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| Boeing Fires C.E.O. Dennis Muilenburg | Boeing Fires C.E.O. Dennis Muilenburg |
| (32 minutes later) | |
| Boeing on Monday fired its chief executive, Dennis A. Muilenburg. | Boeing on Monday fired its chief executive, Dennis A. Muilenburg. |
| It said Dave Calhoun, the chairman, would replace Mr. Muilenburg, on Jan. 13. Until then, Boeing’s chief financial officer, Greg Smith, will serve as interim chief executive, the company said. | It said Dave Calhoun, the chairman, would replace Mr. Muilenburg, on Jan. 13. Until then, Boeing’s chief financial officer, Greg Smith, will serve as interim chief executive, the company said. |
| Boeing said in a statement that its board of directors “decided that a change in leadership was necessary to restore confidence in the company moving forward as it works to repair relationships with regulators, customers, and all other stakeholders.” | Boeing said in a statement that its board of directors “decided that a change in leadership was necessary to restore confidence in the company moving forward as it works to repair relationships with regulators, customers, and all other stakeholders.” |
| Mr. Muilenburg had come under fire for his handling of the biggest crisis in the company’s history, the global grounding of the 737 Max after two crashes that killed 346 people. As he has sought to return the aircraft to service, his efforts have angered lawmakers, airlines, regulators and victims’ families. | |
| Before the plane can fly again, the company and regulators must fix an automated system known as MCAS that was found to have played a role in both crashes, ensuring the Max is certified safely and transparently. | |
| Boeing’s shares rose more than three percent in early trading Monday. | |
| This is a developing story. Check back for updates. | This is a developing story. Check back for updates. |