and hundreds more stalled
in production.