Boeing Names Aerospace Veteran Kelly Ortberg Its New CEO and President

Following a disastrous year of plummeting business and a general distrust among airline passengers, Boeing has named its new CEO and President after months of searching for the right candidate to turn the company around.

On Wednesday, Boeing named Robert “Kelly” Ortberg, 64, its incoming chief executive, effective August 8.

Related: United Airlines Records $200m Hit From Boeing Grounding

“I’m extremely honored and humbled to join this iconic company,” Ortberg said in a statement. “There is much work to be done, and I’m looking forward to getting started.”

Ortberg has over 35 years of experience in aerospace and defense and served as the former CEO of Rockwell Collins until 2018.

In

→ Continue reading at Entrepreneur

More from author

Related posts

Advertisment

Latest posts

Dow tumbles more than 500 points as investors fear the US economy is faltering | CNN Business

New York CNN  —  Stocks took a nosedive Thursday after fresh data stoked fears that the US economy is...

Trump’s net worth has plunged $800 million since Harris entered the race for the White House | CNN Business

New York CNN  —  Former President Donald Trump’s social media fortune is shrinking. The value of Trump’s...

The CDC has tightened rabies regulations for imported dogs. Here’s why

The U.S. Centers for Disease Control and Prevention tightened rabies regulations for dogs coming into the country. The new regulations, which went into effect...