Corporate veteran to become new Boeing CEO

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AFP, New York :
Throughout a storied career in corporate America, David Calhoun has risen through the ranks at General Electric, taken Nielsen Holdings public and helped manage private equity giant Blackstone.
Calhoun, 62, who is set to become chief executive of Boeing in January following a shakeup announced Monday, will need all of his wiles as he takes the helm at the troubled aerospace giant mired in crisis after two deadly crashes on its best-selling jet.
Boeing announced that Calhoun would shift from chairman to CEO after it ousted Dennis Muilenburg, who stumbled over the company’s response to the disasters, alienating regulators, customers and victims’ families.
The crisis led to last week’s decision to suspend production of the 737 MAX, which provoked uncertainty in employees and suppliers, as well as hitting US growth forecasts, with no clear indication of when the aircraft will be clear to fly again.
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