Boeing's new president/CEO begins role

The Boeing Company (NYSE: BA) has announced that David L. Calhoun has assumed the role of president and chief executive officer, the company said.

Calhoun, 62, has served in various senior leadership roles within several large-scale enterprises including at the Blackstone Group, Nielsen Holdings and GE. During his 26-year tenure at GE, he led multiple business units including GE Transportation and GE Aircraft Engines where safety was paramount. He has served on the Boeing Board of Directors since 2009 and served as chairman from October 11 to December 22, 2019.

Boeing is a global aerospace company and provider of commercial airplanes, defense, space and security systems, and global services. As a top US exporter, the company supports commercial and government customers in more than 150 countries. Boeing employs more than 150,000 people worldwide and leverages the talents of a global supplier base.