Boeing is replacing its CEO, Dennis Muilenburg, as the planemaker seeks to “restore confidence” amid the fallout from two crashes of its bestselling 737 MAX commercial jet.
Muilenburg resigned from his positions as chief executive officer and board director, effective immediately, the company said in a Dec. 23 statement. Chief Financial Officer Greg Smith will serve as interim CEO until David Calhoun, the Chicago-based company’s chairman, takes over on Jan. 13.
