Home HomeSwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

New CEO for Boeing – takes over in turbulent times

Published: 31 July 2024
New CEO for Boeing – takes over in turbulent times
Photo: Reed Saxon/AP/TT

Aircraft manufacturer Boeing has appointed Kelly Ortberg as new CEO. Industry veteran Ortberg faces a tough task of turning the company around to success again after a turbulent period.

Predecessor Dave Calhoun announced his resignation in March and Ortberg takes over on August 8.

Among the array of concerns for Boeing is the accident in January, when a door plug on a 737 Max model plane came loose during a flight with Alaska Airlines.

Earlier this summer, Boeing entered into a settlement agreement with prosecutors, which included billion-dollar fines. The airline giant was accused of misleading American regulatory authorities regarding an agreement reached after 346 people died in two plane crashes in 2018 and 2019 in Indonesia and Ethiopia.

Kelly Ortberg was presented in connection with the company's quarterly report, which included a operating loss of 1.4 billion dollars.

People
Organisations
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Distributing Money – to Rescue Thailand's Economy
1 MIN READ

Distributing Money – to Rescue Thailand's Economy

Researchers: Giant Boost Required for CCS Technology
3 MIN READ

Researchers: Giant Boost Required for CCS Technology

Indian decision can lead to lower rice prices
1 MIN READ

Indian decision can lead to lower rice prices

They're in demand on the labor market
2 MIN READ

They're in demand on the labor market

Mark Zuckerberg's wealth soars – fourth richest
1 MIN READ

Mark Zuckerberg's wealth soars – fourth richest

After the Giant's Profit Warning - More to Come
1 MIN READ

After the Giant's Profit Warning - More to Come

New Deadline for Car Tolls
1 MIN READ

New Deadline for Car Tolls

Downgraded Credit Rating for Israel
1 MIN READ

Downgraded Credit Rating for Israel

The time of teaser prices is over on the housing market
2 MIN READ

The time of teaser prices is over on the housing market

Misprinted Postage Stamp Sold for 150,000
1 MIN READ

Misprinted Postage Stamp Sold for 150,000

Volatile on the US stock exchange – Nvidia declined
1 MIN READ

Volatile on the US stock exchange – Nvidia declined

Volkswagen issues profit warning
1 MIN READ

Volkswagen issues profit warning

Inflation falls in the USA
1 MIN READ

Inflation falls in the USA

Ireland fines Meta for password security breaches
1 MIN READ

Ireland fines Meta for password security breaches

Oscar Engelbert's company goes bankrupt
1 MIN READ

Oscar Engelbert's company goes bankrupt

Historic Stock Market Week in Asia
1 MIN READ

Historic Stock Market Week in Asia

Inflation slows down in France and Spain
1 MIN READ

Inflation slows down in France and Spain

Northvolt owner: The situation is serious
3 MIN READ

Northvolt owner: The situation is serious

Slightly Down on the Stock Exchange – Boost for Hexagon
1 MIN READ

Slightly Down on the Stock Exchange – Boost for Hexagon

The Northvolt Crisis: Risk of Losing Competence
3 MIN READ

The Northvolt Crisis: Risk of Losing Competence