Boeing’s (BA) board of directors announced it has named Dennis Muilenburg the company’s new chief executive officer, replacing Jim McNerney, who’s held the position for the past ten years. Muilenburg is set to take the helm on July 1 after previously serving as Boeing president and chief operating officer since 2013. He’s a 30-year veteran at the company. Boeing said McNerney will stay on as chairman and continue working at the company until retiring at the end of February 2016. In a statement, McNerney said, ‘As CEO, Dennis will bring a rich combination of management skills, customer focus, business and engineering acumen, a can-do spirit and the will to win. With a deep appreciation of our past accomplishments, and the energy and skill to drive those to come, he is well suited to lead our very talented Boeing team into its second century.’ Of his new role, Muilenburg said, ‘The opportunity to lead the people of Boeing in service to our commercial and government customers is a tremendous honor and responsibility. Our company is financially strong and well positioned in our markets. As we continue to drive the benefits of integrating our enterprise skills, capabilities and experience – what we call operating as ‘One Boeing’ – we will find new and better ways to engage and inspire employees, deliver innovation that drives customer success, and produce results to fuel future growth and prosperity for all our stakeholders.’
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