Boe­ing names new CEO

Los Angeles Times - - COMPANY TOWN -

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.

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