Change in Management

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According to the New York Times, Boeing fired its chief executive officer, Dennis A. Muilenburg, on Monday after investors became weary of Muilenburg’s clumsy handling of the 737 Max crisis that angered lawmakers, airlines, regulators, and victims’ families.

Questions:

  1. Who is going to replace Muilenburg?
  2. When do the Boeing Board and Washington insiders typically meet for a telephone conference and why?
  3. How much has Boeing’s stock fallen during the crisis and how many companies are affected by changes in its supply chain?
  4. What is the Starliner and what happened to it this week?

Source:

Gelles, D. and N. Kitroelf. (2019). Boeing Fires C.E.O. Dennis Muilenburg. The New York Times, Dec. 23 (Retrievable online at https://www.nytimes.com/2019/12/23/business/Boeing-ceo-muilenburg.html)