Results 1 to 3 of 3

Thread: Boeing’s space and defense chief exits in new CEO’s first executive move

  1. #1
    Join Date
    10-22-01
    Location
    All Over
    Posts
    39,525

    Boeing’s space and defense chief exits in new CEO’s first executive move

    ..to be replaced by the units current COO.

    Sept 20 (Reuters) - Boeing (BA.N), opens new tab said on Friday the head of its troubled space and defense unit is leaving the company immediately, in the first management change under new CEO Kelly Ortberg.
    Ortberg who took over in August said Ted Colbert would be leaving and Steve Parker, the unit's chief operating officer, would assume Colbert's responsibilities until a replacement is named at a later date.
    "At this critical juncture, our priority is to restore the trust of our customers and meet the high standards they expect of us to enable their critical missions around the world," Ortberg wrote in an email to employees. "Working together we can and will improve our performance and ensure we deliver on our commitments."
    Boeing's space business has suffered significant setbacks, notably NASA's recent decision to send Boeing's Starliner capsule home without astronauts that followed years of missteps. Starliner has cost Boeing $1.6 billion in overruns since 2016, according to a Reuters analysis of securities filings.
    Colbert's departure comes at a time when Boeing has been trying to save cash by announcing furloughs of thousands of white-collar workers amid a strike by more than 32,000 of its workers.
    Boeing has also faced significant woes after a new Alaska Airlines 737 MAX 9 in January suffered a mid-air emergency after it was missing four key bolts.
    Boeing in July agreed to plead guilty to a criminal fraud conspiracy charge and pay at least $243.6 million after breaching a 2021 deferred prosecution agreement. The government said Boeing knowingly made false representations to the Federal Aviation Administration about key software for the 737 MAX.
    With the deep infection of corporate ethos seen at Boeing it has to begin at the top---but if anyone is more accountable than the CEO it is the COO---who now assumes that office
    "A pessimist sees the difficulty in every opportunity, an optimist sees the opportunity in every difficulty” ---Sir Winston Churchill
    "Political extremism involves two prime ingredients: an excessively simple diagnosis of the world's ills, and a conviction that there are identifiable villains back of it all." ---John W. Gardner
    “You can’t go back and change the beginning, but you can start where you are and change the ending.” ---C. S. Lewis

  2. #2
    Join Date
    08-05-05
    Location
    Deep inside the Central Scrutinizer.
    Posts
    21,225
    They need engineers running the show, not bean counters.

  3. #3
    Join Date
    10-22-01
    Location
    All Over
    Posts
    39,525
    Quote Originally Posted by Phillbo View Post
    They need engineers running the show, not bean counters.
    There is a bit over simplified saying in manufacturing---but still true: "Take care of quality and everything else will follow."

    Quality must be everyone's responsibility.
    "A pessimist sees the difficulty in every opportunity, an optimist sees the opportunity in every difficulty” ---Sir Winston Churchill
    "Political extremism involves two prime ingredients: an excessively simple diagnosis of the world's ills, and a conviction that there are identifiable villains back of it all." ---John W. Gardner
    “You can’t go back and change the beginning, but you can start where you are and change the ending.” ---C. S. Lewis

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •