SPR - Boeing's Search For New CEO Persists As Calhoun Faces Congressional Hearing | Benzinga
Boeing Company (NYSE:BA) is reportedly facing complications in its search for a new leader as several high-profile candidates have declined the opportunity amid discussions about the necessity of the next CEO being based near its Seattle-area factories.
In March, Boeing’s Chief Executive David Calhoun announced his intention to resign by year’s end.
Larry Culp, CEO of GE Aerospace (NYSE:GE) and widely seen as a suitable candidate, declined Boeing’s invitation to consider assuming the role, The Wall Street Journal reported, citing sources familiar with the discussions.
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