Boeing CEO Dave Calhoun will step down at the end of 2024, according to a message he sent to employees on Monday.
Boeing is a top jet manufacturer and has had numerous issues prompting safety concerns, including several incidents in March alone. The Federal Aviation Administration (FAA) found several possible concerns with the company’s safety operations in a February report mandated by Congress after crashes in 2018 and 2019 that resulted in the deaths of 346 people.
“My decision to step down as CEO at the end of this year is one the board has been prepared for and will result in a number of changes at a management and governance level moving forward,” Calhoun wrote in the message.
“As we begin this period of transition, I want to assure you, we will remain squarely focused on completing the work we have done together to return our company to stability after the extraordinary challenges of the past five years, with safety and quality at the forefront of everything that we do,” he concluded.
Boeing did not immediately respond to the Daily Caller News Foundation’s request for comment.
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