Boeing CEO Harry Stonecipher Resigns; Board Appoints James Bell Interim President and CEO; Lew Platt to Expand Role
Boeing announced that its Board of Directors asked for and received the resignation of President and CEO Harry Stonecipher on Sunday, March 6. Concurrently, the Board has appointed CFO James A. Bell, 56, as president and CEO on an interim basis, with Board Chairman Lew Platt assuming an expanded role in his capacity as non-executive chairman. Stonecipher will also leave the company?s Board; all changes are effective immediately.

It is unfortunate that Boeing lost its leader at such a crucial time when it needs to make a decision on the KC-767 and the 747 Advanced in the coming months. Besides leaving the job of President and CEO, Stonecipher have to leave the Boeing's Board. While Stonecipher did gave some clues on those projects, we will have to wait and see whether his successor will carry them out.

<< Home

External Link | | Permalink | | Digg it | Bookmark with del.icio.us