#boeing #ceo #safety #yahoofinance

The hunt is on for aviation manufacturer Boeing (BA) to find a new CEO after current chief executive Dave Calhoun announced his intention to step down by the end of 2024. The company and its manufacturing process have become the subject of several federal investigations after a mid-air incident involving one of Boeing's 737 Max jets. Citi Managing Director Jason Gurksy called Boeing's leadership changeup amid controversy as "both predictable and thoughtful." Gursky — Citi's Aerospace and Defense Lead Analyst — joins Yahoo Finance Live to discuss Boeing's leadership search and its implications on the stock and shareholder sentiments. "The way that they're doing this is the right way to do it, right? Suggesting that they're going to have the existing leadership step out at the end of the year, to give themselves plenty of time to conduct a really methodical search," Gurksy says. "And give the current CEO plenty of time to de-risk what's going on at the company — they've got to get through this FAA process and get permission to increase their production rates over time." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.

Yahoo Finance: Market Coverage, Stocks, & Business News
About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

- Get the latest news and data at finance.yahoo.com

- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

- Follow Yahoo Finance on social:

X:   / yahoofinance  
Instagram: https://www.instagram.com/yahoofinanc...
TikTok: https://www.tiktok.com/@yahoofinance?...
Facebook:   / yahoofinance  
LinkedIn:   / yahoo-finance