Steve HermanBoeing announces CEO David Calhoun is to step down at the end of 2024 as part of a shake-up at the troubled plane manufacturer.
Boeing CEO’s message to employees: https://boeing.mediaroom.com/2024-03-25-CEO-Message-to-Employees
Judgment DaveApropos of nothing, corporate communications make me nauseous.
Tyrone Slothrop@w7voa Interesting language.
"we are going to get our company back on the track towards recovery and stability" is CEO-speak for "this shop is currently circling the drain"
Jon@slothrop @w7voa I was at SGI from approximately its peak until after the first bankruptcy. CEO Bob Bishop liked to talk, at every allhands, about how changing the course of an established company was slow, like changing the course of a supertanker headed for a beach.
Unfortunately he continued to use the metaphor long after we had ground up on the beach and the tanker had fallen over on its side leaking oil everywhere.
Sean McCabe@w7voa
This would be a good time to test one of those golden parachutes.
This would be a good time to test one of those golden parachutes.
chilort@w7voa should get a gold spray painted model of a 737 Max rather than a golden parachute
ferricoxide@w7voa
Until board members and C-suite members can be sued for safety-endangering negligence, shuffling out leaders, like this, is just a PR exercise. The same "maximize shareholder value at any cost" philosophy that has led to this recent spate of incidents will continue apace (if not accelerate).
Until board members and C-suite members can be sued for safety-endangering negligence, shuffling out leaders, like this, is just a PR exercise. The same "maximize shareholder value at any cost" philosophy that has led to this recent spate of incidents will continue apace (if not accelerate).
WINGS_radio@w7voa A lot of other management needs to step down, too, for starters. Boeing has been neglectful of safety repeatedly, presumably from cost-cutting
Lazarou Monkey Terror 🚀💙🌈
Alan
Patrick H. Lauke@w7voa don't shake it too hard, bolts and stuff might start flying off...
Óscar Morales Vivó@w7voa he has decided to spend more time with his money.
ArtemesiaTwo execs down, 344 to go. And none will do prison time.
Brian Grinter@w7voa @lisamelton put some engineers back in charge
Cat West@w7voa How many millions of dollars and what other special perks is he getting in that golden parachute?