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home / articles / ITA - Does Boeing's Management Overhaul Signal Crucial Turning Point? Analysts Weigh In | Benzinga


ITA - Does Boeing's Management Overhaul Signal Crucial Turning Point? Analysts Weigh In | Benzinga

Analysts from Benchmark and BofA Securities expressed their views on recent significant management changes and delivery concerns at The Boeing Company (NYSE:BA).

This week, David Calhoun, the CEO of Boeing, revealed the decision to step down along with chairman Larry Kellner in the wake of an investigation by federal authorities into the January incident when a door panel blew out in mid-flight.

Also, the company disclosed the immediate departure of Stan Deal, president and CEO of the company’s Commercial Airplanes division.

RelatedBoeing CEO Dave Calhoun ‘Should Have No Voice In Naming Successor,’ Says Jeffrey Sonnenfeld: ‘They Failed. He’s Like A Wounded Animal In The Corner’

Boeing’s Board has reportedly embarked on a quest to find a new leader for the ...

Full story available on Benzinga.com

Stock Information

Company Name: iShares U.S. Aerospace & Defense ETF
Stock Symbol: ITA
Market: NYSE

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