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
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.