BREAKING: Boeing fires CEO Dennis Muilenburg as 737 MAX crisis deepens
- Chairman Dave Calhoun is set to replace Muilenburg, the company announced
- Boeing said ‘a change in leadership was necessary to restore confidence’
- Company had already said it will temporarily halt 737 MAX production in January
Boeing has fired its CEO Dennis Muilenburg following a year of intense scrutiny and industrial setbacks set off by twin fatal crashes of its 737 MAX jetliner, The New York Times reports.
Chairman David Calhoun will serve as CEO and president, effective January 13, the company said Monday.
‘The Board of Directors decided that a change in leadership was necessary to restore confidence in the Company moving forward as it works to repair relationships with regulators, customers, and all other stakeholders,’ the company said.
The company announced a decision to suspend production of its best-selling 737 MAX model from January earlier this month. It is the plane maker’s biggest assembly-line halt in more than 20 years.
Boeing has fired its CEO Dennis Muilenburg, pictured, it was reported Monday
Muilenburg was fired following a year of intense scrutiny and industrial setbacks set off by twin fatal crashes of its 737 MAX jetliner, pictured in Moses Lake, Washington in September
The 737 Max was banned from flying in March 2019 following two devastating overseas crashes that left 346 dead.
The decision to suspend production was made by Boeing’s board after a two-day meeting in Chicago, just one week after the Federal Aviation Administration (FAA) said it would not approve the plane’s return to service before 2020.