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Boeing Defense Chief Exits in New CEO’s 1st Executive Move
Boeing defense chief exits as new CEO shakes up top ranks
Boeing said that Ted Colbert, who oversees its Defense and Space division, is leaving, the first big personnel change by Kelly Ortberg since he became CEO.
Boeing defense chief exits as new CEO makes first big move
Boeing said today the head of its troubled space and defense unit is leaving the company immediately, in the first management change under new CEO Kelly Ortberg.
Boeing's defense unit chief Colbert is departing, CEO says
Boeing's new CEO Kelly Ortberg said the company's defense unit chief Ted Colbert is leaving Boeing and that a replacement would be named later. The defense unit accounted for about 40% of Boeing's revenue in the first half of the year.
1h
Boeing ousts head of troubled space unit after astronauts left stranded, billions in losses
Boeing’s defense, space and security unit, one of its three main businesses, has lost billions of dollars in 2023 and 2022, ...
1d
on MSN
Will Boeing's furlough strategy during the strike ensure its financial stability?
Boeing's CEO says the company will begin furloughs to conserve cash during the strike by union machinists. The furloughs are ...
KUOW
2d
Boeing to begin furloughs, leadership takes a pay cut, as machinist strike continues
As Boeing's machinists continue to strike, furloughs and pay reductions are in store for the rest of the company.
2d
on MSN
Boeing begins layoffs amid labor union strike, controversy over CEO's home purchase: 'Very difficult time'
After Boeing workers went on strike Friday, new CEO Kelly Ortberg announced via email that "temporary furloughs" would be ...
1d
on MSN
Boeing Enforces Temporary Furloughs Amid Strike, CEO Kelly Ortberg Announces 'Difficult Steps' Like Pay Cuts As $1B Weekly Loss Looms
Boeing Co. (NYSE:BA) has started temporary furloughs for thousands of employees as it grapples with the financial impact of a ...
1d
Boeing Furloughs White-Collar Workers as Strike Worsens Cash Crunch
CEO Kelly Ortberg says he will take a pay cut. Credit-ratings firms have warned of a downgrade.
5h
Boeing Furloughs Begin on Friday for Thousands in Pacific Northwest
Boeing CEO Kelly Ortberg told employees earlier this week that the company would initiate temporary furloughs for a large ...
14h
Boeing strike costs set to soar if labor dispute drags on
The ongoing strike by the largest union representing Boeing employees has already cost the company more than $500 million ...
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Boeing
United States
strike
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International Association of Machinists and Aerospace Workers
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