Boeing CEO Revamps High Group With New CFO, Everlasting Protection Head



Boeing Co. mentioned Stephen Parker will oversee the protection, house and safety unit on a everlasting foundation, as Chief Govt Officer Kelly Ortberg molds his high management workforce, together with…

Boeing CEO Revamps High Group With New CFO, Everlasting Protection Head

Boeing Co. mentioned Stephen Parker will oversee the protection, house and safety unit on a everlasting foundation, as Chief Govt Officer Kelly Ortberg molds his high management workforce, together with the appointment of a brand new chief monetary officer. 

Parker had run the division on an interim foundation since September of final 12 months, after Ortberg eliminated the earlier head of that enterprise, Ted Colbert. On Monday, Boeing additionally introduced that Jesus “Jay” Malave, a former finance chief at Lockheed Martin Corp., will take over from Brian West subsequent month.

Ortberg himself solely joined Boeing final 12 months in August. He took over an organization in disaster after a near-catastrophic accident in the beginning of 2024 threw Boeing and its factories into turmoil. Ortberg then needed to rapidly deal with a debilitating labor strike that eroded its funds and disrupted manufacturing additional, although he’s since been been credited with steadying the producer.

Boeing is a significant protection and house contractor, and the corporate had a standout win just a few months in the past when it gained a contract to design and construct the US’s next-generation stealth fighter jet, known as the F-47. That airplane beat out Lockheed Martin for the multibillion greenback program aimed toward making ready the navy for doable battle with China.

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