Will Boeing's Outgoing CEO Dave Calhoun Retain His Board Status? Shareholders To Vote Today
Portfolio Pulse from Benzinga Neuro
Boeing shareholders are set to vote on the board status of outgoing CEO Dave Calhoun during the company's AGM. The vote comes amid multiple crises, including investigations and production declines. Proxy advisors have urged shareholders to vote against Calhoun's reelection. The outcome of the vote and the selection of Calhoun's successor are critical for Boeing's future.
May 17, 2024 | 6:31 am
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Boeing shareholders will vote on the board status of outgoing CEO Dave Calhoun during the AGM. Proxy advisors recommend voting against his reelection due to dissatisfaction with safety culture reforms. The vote and the selection of Calhoun's successor are crucial for Boeing's future.
The vote on Calhoun's board status and the selection of his successor are critical for Boeing's future. Proxy advisors' recommendations against his reelection indicate potential instability and dissatisfaction among shareholders, which could negatively impact the stock price in the short term.
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