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Boeing Strips Chairman Of Title

After months of "mounting pressure," Boeing announced that chairman and CEO Dennis A. Muilenburg "would lose his title as chairman, a rebuke from a board that has defended Boeing’s senior leadership after two crashes of its 737 Max jet killed 346 people," according to the New York Times. The lead independent director of the board, David L. Calhoun, will take Muilenburg's place. The post also explores other continued pressures for Boeing, including customers complaining about "inconsistent updates from the company about the status" of the 737 Max.

Read the whole story at The New York Times »

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