Boeing ousts CE, picks chairman to map exit from Max crisis

Dennis Muilenburg was ousted as CE of Boeing, a once-unthinkable turning point for a US industrial champion now engulfed in turmoil after 2 deadly crashes of its top-selling 737 Max jetliner. David Calhoun, a GE veteran who had served as chairman since October, will replace Muilenburg as CE and president Jan 13, Boeing said Monday. The move followed a rare public rebuke earlier this month by the US FAA. Just last week, Boeing said it would temporarily halt output of the Max, which has been grounded since March. Boeing’s directors voted unanimously to install Calhoun, as CE during an emergency session Sunday. “A change in leadership was necessary to restore confidence in the company moving forward as it works to repair relationships with regulators, customers, and all other stakeholders,” Boeing’s board said. <br/>