Boeing Announces Leadership Shift For Troubled 737 Max Program After Recent Episode
Portfolio Pulse from Benzinga Neuro
Boeing Co (NYSE:BA) is undergoing a leadership change in its 737 Max program following a recent incident where a door panel blew out during an Alaska Airlines flight. Ed Clark, the current head, will be replaced by Katie Ringgold, with Elizabeth Lund taking a new senior VP of quality role. This comes amid a series of challenges for Boeing, including quality issues, delivery delays, and intensified FAA inspections.
February 22, 2024 | 6:16 am
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Boeing faces leadership changes in its 737 Max program after a series of quality issues and delivery delays, impacting its stock in the short term.
The leadership change in Boeing's 737 Max program, following a recent safety incident and ongoing quality and delivery issues, could lead to short-term investor concerns and stock volatility. The company's efforts to address these challenges are critical, but the immediate reaction may be negative due to the uncertainty and the potential for further delays and scrutiny.
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