Boeing on July 31 reported a quarterly loss of more than $1 billion while naming aerospace industry veteran Robert “Kelly” Ortberg as its new CEO and president, at a time when the plane-making giant faces headwinds from a combination of legal, regulatory, and production issues.
Ortberg, a former CEO at Boeing supplier Rockwell Collins, will take over from current Boeing CEO and president David Calhoun on Aug. 8, the company said in a statement.
