Boeing Names New CEO

Boeing’s Board of Directors elected Dennis Muilenberg to be the company’s next CEO, a position he will assume on July 1, according to a Tuesday company press release. Muilenberg will succeed current CEO Jim McNerney, who has held the position for the past 10 years. The board will retain McNerney as its chairman and will add Muilenberg as a member. Muilenberg has served as Boeing president and COO since 2013, and has worked 30 years with the company. "Dennis is an extremely capable, experienced and respected leader with an immense passion for our company, our people, and our products and services," McNerney said. "As CEO, Dennis will bring a rich combination of management skills, customer focus, business and engineering acumen, a can-do spirit and the will to win. With a deep appreciation of our past accomplishments, and the energy and skill to drive those to come, he is well suited to lead our very talented Boeing team into its second century.”