Boeing chief to stand down
Boeing chief executive Jim McNerney is to stand down after 10 years heading up the aircraft manufacturer.
He will replaced by president and chief operating officer Dennis Muilenburg on July 1.
McNerney, 65, will stay on as chairman and is set to retire at the end of February 2016.
Muilenburg has been company vice chairman since 2013, along with Boeing Commercial Airplanes president and CEO Ray Conner.
Conner will stay in charge of the $60 billion Commercial Airplanes unit and will serve as sole company vice chairman.
Boeing said the two would continue working closely on ‘key corporate processes’ and ‘integrating cross-enterprise strategies and efficiencies’.
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
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