Boeing fires boss Muilenburg amid 737 troubles

Boeing has fired its chief executive, Dennis Muilenburg, a move the board of directors said “was necessary to restore confidence” in the firm. Mr Muilenburg has been under pressure since two deadly crashes involving Boeing’s best selling 737 Max airliner.

Lawmakers had accused the firm of putting profit over safety, as it rushed to get planes to customers. Families of the victims called the change a good “first step” but expressed doubts over his replacement. Boeing named David Calhoun, who has served on the firm’s board since 2009 and is its current chairman, as chief executive and president. “While the resignation of Mr Muilenburg is a step in the right direction, it is clear that the Boeing Company needs a revamp of its corporate governance,” said Paul Njoroge, who lost his wife, three children and mother-in-law when Ethiopian Airlines Flight 302 crashed in March.(bbc)…[+]