Boeing expands CFO Smith's role

Boeing (NYSE: BA) has expanded the enterprise responsibilities of Greg Smith, currently the company´s chief financial officer and executive vice president of Corporate Development & Strategy, the company said.

Starting July 1, Smith, 51, will serve as chief financial officer and executive vice president of Enterprise Performance & Strategy, adding a range of duties focused on ensuring strong and consistent business performance, continued achievements in innovation and corporate functional excellence.

Among the responsibilities that will shift to Smith in the months ahead are oversight of the integration and execution of the company´s new three business unit strategy, which includes the July 1 launch of Boeing Global Services; acceleration of company-wide innovation, productivity and market-based affordability projects; and leadership of a new talent management system for identifying, developing and deploying general managers and program managers.

Boeing is the world´s largest aerospace company and manufacturer of commercial airplanes and defense, space and security systems.