Boeing CEO Dave Calhoun heads for the exit

Originally published at: https://boingboing.net/2024/03/25/boeing-ceo-dave-calhoun-heads-for-the-exit.html

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Peace Out Goodbye GIF by NETFLIX

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Calhoun said in an interview on CNBC that the decision to step down was “100%” his decision.

Well the mandatory retirement age of 70 was quickly approaching …

He is 66.

image

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There he goes, sailing off with his golden parachute, instead of a BoeingTM one.

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espn simmons GIF

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Would anyone trust a Boeing parachute these days?

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That image! chefkiss

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I’ll take the low-hanging fruit: His exit will be quick and easy - there’s no door.

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I’m sure he was told there was no pressure.

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Curious to how big his golden parachute is. Do a great job as CEO get big bucks. Do a shitty job, get slightly less bucks.

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Any company that gets too be so dominant that its existence and success are viewed as eternal will stumble and fail.

I’m sure there’s a name for this idea. “Calhoun’s Law” or something like that.

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Mollenkopf is like a professional corporate board member. He sits on several, including Dell I think. He used to be Qualcomm’s CEO. So…I have complete faith that he will fix everything (/s).

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It’s scary how, while I don’t fly that often, every time I do, the plane is a Boeing. :grimacing:

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Well at this point, it’s almost certainly going to be either a Boeing plane or an Airbus plane. Monopolies and near monopolies…who could have predicted they would cause so much trouble? (spoiler: almost everyone, including the US government well over 100 years ago)

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Well, as they say at Boeing. When one door closes, another door falls off.

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It’s been ages for me. I’ve found myself on more and more Embrauer E195s for regional flights back when I was travelling.

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Perhaps to underscore one little negative tidbit, David L. Calhoun ain’t being blown out the exit until “the end of the year”. Nine months and a bit o’ change to affect not a lot of change where change is grievously needed

Boeing CEO David Calhoun will step down from the embattled plane maker at the end of the year as part of a broad management shakeup after a series of mishaps at one of America’s iconic manufacturers. linky

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The news of his retirement is the only thing that is important to Boeing right now.

Stock is up is the change they really wanted.

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Hopefully his golden parachute will have a hole in it the size of a Boeing 737’s door. :rage:

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That doesn’t even make sense! I could see him arguing that their training is worse (in the absence of evidence this would be a prejudiced supposition, but I can see it being made). But experience? Why would they fly less than American pilots?

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