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Boeing Hires Former Lockheed Martin Executive as Next CFO

Jesus Malave joins Boeing amid a spike in orders and just months after the Pentagon awarded the company a $20 billion contract to develop the F-47 fighter jet.
Boeing Hires Former Lockheed Martin Executive as Next CFO
A Boeing logo at the Australian International Airshow in Avalon, Australia, on March 26, 2025. Hollie Adams/Reuters
Wesley Brown
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Boeing President and CEO Kelly Ortberg, who has been in the aerospace and defense industry giant’s top post for 10 months, continued to reshuffle his leadership team with the hiring of a new chief financial officer.

Boeing announced on June 30 that it has elected former Lockheed Martin CFO Jesus “Jay” Malave as its executive vice president and next CFO, replacing current CFO Brian West, who has held the role for the past four years and will now serve as a senior adviser to Ortberg.
Wesley Brown
Wesley Brown
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Wesley Brown is a long-time business and public policy reporter based in Arkansas. He has written for many print and digital publications across the country.