Boeing names new CEO
Boeing CEO Jim McNerney is stepping away from the controls after 10 years.
The aircraft maker said President and Chief Operating Officer Dennis Muilenburg would become its new CEO on July 1. To ease the transition, McNerney will keep working at Boeing until the end of February. He is also remaining chairman of the Chicago- based company.
McNerney, who took over Boeing as it was struggling with massive production delays from its 787 Dreamliner program, leaves behind a company with a record book of new jet orders and the fastest production rate in history.