Boeing Stock Soars as CEO Dave Calhoun to Step Down by 2024

Monday, 25 March 2024, 13:28

Boeing's CEO, Dave Calhoun, reveals plans to resign by 2024 in efforts to restructure the company post-issues with MAX series airplanes. Investors react positively as Boeing stock spikes by 3.88%, albeit the long-term decline faced by the company. Calhoun's departure signals a strategic move towards resolving quality control concerns and enhancing business operations.
https://store.livarava.com/cbd0dafd-eaab-11ee-aea8-63fd8ea994ba.jpg
Boeing Stock Soars as CEO Dave Calhoun to Step Down by 2024

Boeing Stock Surge After CEO Announces Departure

The departing CEO, Dave Calhoun, is stepping down to restructure Boeing.

Stock Spike Following CEO's Announcement

The announcement led to an immediate 3.88% surge in Boeing shares.

Long-Term Stock Trends

Despite the recent spike, Boeing stock continues its downward trend YTD.

On Monday, March 25, Boeing investors might finally be able to catch a break, as the CEO of the ailing company - Dave Calhoun - decided to accept command responsibility and announced he will step down by the end of 2024.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe