Boeing CEO Dave Calhoun to step down by end of year

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Boeing CEO Dave Calhoun has announced he will step down by the end of 2024 after a wave of concerning safety incidents in recent months. CBS News senior transportation correspondent Kris Van Cleave has more.

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The new management team needs to have an engineering background or quality assurance/testing background not an accounting or management background!!!

coolwalk
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Don't worry, he'll get at least $250 million in his severance package.

heyaisdabomb
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Imagine quitting your job and having hundreds of millions in the bank.

uf
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Safety needs to be prioritised, not profits!

coolwalk
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If someone did not do their job right, they would be fired right away, right? The company did not wait for almost a year.

PulauBidong
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When you let a bean counter run your tech company....literally into the ground.

xraylife
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He’s feeling the heat after having that man murdered

garvisyearack
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Thing is, Dave Calhoun isn't the problem, it's the board...

erauprcwa
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The sad thing is that this CEO is being used as a scapegoat while the money that the stockholders is already gone and dispursed!

yediydeyah
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He's waiting for his year-end BIG bonus and negotiating his golden parachute.

untouchablex
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Boeing’s most logical internal candidate should be an engineer as their new CEO.
But if Boeing wants an external candidate for CEO, may I recommend an Airbus engineer.

YamiPheonix
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Good riddance. Now the whole board should also resign along with all of the individuals associate with MCDonnell Douglas.

JayTee
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1:48 - Apparently Boeing's primary focus is still Production Capacity, and not Quality Assurance... "I’m shocked. Shocked! Well, not that shocked!"

TecraX
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wasn't there a CEO replacement after two 737 Max 8 crash years ago?

shaggydawg
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Boeing is the only exporter of planes in the US. Blame the government and businessmen for creating a monopolistic company.

JonStark
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Thank you for your service, Sir, as the best CEO in Airbus history.

FlyWithMe_
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He'll probably leave with millions in severence and no penalties for leaving a key strategic company in ruins for other people to fix.... the American leadership way.

danmacarthur
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So I'm guessing after not caring about safety and quality control it's time to bail with all the money they made once their incompetence hits the fan.

nicoctane
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Tax his severence package of half a billion dollars. He doesn't deserve such disgusting amount of money destroying Boeing.

JonStark
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Remember not to say anything after your resign. Otherwise, you might get taken down.

drevil